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How Indian Cryptocurrency Users Avoid Banks Closing Their Accounts

Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country’s central bank. дальше »

2019-1-16 08:25


Two Major Banks in India, Digibank and Kotak, Close Customer Accounts for Bitcoin Associations

India’s crypto industry is having a hard time since 2018. You have probably heard all about it. Last year, the Reserve Bank of India (RBI) has banned all banks from offering accounts to crypto companies in which was known as the Indian Crypto Ban in the industry. However, things, which looked like they could be […] дальше »

2019-1-15 22:11


Reports Say Reserve Bank of India (RBI) is Postponing Plans for a National Cryptocurrency

According to the Indian news outlet the Hindu Business Line, the Reserve Bank of India (RBI) is pausing its plans to create a national cryptocurrency. Back in 2018, the central bank of India announced that it was analyzing the possibility of launching a central bank digital currency (CBDC). At that time, the bank created a […] дальше »

2019-1-2 17:44


India Reportedly Legalizing Cryptocurrencies Under “Tough” Ruling

According to a report via the New India Express, the Indian government is looking into legalizing cryptocurrencies. However, this would be under fairly strict rulings, as the country’s investigative cryptocurrency committee doesn’t want to ban digital assets outright, but recognizes they must still be regulated. дальше »

2018-12-28 23:40


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New Indian Governmental Committee Wants Cryptocurrencies to Be Legalized

The Indian cryptocurrency scene is murky as crypto entities are facing a banking ban and the government has explicitly asked investors to stay away from Bitcoin and other cryptocurrencies. However, the second interdisciplinary committee is now saying that cryptocurrency could be legalized in India with several terms and conditions, as reported by The New Indian Express. дальше »

2018-12-27 16:04


Indian Ministry of Finances Files Counter Affidavit On Cryptos In Supreme Court

The situation for cryptos continues to be tense in India as there is no certainty about their future. Now, the Indian Ministry of Finance has filed a counter affidavit now to petition for “concerned citizens” will be important in the definition of the future of cryptos in India. Last year, when cryptos were starting to […] дальше »

2018-12-6 22:16


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Ministry of Finance Files Counter Affidavit on Cryptocurrencies in Supreme Court

In what will come as a temporary respite, the Indian Ministry of Finance has filed a long overdue counter affidavit to the petition filed by concerned citizens. On October 25, 2018, the Supreme Court of India had directed the counsel of the Union of India to file a counter affidavit about regulations on cryptocurrencies. дальше »

2018-12-5 14:00


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Indian police and Microsoft combine forces to shut down fake call centers

For years, India has been a major hub for tech support call centers that service companies around the world. Unfortunately, not all of them are legit. Earlier this week, police in the capital city of New Delhi raided 16 fraudulent call centers and arrested nearly three dozen people for running scams while pretending to offer customer care. дальше »

2018-11-29 12:27