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India doesn’t want WhatsApp sharing your payment data with Facebook

Even as WhatsApp readies to launch its mobile payment service in India later this year, the government is concerned about its privacy and security ramifications. “Indian authorities are concerned that WhatsApp‘s payment service might share user data with group companies Facebook and Instagram, compromising the security, privacy and non-commercial information of its subscribers,” according to a report from the Economic Times. дальше »

2019-7-26 09:40


RBI Forced Inter-ministerial Panel to Propose Ban on Bitcoin: Report

The central government initially wanted to regulate the bitcoin sector but changed its stand due to objection from the Reserve Bank of India (RBI), reports Business Standard. The Indian daily claimed that Economic Affairs Secretary Subhash Chandra Garg, who was heading the interministerial committee to study cryptocurrencies, favored regulating them. дальше »

2019-7-23 16:00


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India: Government Committee Recommends Cryptocurrency Ban

Despite an earlier statement from India’s Minister of State for Finance that the government wasn’t planning on banning cryptocurrencies, the Inter-Ministerial Committee (IMC) is proposing otherwise. According to the IMC report on July 22, 2019, the committee recommended a blanket ban on cryptocurrency and also penalties for conducting virtual currency activities in the country. дальше »

2019-7-23 20:33


Bitcoin Isn't Banned in India, Confirms Minister; That’s Just Half the Picture

  Bitcoin enthusiasts in India have a reason to rejoice – the country’s government hasn’t banned cryptocurrencies, yet. Responding to a question in the Indian Parliament about the status of cryptocurrencies such as bitcoin in India, minister of state for finance Anurag Thakur responded in the negative, according to a report by Inc42. дальше »

2019-7-22 14:47


Bitcoin Isn’t Banned in India, Confirms Minister; That’s Just Half the Picture

  Bitcoin enthusiasts in India have a reason to rejoice – the country’s government hasn’t banned cryptocurrencies, yet. Responding to a question in the Indian Parliament about the status of cryptocurrencies such as bitcoin in India, minister of state for finance Anurag Thakur responded in the negative, according to a report by Inc42. дальше »

2019-7-21 14:47


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Here’s why India wants to build its own WhatsApp and Gmail

The Indian government is reportedly planning to build its own WhatsApp-like chat platform to facilitate secure communications for government agencies, according to news outlet Economic Times. The move is meant to reduce the country’s reliance on US technology companies, and ensure that all communication and data transmitted over the service will be stored locally in the country. дальше »

2019-6-27 14:22


Reserve Bank of Australia faults Bitcoin over miner’s fee and transaction costs

Although numerous businesses from the countries that are hostile to cryptos, such as India and China, have taken shelter in the Australian jurisdiction, a recent publication from the central bank, Reserve Bank of Australia, evoked mixed feelings among the community owing to its clear intentions of refusing Bitcoin’s entry into the market. дальше »

2019-6-21 18:15


Facebook’s Libra Coin May Not Be Launched In India, Facebook’s Biggest Market

This week, the world stopped and gasped at the announcement of Facebook’s Libra, the cryptocurrency created by the company and set to be launched next year. However, it seems that the biggest market for Facebook will not be available during the launch next year, according to a new report made by the Economic Times (ET). […] дальше »

2019-6-21 04:51


Indonesia, Russia, Philippines and India among countries whose citizens actively support budding crypto-projects

Although cryptos are enjoying much needed mainstream attention these days, its use on a global scale is speculated to be led only by a handful of nations. Recent research conducted by EVEN Foundation is aimed at uncovering crypto’s potential users and the current reach of the crypto-market. дальше »

2019-6-21 02:30


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Venture Capitalist: India’s Ban on Bitcoin Will Only Increase Interest in the Country

This week, a report claims that certain government departments across the country are supporting an outright ban on the “sale, purchase and issuance of all types” or crypto including Bitcoin, and could lead to a jail sentence for up to 10-years in prison for using the digital asset class as its intended. дальше »

2019-6-8 04:02


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India wants to make 40% cabs electric by 2026 to meet climate change goals

The Indian government is planning to order rideshare companies like Ola and Uber to convert 40 percent of their fleet to electric vehicles (EVs) by 2026, according to a report from Reuters. According to sources and documents obtained from meetings, the authorities will order the companies to adopt to electric vehicles gradually: 2. дальше »

2019-6-7 11:09


Facebook’s Secret Cryptocurrency Led by PayPal Alumni Just ‘Months Away’ from India Launch

By CCN: Facebook’s much-hyped cryptocurrency project, dubbed Project Libra, may launch in India within a matter of months, according to a Bloomberg report. The secretive blockchain project, led by a team of PayPal alumni, is expected to launch a stablecoin for sending peer-to-peer payments to friends and family as well as integrating with major e-commerce players. дальше »

2019-5-9 12:49