India: Government to keep an 'open mind' regarding Bitcoin and crypto in the country

2021-4-12 13:05

The Indian cryptocurrency community has been witnessing tremendous growth but a lack of regulatory clarity has been a significant roadblock. Although the government of India has been apprehensive of cThe post India: Government to keep an 'open mind' regarding Bitcoin and crypto in the country appeared first on AMBCrypto.

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India To Criminalize Private Crypto Ownership Despite Community Outcry

According to a senior government official familiar with the situation, the Indian government is working on legislation that will see private ownership of cryptocurrencies criminalized. India’s Crypto Ban Is Still On Course In a Reuters report published on Monday, an unnamed government official said the legislation banning cryptocurrencies in the country is in its final […] The post India To Criminalize Private Crypto Ownership Despite Community Outcry first appeared on BitcoinExchangeGuide.

2021-3-15 19:40


Experts in Crypto Community Discuss India’s Bitcoin Ban Being Nearly Impossible to Accomplish

As you may have already heard, India is planning on banning cryptocurrencies. The Indian government does not love cryptos. Everyone who read the news when the government banned banks from having crypto exchanges as clients knows that their instance on the market is far from slightly good. At the moment, nobody is exactly sure how […]

2018-11-16 02:10


Indian Officials Consider Ban on “Private Cryptocurrencies”

Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance.

2018-11-1 22:37


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India considers outlawing cryptocurrency use (but blockchain is still cool)

It seems India has no intention of slowing down its crusade against cryptocurrencies – but at least, it might be open to experimenting with distributed ledger tech. Following a meeting of the Financial Stability and Development Council (FSDC), the government is contemplating devising an appropriate legal framework to ban the use of cryptocurrency in India – and encourage experimenting with distributed ledgers instead.

2018-10-31 17:07


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Supreme Court of India Gives Two Week Deadline for Gov’t to Clarify Position on Crypto

The Supreme Court of India has formally set a deadline of two weeks for the government to officially clarify its position on cryptocurrencies. Urging for Clarity After having delayed its decision multiple times, the Supreme Court of India has urged the country’s government to provide its clear and official stance on the matter of cryptocurrencies.

2018-10-27 05:00


Reserve Bank of India’s (RBI) Cryptocurrency Ban to Get More Clarity in November

India Supreme Court Asks Government For Opinion on Cryptos Within 2 Weeks Recently, the Supreme Court of India has decided to ask the local government for an opinion on the cryptocurrencies and their market amid the fallout that was caused when banks were blocked from providing services to crypto exchanges. Yesterday, October 25, the Supreme […]

2018-10-27 21:45


Indian Supreme Court Gives Government Two Weeks to Submit Cryptocurrency Report

India’s supreme court has brought up the case against the cryptocurrency banking ban by the Reserve Bank of India after one-and-a-half months of delay. The court has reportedly asked the government to submit a report of the findings from the committee it had set up to understand the crypto space and recommend regulatory measures.

2018-10-26 08:40