2020-5-31 13:14 |
Here are the legal resources available to Indian crypto users and businesses if a bank has declined services out of cryptophobia.
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In a striking crypto breach of trust, an Indian police officer, Chandrahar SR, was recently arrested for illicitly siphoning off Bitcoin worth approximately INR 1. 8 crores ($216,000). This misconduct occurred amid an investigation into a major cryptocurrency scam that dates back to 2017.
2024-6-1 23:00 | |
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Indian crypto platforms could attain similar status as authorized dealers (similar to banks) under the guidelines of the Indian central bank, RBI.
2023-9-12 13:02 | |
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At the WEF’s 2022 Davos agenda, Narendra Modi, Indian Prime Minister, called for a united global stand to tackle the issues emerging from the cryptocurrencies’ increasing adoption. The key takeaway of the Indian PM’s talk was, “A single country cannot tackle the challenges from crypto well enough.
2022-1-20 00:30 | |
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Indian banks have reportedly been slow to accept the Supreme Court’s decision allowing them to do business with crypto firms.
2021-12-6 14:43 | |
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The Indian Supreme Court's decision to cancel the cryptocurrency ban imposed by the Reserve Bank two years ago is a top story in crypto today. Will Indian tokens pump?
2020-3-4 15:45 | |
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At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference.
2019-10-21 13:15 | |
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The Indian supreme court has set a new date to hear the crypto case that was originally scheduled to be heard on July 23. The court is expected to address the writ petitions against the RBI banking restriction as well as the government’s report and the recently released draft crypto bill.
2019-7-24 14:45 | |
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With no regulatory clarity surrounding cryptocurrencies, rumors have been circulating that the Indian government might end up banning crypto. A lot of people expected any sort of mention of cryptocurrencies in the recent annual budget meeting but were left disappointed.
2019-7-8 13:30 | |
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An Indian government-supported blockchain summit is drawing many policy makers with the aim to speed up the development of cryptocurrency regulation in the country. Among expected participants are officials from the Indian Ministry of Finance and the panel currently tasked with drafting the regulatory framework for cryptocurrencies.
2019-2-15 08:35 | |
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Cryptocurrency exchange Globitex has launched a new service called the Euro Wallet which allows users to make and receive euro payments in their personal IBAN accounts like any other European bank account.
2019-2-14 16:01 | |
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As Venezuela begins regulating cryptocurrency, BTC trading volumes in the country hit record highs on several exchanges. Amid fast-growing crypto adoption, peer-to-peer trading platforms such as Localbitcoins and Paxful have reported significant increases in the number of BTC traded in Venezuela.
2019-2-14 10:16 | |
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As Venezuela begins regulating cryptocurrency, BTC trading volumes in the country hit record highs on several exchanges. Amid fast-growing crypto adoption, peer-to-peer trading platforms such as Localbitcoins and Paxful have reported significant increases in the number of BTC traded in Venezuela.
2019-2-13 10:16 | |
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Unodax, one of India’s most popular crypto asset exchanges announced they are now partnering with instant crypto converter app, Changelly. Unodax users can now make instant crypto conversions, without spending time on other exchanges.
2019-2-13 01:23 | |
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The Venezuelan government has begun regulating cryptocurrency remittances. The regulator has set a monthly limit and will be collecting commissions of up to 15 percent of the transaction amount. Additionally, new details of its comprehensive registry of crypto service providers have been announced.
2019-2-11 03:58 | |
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The Venezuelan government has begun regulating cryptocurrency remittances. The regulator has set a monthly limit and will be collecting commissions of up to 15 percent of the transaction amount. Additionally, new details of its comprehensive registry of crypto service providers have been announced.
2019-2-11 03:58 | |
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On Feb. 4, Bitcoin Cash (BCH) supporters caught a sneak peek at two new video platforms dedicated to the BCH ecosystem. Porn. cash and Cinema. cash give content creators the ability to publish videos and get paid in cryptocurrency.
2019-2-10 21:40 | |
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One of the largest banks in the Philippines is reportedly launching a two-way cryptocurrency ATM that is in compliance with Bangko Sentral ng Pilipinas’ specifications. In the Philippines, the central bank regulates cryptocurrencies “when used for delivery of financial services, particularly, for payments and remittances.
2019-2-10 02:30 | |
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Campaign For Cryptocurrencies Passes 100 Days With Growing Support In India The Indian cryptocurrency market has been affected by a very hard regulatory stand taken by the local government. However, a social media campaign for positive cryptocurrency regulation has received a lot of support from the crypto community. Despite the banking restrictions that apply to […]
2019-2-10 22:57 | |
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Prominent cryptocurrency entrepreneur Brock Pierce is attempting to revive the defunct Mt. Gox exchange by submitting a single rehabilitation plan for creditors called Gox Rising. Back in 2014, the former CEO of Mt.
2019-2-8 18:55 | |
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A social media campaign for positive cryptocurrency regulation in India has passed 100 days with growing support from the community. Despite the ongoing banking restriction imposed by the country’s central bank, local crypto exchanges are reporting increased volumes and optimism about the upcoming regulation.
2019-2-8 14:55 | |
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The national contactless smart card that is used to pay for public transportation throughout Argentina can now be loaded with BTC. These cards are valid for rides on buses, trains, subways, and motorboats in 37 cities, including the capital city of Buenos Aires, according to the Argentine government’s website.
2019-2-8 05:28 | |
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If you followed crypto news this month, you have certainly heard about the Canadian CEO who died and left locked away all the cryptos from his exchange. The case has been getting attention lately a the wallets have over $150 million USD from clients which are completely inaccessible at the moment. The private Indian hospital […]
2019-2-7 21:30 | |
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Amidst all the suspicion that has followed the sudden closure of QuadrigaCX crypto exchange and cold wallets containing $150 million being inaccessible following the death of the company’s chief executive, Gerald Cotten, a hospital in India has confirmed that the CEO died while in its care.
2019-2-7 13:20 | |
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The Indian government panel tasked with drafting crypto regulation is reportedly worried that cryptocurrencies could destabilize the rupee if they are accepted as payments. Its concern came to light despite evidence that cryptocurrencies do not currently pose a threat to financial stability.
2019-2-5 09:05 | |
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India has a very rough relationship with cryptocurrencies. The country, which has enacted a ban on crypto exchanges last year, is now focused on deciding whether this ban, which is being called an exaggeration by the local crypto industry, should be lifted or not.
2019-2-5 01:21 | |
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The Indian government is looking into the impact of digital currencies and worried about the consequences for the Rupee. The high-level panel assigned with the task of making the country’s digital currency rules is now suggesting that cryptocurrencies could destabilize the Indian Rupee.
2019-2-4 18:19 | |
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An Indian governmental committee is reportedly concerned about the potential impact of crypto on the stability of the country’s fiat currency
2019-2-5 17:36 | |
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The decree establishing a legal framework for cryptocurrencies in Venezuela has entered into force. It contains 63 articles including rules for the purchase, sale, use, distribution, and exchange of cryptocurrencies and related products.
2019-2-4 11:25 | |
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The story almost has it all. Snowy Canada, an Indian Orphanage, a sudden death, troubles with bankers, an encrypted laptop and USB and the claimed loss of $180 million worth...
2019-2-4 17:33 | |
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The Senate of the U. S. state of Wyoming has passed a bill which defines cryptocurrency as property and establishes rules including for allowing banks to provide crypto custodial services. For secured transactions, however, the bill recognizes cryptocurrency as money subject to some of the same rules as money in the state.
2019-2-2 14:45 | |
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The South Korean government has updated its stance on initial coin offerings (ICOs) as well as announced the results of its 3-month investigation of ICO activities carried out by Korean companies.
2019-2-1 11:55 | |
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The Indian government has invited lawyers from Nishith Desai Associates to present their suggestions for the country’s crypto regulation. This is in response to the firm’s submission of a proposed regulatory framework for cryptocurrencies.
2019-1-31 10:41 | |
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The Indian government has invited lawyers from Nishith Desai Associates to present their suggestions for the country’s crypto regulation. This is in response to the firm’s submission of a proposed regulatory framework for cryptocurrencies.
2019-1-31 10:41 | |
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A lawyer representing the Internet and Mobile Association of India in its writ petition against the RBI banking ban has shared new details of the progress to lift the ban with news. Bitcoin. com. The supreme court recognizes the urgency of hearing the RBI case without waiting for the Indian government to introduce crypto regulation.
2019-1-29 15:01 | |
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The Indian government has reportedly confirmed that the report containing a regulatory framework for cryptocurrencies by an inter-ministerial committee is being finalized. This confirmation is in response to a Right to Information filing by a local news outlet.
2019-1-28 06:30 | |
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The Indian government has reportedly confirmed that the report containing a regulatory framework for cryptocurrencies by an inter-ministerial committee is being finalized. This confirmation is in response to a Right to Information filing by a local news outlet.
2019-1-28 06:30 | |
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China’s Center for Information and Industry Development has released its latest ranking of 34 crypto projects. This is the first update for 2019, but it is the ninth update overall. Bitcoin has been upgraded from the previous ranking while the top two positions remain unchanged.
2019-1-27 07:07 | |
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Cryptocurrency exchange Bitstamp has partnered with a Swiss bank to allow the bank’s customers to fund their dollar-denominated accounts with BTC as well as withdraw funds in the cryptocurrency.
2019-1-26 06:45 | |
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Indian cryptocurrency exchange WazirX announced today that it would support Tron’s BTT token airdrop event in February. It became one of the many exchanges that announced their support for the event recently.
2019-1-21 18:29 | |
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Two executives of a South Korean cryptocurrency exchange have reportedly been sentenced to jail for inflating trading volumes on their exchange. The pair allegedly used a bot to fake large orders in both cryptocurrencies and Korean won.
2019-1-20 07:00 | |
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The Stock Exchange of Thailand is reportedly planning to launch a cryptocurrency exchange. The securities companies that are members of the exchange will also apply for cryptocurrency broker-dealer licenses with the country’s regulator.
2019-1-18 11:32 | |
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This is the third instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 and on Day 2.
2019-1-18 00:05 | |
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The case against the crypto banking ban by the Reserve Bank of India (RBI) was unexpectedly heard at the country’s supreme court on Thursday. However, senior advocates for the parties were reportedly absent, so a new date has been set and the crypto case will be “top of the list” on that date.
2019-1-17 14:53 | |
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The Thai Ministry of Finance has rejected the last cryptocurrency exchange application it had been reviewing. The exchange, which has been ordered to close down business and return customer funds, is determined to stay operational.
2019-1-17 08:25 | |
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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.
2019-1-16 08:25 | |
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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.
2019-1-16 08:25 | |
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This is the second instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him on Day 1 here. I woke up on Christian’s couch stiff-necked and cotton-mouthed.
2019-1-16 22:54 | |
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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 […]
2019-1-15 22:11 | |
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Malaysia’s finance minister has announced that the order to regulate cryptocurrencies and initial coin offerings as securities has come into force. Crypto service providers and exchanges are required to obtain authorization from the country’s Securities Commission, which will work with the central bank to ensure compliance.
2019-1-15 08:08 | |
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