India’s Supreme Court Ruling Is a Win for the Whole Blockchain Industry

2020-3-5 23:29

With India's Supreme Court overturning a ban on cryptocurrencies, the blockchain industry has a large new resource of customers and developers.

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India’s National Blockchain Strategy Draft Calls On RBI To Release A Central Bank Digital INR

The National Institute for Smart Governance (NISG), a non-profit body launched by the government of India, releases its draft strategy on blockchain and cryptocurrencies. According to the official draft, the government of India should work towards releasing a central bank digital currency (CBDC), and a governing body to regulate the blockchain industry. NISG drafts blockchain […]

2020-1-29 21:14


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India: National Blockchain Policy Stakeholders Emphasize the Importance of DLT Regulations

According to a report by The Economic Times published on January 28, 2020, India’s National Institute for Smart Governance (NSIG) – a public-private body promoted by the Central government and software industry lobbying group NASSCOM – has recommended that laws and regulations should cater to the functions performed by technologies such as blockchain and notRead MoreRead More.

2020-1-29 02:30


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Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court

India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still justifies the banking restrictions on the crypto industry.

2020-1-22 16:05


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Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today

India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still justifies the banking restrictions on the crypto industry.

2020-1-22 16:05


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Crypto vs RBI Case Heats Up at Indian Supreme Court as RBI Begins Arguments

India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still justifies the banking restrictions on the crypto industry.

2020-1-23 16:05


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What’s Going to Happen with Bitcoin in India in 2020?

Last year was pretty dismal for the bitcoin and crypto industry in India. Regulatory procrastination and a negative outlook from politicians have stifled the ecosystem and innovation, will 2020 be any better? BITCOIN BATTLING IN INDIA The Reserve Bank of India (RBI) has been relentless with its disapproval towards bitcoin and the crypto industry over the past couple of years.

2020-1-7 12:16


State Bank of India (SBI) Chairman Calls for Cryptocurrency Regulation in the Country

Government Controlled Bank, State Bank of India (SBI) Chairman, Rajnish Kumar, Calls For Regulation of Cryptocurrencies in the Country. Speaking in an interview, Kumar highlighted the need to set up regulations on the cryptocurrency industry instead of the blanket ban currently enforced in the country. As the chairman to one of the largest banks in […]

2019-10-24 19:34


Indian Tax Authority Sends Probing Questions to Crypto Owners – Experts Weigh In

As the Indian government deliberates on the country’s crypto policy, the tax authority continues to send out letters with lengthy, probing questions to crypto owners. News. Bitcoin. com talked to industry experts to find out the implications of these letters, what people can do when receiving them, and how crypto assets are taxed in India.

2019-8-7 09:35


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India: NASSCOM Condemns Government’s Intentions to Prohibit Bitcoin and Cryptocurrencies

The National Association of Software and Services Companies (NASSCOM), a non-profit trade association made up of firms in India’s information technology and business process outsourcing industry, has kicked against the government’s move to make bitcoin trading as well as transactions involving other blockchain-based digital assets illegal, reports LiveMint on July 30, 2019.

2019-7-31 11:00


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Bitcoin Still Legal In India; Crypto Regulation in Works

Bitcoin will remain legal in India while the government works on regulations, a minister has said in new positive comments on the fate of the industry. Finance Minister: Bitcoin Regulations Coming Responding to a request for clarity on the state’s view of cryptocurrency, Anurag Thakur, India’s Minister of State for Finance & Corporate Affairs, firmly denied any token was illegal.

2019-7-19 10:59


Cryptocurrency Regulation Petition Started in India by Bitcoin Community to Accelerate Changes

It is fairly well known that the crypto community in India has suffered a number of setbacks due to various government regulations that have stalled the industry and forced several companies to leave the country or wind-up operations due to the harshness of the regulatory climate. Some details of a new bill called the “Banning […]

2019-6-17 16:53


India: Nasscom pushes Reserve Bank of India to consider crypto, crypto-related assets in its regulatory sandbox framework

In April 2019, the Reserve Bank of India [RBI] had announced that it was working on ‘Draft Enabling Framework for Regulatory Sandbox’. This draft had excluded Cryptocurrency, Initial Coin Offering, credit registry, and other crypto-related assets and there had been rumors of the government of India banning crypto.

2019-5-17 20:30


Indian Central Bank Being Pushed to Include Crypto in its Regulatory Sandbox

NASSCOM: Including crypto would help RBI develop a better understanding of risks Payments Council of India says crypto should be a part of the sandbox as there is no outright bank  Technology industry lobby groups along with startup founders are asking the banking regulator, Reserve bank of India to include cryptocurrency in its proposed regulatory […]

2019-5-16 20:28