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India’s Leadership Accused of Involvement in ‘Mega Bitcoin Scam’

The Indian National Congress (INC) party, the largest political party in the nation, is accusing the ruling Bharatiya Janta Party (BJP) of money laundering through bitcoin. INC, more commonly known as the Congress Party, alleged Thursday that the BJP was converting “black money” into white using bitcoin in the western state of Gujurat, the English-language дальше »

2018-7-6 07:58


Supreme Court’s Decision on RBI’s Restrictions May Push Crypto Industry Towards a P2P Model

India’s top court just dealt a major blow to the cryptocurrency industry in the country. The nation’s crypto community was stunned when the Supreme Court refused to overturn the Reserve Bank of India’s (RBI) ban, which barred all financial institutions it regulates from dealing with cryptocurrencies. дальше »

2018-7-5 16:09


Coindelta Flux: Peer to Peer Cryptocurrency Trading Exchange Platform Launches

Shubham Yadav, Founder at coindelta.com, announced on July the 3rd Coindelta Flux, a peer-to-peer exchange platform. Coindelta aims to become the most preferred digital assets exchange in India. The number of virtual currencies available for trading has increased from 12 to 33, and the company organized five competitions in different markets. Deposits and withdrawals were […] дальше »

2018-7-5 22:37


Breaking: India’s Bitcoin [BTC] wallet app announces closure of all rupee services

Zebpay, India’s popular Bitcoin wallet provider, has announced the closure of all its rupee withdrawal and deposit options on July 4th, 2018. Zebpay’s tweet | Source: Twitter On July 3rd, the Supreme Court of India [SC] held the awaited hearing of Internet and Mobile Association of India [IAMAI] v/s Reserve Bank of India [RBI]. The […] дальше »

2018-7-5 21:39


South Asian Banking Ban dealine around the corner, causing Zebpay exchange to stop.

One of India’s largest exchanges Zebpay announced it was freezing Indian rupee deposits and withdrawals July 4, a day before a controversial bank ban on cryptocurrency businesses comes into effect. “INR deposits and withdrawals have been paused in the Zebpay app until banks allow us again,” an update to the original warning reads. On Tuesday, дальше »

2018-7-5 21:00


WazirX CEO Says “All Eyes on July 20 Now” After RBI Cryptocurrency Ban Supreme Court Decision

All eyes were on the Supreme Court of India as it judged the awaited hearing of Internet and Mobile Association of India (IMAI) vs Reserve Bank of India (RBI) on the decision about the decision that the RBI took to forbidden banks on providing services for cryptocurrency traders. According to the decision of the Supreme […] дальше »

2018-7-4 11:12


EU Regulators Urged Not To Ban Cryptos Despite Supreme Court of India’s ‘Surprise” Decision: Litecoin, EOS, IOTA, Stellar Lumens, Tron Technical Analysis

Perhaps the debate of the day hovers around the diverging polices between those in the EU and India. EU Research findings strongly endorse cryptos while India’s Supreme Court has reasons to bar crypto dealings and get behind RBI’s decision to label them illegal. дальше »

2018-7-4 03:02


Breaking: Supreme Court of India refuses to grant temporary stay against RBI’s cryptocurrency restriction

Today, on July 3rd, Supreme Court of India [SC] held the awaited hearing of Internet and Mobile Association of India v/s Reserve Bank of India [RBI]. As per the recent reports, SC has not granted a temporary stay and the effective date for banks to stop supporting cryptocurrency exchanges still stands the same, that is, July […] дальше »

2018-7-4 23:57


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Court Says India’s Crypto Trade Bank Account Boycott Will Continue

India’s highest court has declined to end a ban enacted by the national central bank that bars the country’s crypto exchanges from doing business with regulated financial firms. Bloomberg reported Tuesday that the Indian Supreme Court, led by Chief Justice Dipak Misra, said that the Reserve Bank of India’s (RBI) prohibition on providing services to crypto-related дальше »

2018-7-3 21:52


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Indian Supreme Court attended Crypto Petition but Upholds RBI Ban – Will get effective in 2 days.

Regulation The Indian Supreme Court heard one petition against the crypto banking ban by the country’s central bank today. Japan Confirms Entrance Into the Crypto Space No Stay Granted by Supreme Court The Supreme Court of India heard one petition against the crypto banking ban imposed by the Reserve Bank of India (RBI) on Tuesday, дальше »

2018-7-3 19:04


Unocoin’s official statement days before court hearing – India at the verge of make it or break it?

India’s leading exchange platform, Unocoin has released an official statement on its ‘Stance on RBI notice’. The exchange platform says that their banking relationships might be distorted on or before 5th July 2018 due to Reserve Bank of India [RBI]’s notification related to virtual currencies. дальше »

2018-7-1 15:49


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Ripple To Make Waves Within Indian Remittance Services

A new post on the Ripple website discusses how Ripple plan to enter the Indian remittance economy. Ripple recognise just how large scale remittance payments are in India, given that according to Ripple, over the past few years, India has been the largest receiver of remittance payments, in 2017 alone, $69 Billion flowed into India through remittance services. дальше »

2018-6-30 15:00