Why Bitcoin Bulls Are Betting on Explosive Growth in India

2020-7-2 10:30

Demand for bitcoin is up in India, thanks in part to the economic crisis. But Indian tech startups are more focused on Ethereum.

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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


It’s Already Too Late for India, Even if its Legalizes Bitcoin Exchanges

On March 30, less than 6 months since the shutdown of India’s largest bitcoin exchange Zebpay, one of the last remaining cryptocurrency exchanges in India, Coindelta, closed down its services. In an official statement, Shubham Yadav, the founder of Coindelta, wrote that there has not been enough progress in the process of overturning the decision of the Reserve Bank of India to prohibit local banks from dealing with bitcoin and crypto-related businesses.

2019-4-1 15:15


Why India’s Bitcoin ‘Ban’ Could Disappear after March 29 Hearing

Since July 2018, due to a circular released by the Reserve Bank of India (RBI) in April, local banks were prohibited from dealing with bitcoin and cryptocurrency exchanges by the central bank. Last month, the Supreme Court of India provided the government four weeks to draft a cryptocurrency regulatory framework, which would decide the legal landscape of the cryptocurrency market in India for the foreseeable future.

2019-3-26 08:30


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Research: Blockchain Technology to Create Disruption in Global Automotive Sector by 2021

Blockchain technology is primed to take over the automotive industry in the next three years. if senior executives in the sector are to be believed, reported Times of India on December 24, 2018. Blockchain to Augment Business Processes In a joint study conducted by the IBM Institute for Business Value and Oxford Economics, researchers concluded 64 percent of surveyed executives.

2018-12-26 16:00


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The Daily: Coinbase Adds Paypal Withdrawals, Gazprombank to Manage Crypto Assets

In this edition of The Daily, Coinbase customers in certain regions can now link their Paypal accounts to withdraw fiat and sell cryptocurrencies. Also, Russia’s third-largest bank is working to launch a digital asset management service in Switzerland, and Koinex, India’s leading crypto exchange, has set up a new development center in Bengaluru, the country’s […] The post The Daily: Coinbase Adds Paypal Withdrawals, Gazprombank to Manage Crypto Assets appeared first on Bitcoin News.

2018-12-7 17:15


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Study Reveals Number of Blockchain Developers in India Second only to the USA

A market analysis revealing the number blockchain developers worldwide has placed India in second place to the United States, beating the UK, Canada, and France. According to the results published and procured by UK-based blockchain consulting firm Dappros, it is estimated that there are a total of 12,509 developers in India who work with Ethereum (2,381), Solidity (1,432), Blockchain (19,627).

2018-11-20 18:00


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


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India’s national disaster authority hacked to promote Bitcoin scams on Twitter

The cryptocurrency market is going through a rough patch, but this isn’t stopping scammers from duping people out of their funds. Hackers took over the official Twitter account of India’s National Disaster Management Authority (NDMA) to promote blatant Bitcoin giveaway scams – a trend that’s been plaguing social media for months now.

2018-11-6 12:47