Will India Legalize Crypto? Indian Government Has 4 Weeks to Decide

2019-3-1 09:55

The Indian government has long been indecisive about regulation with respect to the cryptocurrency industry. In April of last… The post Will India Legalize Crypto? Indian Government Has 4 Weeks to Decide appeared first on Invest In Blockchain.

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Источник: investinblockchain.com

government indian → Результатов: 126

Indian Government Breaks Silence on Crypto Regulation

The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the upper house of the Parliament of India.

2019-7-19 10:05
government indian crypto regulation breaks silence recommended

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11 Crypto Initiatives Indian Government Has Taken

The Indian government has engaged in numerous crypto-related initiatives and projects while actively drafting the regulatory framework for cryptocurrencies. Below are 11 crypto-specific initiatives that the government has been involved in.

2019-5-2 14:28	Virtual Currency
government indian crypto initiatives committee taken draft

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11 Cryptocurrency Initiatives Indian Government Has Taken

2019-5-1 14:28	Virtual Currency
government indian initiatives crypto committee cryptocurrency taken

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Indian Government Mulling Blanket Ban on Cryptocurrencies

The government of India has drafted a bill to completely ban cryptocurrencies and regulate official digital currencies, reports The Economic Times, April 26, 2019. Things Go from Bad to Worse Since its inception, the growth of the Indian cryptocurrency ecosystem has been continually stalled due to government and Reserve Bank of India (RBI) diktats.

2019-4-26 19:00	Regulations
government indian cryptocurrency india ban cryptocurrencies reserve

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Indian Government Progressing on Crypto Regulation Amid Ban Rumor

The Indian government has been progressing on cryptocurrency regulation. A recent report from the Ministry of Finance confirms some recommendations. Meanwhile, local media reported Friday that a draft bill on the regulatory framework for cryptocurrencies is being circulated among relevant government departments.

2019-4-26 11:30	Virtual Currency
government indian regulation crypto progressing ministry rumor

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Indian Crypto Community Rallies to Influence Government’s Decision on Cryptocurrency Regulation

In March 2019, cryptocurrency enthusiasts and experts across India will make their voices heard at a nationwide roadshow. They intend to draw up a joint report which will be handed to the Indian government in lieu of the upcoming release of a crypto regulation framework.

2019-3-1 13:58
government indian cryptocurrency regulation crypto decision community

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Bitcoin a ‘Major Concern’ for the Indian Government, if Used for Payments: Report

India has long been a nation that has taken a hardline stance towards cryptocurrencies. The risks associated with digital currencies such as money laundering and terrorism funding have long fueled the Indian government’s approach to dealing with digital assets.

2019-2-10 12:15	India
government indian cryptocurrency india major digital bitcoin

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Indian Government Expects to Finalize Crypto Bill Next Month

The Indian government has reportedly filed an affidavit with the country’s supreme court detailing its progress on cryptocurrency regulations. “Serious efforts are going on” to prepare the draft crypto bill and report, the government explained.

2018-11-21 04:05	Virtual Currency
government indian month next crypto bill expects

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Pornhub dodges India’s porn site ban with new domain name

Last week, the Indian government directed telcos to block 827 porn sites, including Pornhub – one of the biggest adult content sites. In response, Pornhub has launched a new website specifically for its Indian users, pornhub.

2018-10-29 14:55	India
government indian content india porn adult privately

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The Indian Government Will Create Its Own Cryptocurrency After Banning All Other Cryptos In The Country

Not long ago, the Indian Reserve Bank (RBI) was doing everything within its power to kick cryptocurrencies out of the country, but it seems that the government may have had some tricks up its sleeve to add to that move.

2018-10-10 20:24	India
government indian country own cryptocurrency cryptos banning

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Indian government gives nod to crypto currency as legal tender

Regulation The law commission established by the order of the Indian government has issued a report recognizing cryptocurrency as a means of payment. This is reportedly the first time that a body appointed by the government admitted cryptocurrencies have value and can be used in transactions.

2018-7-27 18:57
government indian crypto body value appointed admitted

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Indian Government-Appointed Commission Recognizes Crypto as Means of Payment

The law commission established by the order of the Indian government has issued a report recognizing cryptocurrency as a means of payment. This is reportedly the first time that a body appointed by the government admitted cryptocurrencies have value and can be used in transactions.

2018-7-27 16:15	Virtual Currency
commission government-appointed indian means payment crypto recognizes

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Indian State of Telangana to Sign MoUs With Blockchain Firms, Streamline Gov’t Services

The Indian state of Telangana will sign MoUs with blockchain-focused firms to roll out DLT-powered government services

2018-7-27 07:28	Adoption
mous indian services sign firms state telangana

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Indian Lawyer Files Right To Information (RTI) Form Against RBI Crypto Ban

India continues to create controversy within their ever-evolving cryptocurrency field. As the government scrambles to decide how it will respond to both the significant profits and the prominent violations native to the country’s massive participation in the crypto Initial Coin Offering (ICO) markets, it has become important for citizens and lawyers alike to become more […]

2018-7-26 16:47	News
crypto participation massive coin country native profits

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Authorities In India Admit They Recognise Bitcoin As A Legitimate Currency

As we should all know by now, cryptocurrency in India is taking a bit of a hit. With the Reserve Bank of India (RBI) ruling against it and the supreme court looking likely to do the same thing, by the end of September cryptocurrency could seriously hit a dead-end in the country.

2018-7-26 16:30	Breaking News
india should currency cryptocurrency legitimate recognise admit

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LCI Calls for Indian Government to Recognize Cryptocurrencies as a Legal Means for Electronic Payments

India continues to be a hotbed of controversy and confusion regarding all things cryptocurrency. The country has historically served as one of the most anti-cryptocurrency regions in the world, having put an outright ban on banks having any relationship with cryptocurrency exchanges earlier this month.

2018-7-26 00:22	Cryptocurrency News
payments having lci cryptocurrency electronic recognize means

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Indian Crypto Regulation is ready by September: officially

News The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. This announcement is independent of the supreme court’s hearing of petitions relating to crypto regulation in India.

2018-7-23 19:41
september indian crypto regulation expected government court

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Indian Crypto Regulation Ready by September: Official

The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. Consultations with all stakeholders including the central bank have already begun.

2018-7-23 17:35	Virtual Currency
official crypto september indian regulation ready petitions

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Indian Central Bank Makes a Case Before Supreme Court Against Allowing Crypto Use

India’s central bank told the country’s supreme court on Friday that “allowing dealings in cryptocurrencies like bitcoin would encourage illegal transactions. ” Other crypto petitions being heard include one asking the government to “take emergency steps to restrain the sale and purchase of illegal cryptocurrencies.

2018-7-22 02:34	Virtual Currency
crypto allowing central bank court supreme bitcoin

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Indian Authorities Turn to Blockchain Technology to Eliminate Corruption

Indian authorities are planning on utilizing blockchain technology to combat cases of corruption and property fraud. Amaravati city farmers and local landowners are worried that corruption is in play in the state’s land-pooling process as some have yet to receive compensation from the government for their bartered assets.

2018-7-21 14:59	News
corruption blockchain authorities indian technology local turn

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Bankers & Politicians

Today is the day. Out of all the meetups, conferences, and hearings that we’ve seen regarding the future of money over the last year, IMHO none are as critical as the decision expected from India’s supreme court today.

2018-7-21 05:00	etoro
bankers regarding today politicians bitcoin cryptocurrencies banking

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India says ‘yes’ to net neutrality

It’s official: at long last, the Indian government has approved net neutrality to ensure that all web traffic is treated fairly, and that internet service providers won’t block, throttle, or favor any content or services (with a few reasonable exceptions).

2018-7-12 08:45	India
india telecom neutrality internet favor web trai

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Report: India May Not Ban Cryptocurrencies, But Treat Them as Commodities

An anonymous source in the government told news outlet Quartz that the Indian government is not planning to ban crypto, but rather will treat it as commodity

2018-7-12 04:22	Reserve Bank of India
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Ripple (XRP) Estimates 50% Market Share in India Despite Crypto Crackdown

Ripple (XRP)–Ripple, the parent company behind the third largest cryptocurrency by market capitalization XRP, has proposed an estimate that the currency holds roughly 50% of the market share in India.

2018-7-11 23:04	xrp price
market ripple xrp despite crackdown india share

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Indian Government Not Considering Total Cryptocurrency Prohibition

India is once again in the cryptocurrency news as recent reports indicate the government has no intention of banning virtual currencies. It has always been difficult to get a definitive stance from the government concerning the emerging market.

2018-7-11 22:05	Reserve Bank of India
government cryptocurrency indian considering prohibition total any

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India Not Looking to Ban Cryptocurrencies, Official Says

An official from the Indian government speaking on the condition of anonymity reveals plans that the country may have in the future with regards to cryptocurrencies.

2018-7-11 15:20	News
cryptocurrencies official country plans anonymity reveals regards

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India’s ‘Bitcoin [BTC] mega scam’: Opposition alleges top government official involved

Indian National Congress, the opposition party of India has allegedly accused a top official from the Bharatiya Janata Party [BJP], the ruling government of participating in an INR 5 crore ‘Bitcoin scam’.

2018-7-7 11:09	News
congress indian india allegedly official party opposition

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Indian Banks Banned from Participating in Cryptocurrency-Related Transactions

Today marks the official deadline by which Indian banks have to end any relationship with cryptocurrency exchanges. India’s federal government has had some of the harshest regulatory legislation aimed at cryptocurrencies of any country to date.

2018-7-6 01:52	Cryptocurrency News
banks transactions indian any participating banned cryptocurrency-related

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Examining the Indian Government’s Fight Against Cryptocurrency

The Reserve Bank of India’s cryptocurrency ban comes into effect tomorrow (July 6, 2018). Once one of the thriving centers of cryptocurrency commerce, the ban is most likely going to decimate India’s virtual currency economy.

2018-7-5 23:00	Reserve Bank of India
cryptocurrency india indian government examining ban against

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India to Trial Blockchain for Fertilizer Subsidy Management

India is undertaking research into the possible use of blockchain technology in the management of fertilizer subsidies. The venture will bring together the country’s think tank, NITI Aayog, and one of the country’s largest chemical manufacturers, Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC).

2018-7-5 02:00	India
blockchain india technology management country fertilizer narmada

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Indian government to launch regulatory framework for crypto by July

In a recent interview with Indian news outlet ET Now, Subhash Chandra Garg, the head of the recently formed government run crypto panel, said that he and his team are close to announcing a regulatory framework for the use and trade of cryptocurrency in India.

2018-6-24 18:09	Regulations
indian government crypto framework regulatory use july

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Indian Exchange ZebPay Stops Allowing Rupee Withdrawals; Broader Indian Crypto Ecosystem Under Pressure

One of the largest crypto exchanges in India, ZebPay, announced that as of June 22, it could be stopping all withdrawals to fiat in Indian Rupee from its platform. This comes on the back of an April 5 declaration by the Indian government that all banks must stop acting as intermediaries between exchanges and their […] Indian Exchange ZebPay Stops Allowing Rupee Withdrawals; Broader Indian Crypto Ecosystem Under Pressure was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-6-23 14:28	trading
indian withdrawals crypto rupee zebpay allowing all

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Despite National Uncertainty, Indian Government Establish New Project ‘IndiaChain’

Cryptocurrency and Blockchain Technology are two words you probably want to avoid saying in India, especially if you’re near a bank. Not too long ago, the Reserve Bank of India essentially established a ban on any cryptocurrency engagement.

2018-6-21 23:00	Cryptocoins
government national india blockchain new whilst established

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Indian Government Gets Ready for National Blockchain Project

The National Institution for Transforming India laid out a plan to release an ambitious national blockchain project called IndiaChain.

2018-6-21 21:26	News
national project blockchain release plan called out

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South Indian State of Kerala Uses Blockchian Technology in Food Supply and Distribution

The government of the South Indian state of Kerala will use blockchain for food supply and distribution, local news outlet Business Standard reported June 17. Chairman of K-DISC, KM Abraham, told Business Standard that each component of the supply network would have a separate ID number, through which its source, production, quality, and distribution could

2018-6-19 23:19	Walmart
supply distribution business food south standard kerala

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South Indian State of Kerala to Use Blockchain Tech in Food Supply, Distribution

The government of the South Indian state of Kerala will use a blockchain system to improve the supply and distribution of dairy produce, vegetables and fish

2018-6-19 19:22
south distribution blockchain supply state use indian

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India's Central Bank Admits to Banning Crypto Accounts Without Research

]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work.

2018-6-13 23:40	Regulation
bank ban india rbi businesses crypto new

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India ‘Not in Favor’ of Banning Cryptocurrency (Reports)

The Indian government is reportedly “not in favor” of banning cryptocurrency, new sources claim June 13. Gov’t vs. Central Bank Citing local financial company Cogencis, local news media outlet Economic Times said a dedicated panel studying cryptocurrency “may suggest allowing cryptocurrency,” but with undisclosed “riders” – or provisos – about its usage.

2018-6-13 16:00	Reserve Bank of India
cryptocurrency india banning favor bank local central

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The Indian central bank governor views stablecoins as a risk to government sovereignty over the monetary system. Speaking at the G30 39th Annual International Banking Seminar held in Washington DC, Reserve Bank of India governor Shaktikanta Das said he has…

Is India planning to ban cryptocurrency?

India is on the brink of a pivotal decision regarding cryptocurrencies as the government deliberates a potential ban on private digital currencies. The focus is now shifting towards the development of a Central Bank Digital Currency (CBDC) – the digital rupee.

India weighs crypto ban as it pushes for digital rupee adoption

Regulators in India are considering banning cryptocurrencies like Bitcoin and Ether and are instead, promoting the use of the digital rupee. On Oct. 22, local media outlet the Hindustan Times cited two officials familiar with the matter who claimed that…

RBI governor touts CBDC to enhance cross-border payments and safeguard against crypto risks

India has the potential to facilitate efficient cross-border payments using Central Bank Digital Currency according to the Reserve Bank of India governor Shaktikanta Das. According to a local report, during his keynote address at the conference on Central Banking at…

Thousands of Indians trapped in Southeast Asia’s crypto fraud rings

Indians are being lured with fake job offers promising high salaries, only to be trapped in Southeast Asia’s cyber slavery and cryptocurrency fraud rings. According to reports from local media, tens of thousands of Indian nationals are trapped as cyber…

Binance helps Indian authorities trace $4.76m in Fiewin gaming scam

Leading cryptocurrency exchange, Binance, says it has helped India’s Enforcement Directorate recover $47. 6 million in losses suffered by victims of a gaming scam involving the online gaming platform Fiewin.

YouTube Page of India's Supreme Court Hacked to Promote XRP

The channel streams hearings of notable court cases but temporarily showed promotional videos of XRP and Ripple Labs before being taken down.

2019-3-1 09:55

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