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‘Huge Demand in India’ Spurs Zebpay to Launch OTC Bitcoin Trading Desk
30.7.2020
Indian cryptocurrency exchange Zebpay is launching an OTC bitcoin trading desk. The exchange has shared the details with news.Bitcoin.com, stating that “There is huge demand” among bitcoin traders and arbitrageurs in India for OTC desk services. Zebpay Sees Huge Demand for OTC Crypto...
‘How to Buy Bitcoin in India’: Crypto Exchange Offers Rewards for Videos in All Indian Languages
15.7.2020
Indian cryptocurrency exchange Wazirx is offering rewards for videos about how to buy bitcoin or other cryptocurrencies in India in all Indian languages, including Hindi, Tamil, Gujarati, Marathi, Kannada, Bengali, and Telugu. News.Bitcoin.com caught up with Wazirx CEO Nischal Shetty to find...
India’s Crypto Trading Volume Soars Amid Economic Crisis
5.6.2020
Despite the economic crisis, cryptocurrency trading platforms in India are reporting record-breaking volumes and new users. “People in India are betting big on bitcoin,” Paxful’s CEO said. “The Indian market holds great potential and importance for the future of...
India to Significantly Increase Crypto Market Share This Year: Report
1.6.2020
India’s cryptocurrency market is set to gain significant market share this year, according to an industry report. The regulatory environment, the instability of the rupee, and remittances are key drivers that will send the Indian crypto industry soaring. Indian Crypto Sector Flourishing...
New Cryptocurrency Exchanges Launch in India as Businesses Seek Answers From RBI
8.5.2020
The Indian cryptocurrency industry has been growing rapidly despite the nationwide lockdown and the coronavirus crisis. Two new cryptocurrency trading platforms are launching in India while existing crypto businesses seek clarification from the central bank, the Reserve Bank of India (RBI)....
Indian Crypto Boom: Exchanges See 10X Trading Volumes During Lockdown
6.5.2020
India’s cryptocurrency sector is booming during the extended nationwide lockdown. Several Indian cryptocurrency exchange executives have shared with news.Bitcoin.com their record-breaking stats, bullish trends, and positive sentiment despite the coronavirus-driven lockdown. Growing Interest...
Facebook Buys Stake in Reliance Jio — How the Deal Affects Cryptocurrency in India
23.4.2020
Facebook is buying a stake in Reliance Jio, India’s largest telecom operator. The deal has boosted Reliance Industries’ share price and is welcomed by the Indian cryptocurrency community. Besides Facebook’s investment into Reliance Jio, Whatsapp has also entered into a partnership...
Nationwide Lockdown: Indian Cryptocurrency Exchanges See Signups and Trade Volumes Increase
3.4.2020
India is currently under a nationwide lockdown due to the coronavirus outbreak. News.Bitcoin.com talked to executives of local cryptocurrency exchanges to find out the impact of the lockdown on cryptocurrency trading. They revealed that more people are actually trading cryptocurrencies on their...
Indian State Ministry Discusses Cryptocurrency Plans With Founders of Crypto Bulls Roadshow
1.4.2020
An Indian state official recently met with the founders of the “India Crypto Bulls” initiative and discussed cryptocurrency development, investment, and innovation in India. News.Bitcoin.com talked to Kumar Gaurav, one of the founders, to find out more about the meeting. Also read:...
Indian Government Engages RBI to Discuss Cryptocurrency Regulation
21.3.2020
The government of India is reportedly discussing a regulatory framework for cryptocurrencies with the central bank, the Reserve Bank of India (RBI), and the Securities and Exchange Board of India (SEBI). Furthermore, the government is awaiting the outcome of another cryptocurrency case at...
Bitcoin Legal in India: Exchanges Resume INR Banking Service After Supreme Court Verdict Allows Cryptocurrency
5.3.2020
Indian cryptocurrency exchanges are bringing back banking support after the Supreme Court of India struck down the banking ban on the crypto industry. News.Bitcoin.com talked to several crypto exchange executives to find out the effects of the supreme court ruling and what their exchanges plan...
Binance Acquires Major Indian Exchange Wazirx – CEO Explains the Changes
21.11.2019
A major Indian cryptocurrency exchange, Wazirx, has been acquired by Binance. News.Bitcoin.com talked to Wazirx CEO Nischal Shetty to find out the implication of this acquisition and the changes users in India can expect. Meanwhile, the “India Wants Crypto” campaign to bring about...
Indian Cryptocurrency Exchange – Colodax Becomes Latest to List XRP, Reassuring RBI of Concerns
22.8.2019
Ripple’s token XRP recently got listed on Colodax, the Indian crypto-exchange. With no visible updates in its own price, the move has a set a viable standard for the Indian cryptocurrency market. The exchange portal now offers more than 10 trading entities namely, Bitcoin, Ripple, Stellar...
Complete Indian Draft Crypto Bill Leaked – Experts Weigh In
16.7.2019
A draft cryptocurrency bill for India has been leaked in full, but details of the bill have raised some questions. News.Bitcoin.com talked to a number of experts in the field who shared their analyses of the bill’s content and its implications on the Indian crypto industry. Also read:...
Koinex Exchange Shuts Down Ahead of Crypto Regulation
28.6.2019
Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies. Also read: Indian...
FATF Releases Global Standards for Crypto Assets
22.6.2019
The Financial Action Task Force adopted its new rules on crypto assets and published its updated Guidance on Virtual Assets and Virtual Asset Service Providers Friday. Under these new measures, crypto service providers will be required to implement the same requirements as traditional financial...
Indian Government Shed Light on Proposed Crypto Regulation
21.6.2019
Since leaked information regarding India’s cryptocurrency bill emerged, there have been constant discussions about what it entails. Four different government bodies have been asked about their involvement in the drafting of the bill. South Korea went through a similar situation, causing...
Indian Crypto Community Petitions Government for Regulation
16.6.2019
Following widespread reports of the upcoming Indian cryptocurrency bill, the crypto community has started a petition for the government to quickly implement a regulatory framework for cryptocurrencies. In addition, a television network operated by the Upper House of the Indian Parliament has aired...
Indian Government-Backed Program Offers Crypto and Blockchain Course
13.6.2019
An Indian government-initiated program is offering a course for undergraduates to learn about cryptocurrency, blockchains, and their use cases. This 12-week interactive course is free to enroll and learn from. Among the topics covered are Bitcoin basics and consensus. Meanwhile, India’s...
Indian Cryptocurrency Regulation Is Ready, Official Confirms
2.6.2019
Ahead of the G20 summit, India’s new finance secretary has confirmed that the report detailing the country’s crypto regulation is now ready. It will soon be submitted to the finance minister for approval. Since Arun Jaitley opted out of cabinet responsibilities, Prime Minister Narendra...