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Deutsche Bank: Cryptocurrencies Won’t Replace Cash ‘Anytime Soon’
27.1.2020
Cash is unlikely to disappear anytime soon despite the decline of its use as a payment method and the surge of digital currencies, Germany’s largest bank believes
Indian PM Awards Crypto App Creator as Supreme Court Deliberates on Ban
26.1.2020
Indian Prime Minister Narendra Modi has awarded a young crypto app creator Harshita Arora, with a prize recognizing her excellence in innovation
Indian Prime Minister Modi Awards Young Entrepreneur for Cryptocurrency App
26.1.2020
India’s Prime Minister Narendra Modi has awarded a young entrepreneur for her cryptocurrency price tracking application while the government is still deliberating on the country’s crypto policies. News.Bitcoin.com caught up with the award recipient to find out more about her app....
Week Two of RBI Vs. Crypto at the Supreme Court of India
24.1.2020
The historic case brought against the Reserve Bank of India’s ban on banks’ dealings with cryptocurrency businesses resumed this week at the country’s Supreme Court
Panic Withdrawals at Indian Bank Over Alarming KYC Notice
24.1.2020
Hundreds of customers went on a withdrawal spree after an Indian bank announced its revised KYC requirements. The bank’s action followed the decision by the Reserve Bank of India (RBI) to include the National Population Register letter as a valid KYC document for opening bank accounts....
Convergence India 2020 to Witness the ‘Next Level’ of Innovation in Digital Technologies
24.1.2020
• The 28th edition of the expo will be held on February 19 -21, 2020, at Pragati Maidan, New Delhi. • There will be a congregation of more than 25,000 trade visitors, 750+ exhibitors from 30 countries, 1,500 delegates, and over 200 speakers in 40 sessions. • Experience state-of-the-art capabilities...
Securities Regulator of India Bets on Blockchain
23.1.2020
The chairman of the Security and Exchange Board of India says that blockchain may bring a paradigm shift in the securities market landscape
Indian Supreme Court Warms Up to Crypto – RBI’s Arguments Not Convincing
23.1.2020
India’s supreme court heard the crypto case on Thursday, starting with the arguments by the counsel for the Reserve Bank of India (RBI). After pointing out that the RBI ban only hurts crypto businesses but does not stop crypto trading, the court explained that “being an honest...
Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies
23.1.2020
In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail...
RBI vs. Crypto: Supreme Court of India – January 23, 2020
23.1.2020
We at CryptoNewsZcom are set to resume our coverage of the RBI vs Crypto hearings at the Supreme Court of India! After 3 days of proceedings, the RBI counsel is likely to conclude his case today.
The post RBI vs. Crypto: Supreme Court of India – January 23, 2020 appeared first on CryptoNewsZ
India Central Bank Says It Hasn’t Banned Crypto
22.1.2020
The Reserve Bank of India (RBI) says it has not banned cryptocurrency usage — only the regulated avenues leading to it
Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today
22.1.2020
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...
RBI vs. Crypto: Day 3 at the Supreme Court of India
22.1.2020
Based on a directive circulated by the Reserve Bank of India (RBI), cryptocurrency has long been considered banned in India. Well, not anymore. In a surprising turn of events, on Day 2 of the hearing, the central bank responded to a writ petition filed by the Internet and Mobile Association...
RBI Confirms Crypto Not Banned in India
21.1.2020
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in...
India’s Central Bank Explains Why It Blocked Banks From Using Cryptos in Court Filing
21.1.2020
The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos
Indian Minister Inaugurates Blockchain Center of Excellence in Bengaluru
21.1.2020
A Centre of Excellence in Blockchain Technology has been inaugurated by Indian Union Minister Ravi Shankar Prasad in Bengaluru. It will facilitate various government departments in their blockchain work, leading to large scale deployment of blockchain applications. Also read: Regulatory Roundup:...
Indian IT Minister Requests Blockchain Solutions to Improve Government Schools
20.1.2020
India’s IT minister has called on the National Informatics Centre to develop blockchain based initiatives to improve public education
India Faces a New Hurdle: An Economic Slowdown
20.1.2020
As a majority of the world’s leading economies are anticipating a recession, India has not been spared. The Indian economy is also in shatters for the last few years. The recent Government estimates have indicated a growth rate at as low as 5% that is the weakest since 2009. Indian Government...
Crypto Fights for Freedom in India’s Supreme Court, Critics Cite Risk
19.1.2020
Indian judges presiding over the RBI v. Crypto case have repeatedly showcased their willingness to learn about digital currencies and blockchain-based tech
Crypto vs RBI: 3 Days of Intense Supreme Court Hearings
18.1.2020
India’s supreme court heard the crypto case in detail over three consecutive days this week. In addition to intense arguments against the central bank having the power to ban crypto, the judges learned how other countries regulate this new sector, the amended EU directive, the FATF guidance...