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Open Letter to India's Finance Minister on Crypto Sector Potential
31.1.2020
Sumit Gupta is the CEO of cryptocurrency trading platform CoinDCX, which Gupta co-founded in early 2018.
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An Open Letter to the Finance Minister of India, Nirmala Sitharaman, on the Potential of India’s Cryptocurrency Sector and the Benefits it Presents to the Indian Economy
Dear...
Google Executive From India Joins Coinbase as Chief Product Officer
31.1.2020
A Google executive from India has joined Coinbase as the new chief product officer after 11 years at Google. He aims to help Coinbase make cryptocurrency mainstream. “I am excited about what crypto and blockchain technology can do to democratize our financial systems,” the executive...
Crypto Exchange Zebpay Announces Relaunch in India Ahead of Supreme Court Decision on RBI Ban
30.1.2020
Zebpay is returning to India more than a year after closing down local crypto exchange operations due to the banking ban imposed by the central bank, the Reserve Bank of India (RBI). Under a new leadership team, the exchange has also revealed a number of upcoming new services, including...
Key Highlights of India’s National Strategy on Blockchain
30.1.2020
The blockchain technology adoption is on the rise globally. Most of the countries across the world are realizing the benefits of the open ledger and applying the technology to accomplish a number of tasks in different domains. India, one of the fastest-growing economies in the world, has also...
WazirX CEO: India’s Crypto Community Thrives Despite Banking Restrictions
30.1.2020
WazirX CEO and founder, Nischal Shetty, applauded India’s Crypto community for continuing to grow and innovate through peer-to-peer transactions despite crypto-related banking restrictions in the nation. Sharing a video from Crypto Kanoon (@cryptokanoon), a platform that provided live coverage...
India Unveils National Blockchain Strategy, Calling on RBI to Issue Digital Currency
29.1.2020
India’s National Strategy on Blockchain has been published. It recommends, among other things, for the Reserve Bank of India (RBI) to issue a central bank digital currency. The Ministry of Electronics and Information Technology tasked the National Institute for Smart Government with drafting...
CoinDCX CEO Sumit Gupta Reflects on Crypto Ban in India
29.1.2020
The RBI vs. Crypto hearings at the Supreme Court of India drew to an end after heated arguments and a judgment is anticipated to be declared soon. Ashim Sood, counsel for IAMAI, and Nakul Dewan, counsel representing crypto exchanges CoinDCX, Koinex, Throughbit, and CoinDelta, presented a strong...
Draft of India’s National DLT Strategy Calls for State-Run Digital Rupee
28.1.2020
A draft of an Indian national blockchain strategy suggests the development of a digital rupee on a permission public blockchain
Hearing Concluded: Indian Supreme Court Deliberates on Crypto vs RBI Case
28.1.2020
The Indian supreme court has finished hearing the crypto vs. Reserve Bank of India (RBI) case. The hearing concluded on Tuesday with the counsel for the Internet and Mobile Association of India wrapping up his arguments, followed by arguments by the counsel representing crypto exchanges. The court...
RBI vs. Crypto: Supreme Court of India – January 28, 2020
28.1.2020
IAMAI’s public interest litigation to freely allow crypto activity in India has gained much traction amongst the crypto community. Last week, we saw counsel for RBI, Mr Shyam Dewan and counsel for IAMAI, Mr Ashim Sood, present their cases to a panel of three judges. While Dewan defended RBI’s...
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.
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