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Bitcoin ATM Boom, OKEx's Lightning, India's Blockchain Plan + More News
2.2.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
CoinFlip, a major US-based Bitcoin ATM operator, said it grew its network from 441 ATMs in January 2020 to over 1,400...
India Minister Suggests Modi Government Not Planning Outright Crypto Ban
2.2.2021
A recent bulletin from India's lower house had once more raised fears of an total cryptocurrency ban
Indian Government Clarifies Position on Cryptocurrency and Digital Rupee
2.2.2021
The Indian government has clarified its position on cryptocurrency and the country’s digital currency in answers provided by the Ministry of Finance in Rajya Sabha, the upper house of India’s parliament. The Indian crypto industry sees this clarification as positive news and that...
India's Budget Proposed Today But No Word On Banning Crypto (Yet)
1.2.2021
India's budgets session has started, but so far there seems to be no word on the much-discussed crypto ban.
India's Finance Minister Nirmala Sitharaman has presented Union Budget 2021-22 today, as was confirmed by the Ministry of Finance's website. The Ministry offers the text of Sitharaman's...
Indian government looking to crack down on crypto scams with proposed ban: Cashaa CEO
31.1.2021
Kumar Gaurav said "there is no way any government" can outright ban crypto given its nature as a global and decentralized system
India’s Proposed Ban of ‘Private’ Cryptos Has Many of the Nation’s Investors Nervous
30.1.2021
The move is bound to make potential and current crypto investors outside the country uneasy as well
Indian Parliament to Consider Bill That Creates Digital Rupee While Banning Cryptocurrencies in Current Session
30.1.2021
The Indian government has finally moved forward with a cryptocurrency bill. Entitled “The Cryptocurrency and Regulation of Official Digital Currency Bill 2021,” the bill has been listed for consideration in the current parliamentary session of Lok Sabha, the lower house of India’s...
All Over the World, Small Investors Jump Into the GameStop Frenzy
29.1.2021
The world is watching U.S. markets with great interest, and more than a little FOMO, as Reddit investors continue to test their might against Wall Street. It all started when retail investors on the Reddit community wallstreetbets began pumping the price of U.S. video game retailer GameStop’s (GME)...
India Would Ban Private Cryptocurrencies Under Proposed Legislation
29.1.2021
A ban on cryptocurrency had been in effect for almost two years before it was overturned by the Supreme Court in March 2020
Indian Central Bank Sees Cryptocurrencies Gaining Popularity, Exploring Digital Rupee
26.1.2021
India’s central bank, the Reserve Bank of India (RBI), has published a booklet with a section about cryptocurrency and the digital rupee. The central bank acknowledged that cryptocurrencies have gained popularity in recent years and confirmed that it is exploring the need for a central bank...
Reserve Bank of India 'exploring the possibility' of a digital currency
25.1.2021
The bank still claimed that government bodies and regulators in India are both “skeptical” and “apprehensive” about crypto
Blockchain-aided voting trials to begin in India
25.1.2021
Blockchain technology could provide the security needed to expand national voting beyond provincial borders
Breach at Indian exchange BuyUCoin allegedly exposes 325K users’ personal data
24.1.2021
BuyUCoin initially denied the reports of a data breach, but added that all user funds are safe
Microsoft, India’s Tanla Launch Encrypted Messaging Infrastructure Built With Blockchain
21.1.2021
The edge-to-edge encrypted platform is built on Microsoft Azure and accessible by clients via an API
India’s Largest Crypto Exchange Launches User-Friendly App, Eyes 50M New Users
19.1.2021
Aimed to appeal to crypto newcomers, CoinDCX Go allows users to trade smaller denominations of 14 of the industry's top assets
India Seizes Bitcoins Worth $1.2 Million From Hacker of Government Website and Crypto Exchanges
17.1.2021
Indian police have seized $1.2 million in bitcoin from a hacker who allegedly hacked a government website, online game portals, and cryptocurrency exchanges. He was previously arrested for stealing $1.5 million from an Indian state government. Indian Police Seize Bitcoins From Hacker The Bengaluru...
MahaDAO’s Algorithmic ‘Valuecoin’ Goes Live on Ethereum
15.1.2021
ARTH tries to maintain its value over time compared to other stablecoins that lose value as the dollar is inflated
Bitcoin Worth $1.2M Seized From India Hacker
15.1.2021
"Shreeki" allegedly hacked government portals, bitcoin exchanges and poker sites
Indian Doctors Warn of Illegal Covid-19 Vaccine Sales for Bitcoin: Citizens Urged to Wait for Government Approved Vaccine
14.1.2021
Indian doctors have warned that the sale of unauthorized Covid-19 vaccines on the black market, where vendors ask for bitcoin as payment, is illegal. According to the doctors, the unsanctioned marketing of the vaccine to the elite is prevalent in the state of Karnataka. Some doctors say the Indian...
Lawsuit Filed to Stop a Global Cryptocurrency Scam Spreading in India
13.1.2021
A class-action lawsuit has reportedly been filed against a cryptocurrency scam that has duped many Indian investors. The scam, promoted in three Indian languages, lures investors by promising up to 900% return on investments. The Delhi court has directed a notice to be placed in major newspapers...