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Indian Authorities Arrest 4 Individuals Accused of Crypto Ponzi Scheme
5.7.2019
Indian authorities have arrested four people associated with KBC, a crypto allegedly at the center of a scam investment scheme
Modi Discussed Crypto Standards at G20 Summit – A Look at How They Apply to India
3.7.2019
India’s Prime Minister Narendra Modi participated in discussions on crypto assets at the G20 leaders’ summit in Osaka, Japan. At the conclusion of the summit, the leaders of the G20 countries jointly declared their commitment to applying the crypto standards set by the Financial Action...
Indian Drama Of Decentralized Currencies – Should Cryptocurrency Be Legalised In India?
30.6.2019
Cryptocurrencies, though in existence for over a decade, still haven’t picked up in India. Despite a reasonably active community, government restrictions have prevented it from being the wonder which it could be. Authorities are against it, enthusiasts want it, but do we really need it? Is...
Reserve Bank of India Developing Blockchain Banking Platform
28.6.2019
The Reserve Bank of India has announced that it is working on a blockchain platform for banking, which is scheduled to roll out some time within a year
Indian Banking Restriction And Regulatory Issues Crush Koinex Exchange To Shut Down
28.6.2019
As per the official website of Koinex, there are more than 1 million registered users of the exchange. The platform, by far, has executed 20,000 orders which are worth more than 3 Billion U.S. Dollars. Then what caused it to shut down amidst all the great success? The journey of Koinex crypto...
Brands In India Bet Big On Cricket World Cup Mania That Has Engulfed Nation
28.6.2019
As everyone knows, the biggest televised sporting events in the world almost always draw millions of dollars in advertising money from the biggest brands, and in that regard, the Cricket World Cup that is going in England right now is no exception. However, England or any other participating nation...
Indian E-Commerce Firm To Soon Use Electric Vehicles For Deliveries
28.6.2019
Over the past two decades, India has turned into one of the world’s most exciting tech hubs, and much of that is down to the rapid development of local companies which have gone on to become behemoths in their own right. One such example is that of e-commerce giant Flipkart, which had deployed...
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...
India: Another Crypto Exchange Closes Due to Regulatory Pressure
27.6.2019
Indian crypto exchange Koinex has ceased operations effective immediately, its co-founder has confirmed
Another Indian Crypto Exchange Shuts Down Blaming Banking Ban
27.6.2019
Regulatory uncertainty ushered in by India's central bank appears to have brought about the demise of the cryptocurrency exchange Koinex
Law As An Enabler For Blockchain Adoption In INDIA
26.6.2019
Officially endorsed by the Maharashtra Government, Trescon’s 11th edition of World Blockchain Summit assembled India’s key policymakers, government authorities, blockchain experts, enterprises, IT giants and startups to pave the way for India to be the next blockchain epicentre of the world....
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...
Libra Could Be Unbalanced by Indian Crypto Laws
20.6.2019
Facebook reportedly has not filed an application with the RBI, which seeks to ban cryptocurrencies
Facebook Has Not Applied for RBI Approval to Operate Libra in India: Report
20.6.2019
Facebook has reportedly not applied for approval in India for operating its upcoming cryptocurrency Libra project
Indian Startup Launches Crypto Trading Strategy Marketplace
19.6.2019
An Indian startup has launched a marketplace for algorithmic trading strategies. Investors can choose a strategy based on factors such as past performance, cryptocurrencies invested, and time frames. The platform also offers a drag-and-drop tool for traders to build their own strategies without...
Global Banking Giant HSBC Launches Tokenization-Based Receivables System for India
18.6.2019
The world’s 7th biggest bank, HSBC, uses tokenization tech in its account receivable infrastructure for corporate clients in India
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...
Skepticism as News of Secretive India Crypto Bill Breaks
13.6.2019
The Reserve Bank of India returned a request for information about a proposed crypto ban, which is allegedly making the rounds at the highest level of government
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...
Alleged India's Ban on Crypto May End Up With a Fine Instead of Jail
11.6.2019
The Indian draft bill “Banning of Cryptocurrency and Regulation of Official Digital Currency,” which aims to introduce up to 10 years jail term for cryptocurrency owners, may be softened, according to a new report by local media.
A “mild punishment” might be included in the draft bill for...