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WazirX CEO Calls for Crypto in India; Explains “Bitcoin for a Common Man”
19.11.2019
Indian crypto exchange WazirX CEO, Nischal Shetty, in conversation with Sumit Jain, Co-founder of Commonfloor, at the OpenTalk platform explained why crypto is important for the common man in India. When asked his views on “Bitcoin for a common man”, he stated that the entire ethos of the internet...
Indian Supreme Court Wraps up Crypto Hearing for the Year
19.11.2019
The Supreme Court of India called on for hearing on Monday the writ petitions challenging the banking restriction by the Reserve Bank of India (RBI). After hearing from the RBI’s counsel, the court wrapped up the case for the year. Its decision follows Lok Sabha, the lower house of the Indian...
BlockShow Asia, Bitcoin Crash Warning, India Delays Crypto Ban: Hodler’s Digest, Nov. 11–17
17.11.2019
In this week’s Hodler’s Digest, India delays its controversial crypto ban, Binance’s CZ speaks out and an expert warns Bitcoin may “crash to zero”
Cryptocurrency Regulation: An Indian Perspective
16.11.2019
Can we find a safe playground for cryptocurrency innovation amidst regulation? A view of cryptocurrency regulation from an Indian perspective
India Eyes Cryptos to Benefit from its Potential
16.11.2019
Indian investors may get an interesting option to fetch healthy returns within a few years as the country may see the dawn of cryptocurrencies in the region. However, the fastest growing economy is yet to open the doors for digital coins and has not given any such sign. Despite the current negative...
Indian Parliament Will Not Consider Total Crypto Ban in Winter Session
15.11.2019
The Indian government will not discuss its draft bill on a proposed total ban on crypto in the winter session of Parliament, as was previously planned
Indian Government Delays Introducing Cryptocurrency Bill
15.11.2019
The Indian government previously told the supreme court that the country’s cryptocurrency bill may be introduced in the Winter session of parliament. However, the crypto bill is not included in the agenda published by Lok Sabha, the lower house of India’s parliament. This gives...
Brazil, Russia, India, China and South Africa Have a ‘Crypto’ Plan
15.11.2019
Source: iStock/Gil-Design
The BRICS Business Council has discussed the possibility of creating a single 'cryptocurrency' to facilitate settlements between member countries, after Russia’s sovereign wealth fund put forward a proposal.
The BRICS nations – Brazil, Russia, India, China and South Africa...
BRICS Nations Discuss Creation of New Crypto For Unified Payment System
15.11.2019
BRICS member nations discussed the creation of new crypto at recent summit
Power Ledger Completes Peer-to-Peer Solar Energy Trading Trial in India
14.11.2019
Power Ledger and BSES Rajdhani Power Limited, a major Indian power utility, have jointly conducted a P2P renewable power trading trial in the country
Indian Government Programs Add New Crypto Courses
14.11.2019
The Indian government has added new educational courses teaching cryptocurrency and blockchain technology to the public and law enforcement officers. Amid regulatory uncertainty and banking restrictions, cryptocurrency and blockchain technology remain important topics of study in India. Also read:...
Corrupt CBI Officer Booked for Extorting Vigilante Bitcoiner
10.11.2019
India’s Central Bureau of Investigation (CBI) has reportedly booked its own officer in an extortion case involving bitcoin. The target was a man who previously fell victim to the Bitconnect scam and allegedly resorted to extreme measures to recoup his money. Also read: China Now Censors...
WazirX CEO Nischal Shetty Urges Indian Government to Lend Support for Crypto Industry
8.11.2019
Where on the one hand the world is progressing towards the adoption of digital currencies as the promising tools for lubricating finance and trade, the Indian subcontinent has somehow restrained itself from exploring the arena. The strict restrictions imposed by the topmost banking authority...
Reserve Bank of India (RBI) Eases Refinancing Limits on Selected Borrowers
8.11.2019
In a development that should come as a major boost for Indian banks that operate overseas, the Indian central bank RBI eased restrictions with regards to refinancing certain loans. According to the policies that are going to go into effect in December this year, foreign branches of Indian banks...
Bithumb on the Lookout for Partnering Opportunities in India
7.11.2019
Bithumb Global, South Korea based cryptocurrency exchange, is looking to build a legislated exchange for cryptocurrencies in India. The firm will reportedly talk terms with Indian regulators to initiate the operations for the exchange. The firm is anticipated to be on the lookout for expansion...
Blockchain Can Boost Economic Growth in Emerging Economies: Ex RBI Governor Raghuram Rajan
7.11.2019
Former eminent governor of Reserve Bank of India, Dr. Raghuram Rajan, said here on Thursday that technology such as blockchain and digital assets can play a significant role in boosting economic growth, raising financial inclusion, and transforming businesses in emerging economies all across...
India’s Largest Crypto Exchange CoinDCX Organizes Get Together Event for Crypto Leaders
7.11.2019
CoinDCX, which takes pride in being the largest cryptocurrency trading platform of the Indian subcontinent recently, came into news for organizing the ‘first-of-its-kind’ private crypto dinner on Saturday in one of the best and premium-class venues of the country, The Lalit. The event was graced...
190 Indian Bank Locations Raided in Massive Fraud Crackdown
6.11.2019
India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year. Also read: State...
SBI Chief Commented on Regulating Cryptocurrencies and the Long-debated Ban
6.11.2019
Reportedly, in a recent interview following the meeting of the World Banks and the International Monetary Fund (IMF) in Washington, D.C, the Chairman of State Bank of India (SBI), Rajnish Kumar, has expressed optimism for the regulation of cryptocurrency in India. It came as a relief to...
Bitcoin Ban Means India Will Get More Corrupt Under Modi — Tim Draper
5.11.2019
India “going back to old ways” with crypto ban, says Draper