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After United States, India May Ban MacBook Pro from Flights in Country
26.8.2019
One thing that airline regulators take very seriously is anything that could even remotely put a flight in danger and usually, they move swiftly to tackle the source of the problem. Earlier this year it emerged that Apple had decided to replace the batteries in MacBook Pro laptops that had been...
India Facing ‘Unprecedented’ Economic Slowdown, Extraordinary Steps Urged
26.8.2019
Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which...
Amazon Set to Pick Up 49% Stake in Future Coupons and Minority Holding in Future Retail
23.8.2019
As far as e-commerce is concerned Amazon is at a different level altogether, and over the years, the company has aggressively expanded in new markets across the world. However, after it lost the battle in China to Alibaba, Amazon set its eyes on India and has spent billions of dollars in its quest...
The Push to Kill Cash – Australia’s Proposed Ban Shows It’s Not Conspiracy Theory
23.8.2019
The supposed coordination of governments and tech companies to create a one-world, cashless society is often viewed as little more than fodder for silly Youtube conspiracy videos. After all, cash is still king in daily life, even in extremely high-tech, innovative societies like Japan. Upon closer...
Indian Cryptocurrency Exchange – Colodax Becomes Latest to List XRP, Reassuring RBI of Concerns
22.8.2019
Ripple’s token XRP recently got listed on Colodax, the Indian crypto-exchange. With no visible updates in its own price, the move has a set a viable standard for the Indian cryptocurrency market. The exchange portal now offers more than 10 trading entities namely, Bitcoin, Ripple, Stellar...
E-Commerce Giant Amazon Opens Its Biggest Campus in Hyderabad
22.8.2019
Amazon started more than two decades ago as an online bookstore but over the years the company managed to turn the e-commerce industry on its head to become one of the most valuable companies in the world. Nowadays it does billion of dollars in business and has huge operations all across the world....
Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set
21.8.2019
After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume...
India: Supreme Court Gives Central Bank 2 Weeks to Justify Crypto Ban
21.8.2019
India’s supreme court chastises central bank over crypto ban
RBI Defends Its Power Over Crypto in Indian Supreme Court
20.8.2019
The Indian supreme court heard the case against the crypto banking restriction by the Reserve Bank of India (RBI) in detail Tuesday. After many arguments challenging the RBI’s power over crypto were presented, the counsel for the central bank began making the case against cryptocurrency. Also...
Indian State of Maharashtra to Use Blockchain in Various Spheres
19.8.2019
The second major Indian state, Maharashtra is preparing a regulatory framework for analyzing blockchain technology for various spheres. As per the reports published by DNA on 19th August, the government of Maharashtra has decided to explore the blockchain technology for multiple fields. As per...
IAMAI Slams RBI for Banning Crypto in India, Says Central Bank has no Such Authority
17.8.2019
IAMAI or Internet and Mobile Association of India has slammed the move by the Reserve Bank of India (RBI) of releasing the circular directing banks to stop serving crypto companies, which literally killed many of them in the country. While arguing in the Supreme Court, the IAMAI counsel Ashim Sood...
Central Banks Worldwide Testing Their Own Digital Currencies
15.8.2019
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....
RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court Today
14.8.2019
The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country...
India’s Reliance Jio Announces 10 Year Partnership with Microsoft Azure
14.8.2019
It is a well-known fact that cloud computing services now power some of the world’s biggest companies, and over the years, the importance of cloud service companies is only going to rise exponentially. In that regard, Microsoft has come up by leaps and bounds with its cloud service known...
Indian Telecom Jio Reveals Blockchain Network for 330 Million Customers
12.8.2019
India’s Jio reveals plans for one of the world's largest blockchain networks
Hodler’s Digest, Aug. 5–11: Naughty North Korea, India’s Bombshell, LTC Flops
11.8.2019
In this week’s Hodler’s Digest, Litecoin’s halving fails to boost prices — and the scale of North Korea’s crypto hacks emerges
India Plans to Introduce Crypto Bill Next Parliament Session – A Look at Community Responses
10.8.2019
The Indian government has submitted a draft crypto bill to the supreme court and expressed its intention to introduce the bill in the next parliament session. The court subsequently set a new date to hear the case relating to crypto regulation. Meanwhile, the Indian crypto community has ramped...
Supreme Court of India postpones the case on Cryptocurrency Ban till January 2020
9.8.2019
Crypto trades in India have been confronting a year-long fight, when a Reserve Bank of India circular, which took effect on July 2018, levied a ban on regulated financial foundations to service crypto-related organizations. Stakeholders from several industries filed writ petitions to challenge...
Shaping The Future of A Rising Economy: How Blockchain is Gaining Credibility in India
9.8.2019
Blockchain, a simple concept yet so complex and diverse in its use-cases is still in a nascent stage. Numerous countries have come to realize the immense potential of blockchain and are tapping into the unexplored areas of this disruptive technology. […]
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Expert: India Will Lose An Almost $13 Billion Market By Banning Crypto
9.8.2019
India’s ban on crypto may be very costly, with the CEO of one research firm estimating that the country will lose out on almost $13 billion