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The inaction of India’s supreme court to end the prolonged banking restriction has forced another cryptocurrency exchange to shut down. The exchange has given its users 30 days to withdraw funds at increased fees, prompting several other exchanges to offer to refund these fees for customers switching to them. Also read: Indian Supreme Court Set […]
The post Indian Supreme Court Takes Too Long on Crypto Case – Another Exchange Shuts Down appeared first on Bitcoin News.
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A growing number of crypto exchanges in India have announced the return of fiat deposit and withdrawal support despite the crypto banking ban imposed by the country’s central bank. Several other exchanges in the country also allow their users to use Indian rupees to buy and cash out cryptocurrencies through their exchange-escrow peer-to-peer (P2P) services. […]
The post Growing Number of Indian Crypto Exchanges Say Fiat Support Is Back Despite RBI Ban appeared first on Bitcoin News.
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Since the Reserve Bank of India (RBI), the country’s central bank, banned banks from providing services to cryptocurrency businesses, traders are increasingly trading on peer-to-peer (P2P) platforms. Local crypto exchanges have come up with a number of exchange-escrowed P2P solutions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Localbitcoins Trading volumes in both the […]
The post P2P Exchange Options Increasing for Crypto Traders in India appeared first on Bitcoin News.
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A growing number of cryptocurrency exchanges in India are adding stablecoins such as trueusd (TUSD) and tether (USDT) to their platforms. They are part of the solutions exchanges have come up with in order to minimize the impact of the crypto banking ban imposed by the country’s central bank. Also read: Yahoo! Japan Confirms Entrance Into […]
The post Stablecoins Gaining Popularity in India to Minimize Central Bank’s Impact appeared first on Bitcoin News.
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Exchange-escrowed trading directly between cryptocurrency buyers and sellers is growing in popularity in India following the crypto banking ban imposed by the country’s central bank. One local exchange, in particular, is seeing “tremendous” response from Indian traders for this service as “tens of thousands of new users have signed up” in a month. Also read: Yahoo! […]
The post Huge Demand for ‘P2P’ Crypto Trading Seen in India After RBI Ban appeared first on Bitcoin News.
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India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Supreme […]
The post Indian Supreme Court Heard Crypto Petitions Today But RBI Ban Stays appeared first on Bitcoin News.
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India’s central bank has responded to a representation about its crypto banking ban. The Supreme Court gave the central bank seven days to reply following a hearing last week of the petition by the Internet & Mobile Association of India against the ban. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI’s Response India’s […]
The post Indian Central Bank Responds About Crypto Restrictions appeared first on Bitcoin News.
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