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Crypto Enthusiasts Unite in 4 Indian Cities to Voice Regulatory Suggestions
A community roadshow has been uniting crypto enthusiasts in several cities in India to share their ideas on the country’s crypto regulation. “The best ones will be included in the report to be submitted to the decision makers amongst the government,” the organizer of the events explained. Also read: Indian Government Confirms Cryptocurrency Regulation in […]
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Indian Crypto Community Rallies to Influence Government’s Decision on Cryptocurrency Regulation
In March 2019, cryptocurrency enthusiasts and experts across India will make their voices heard at a nationwide roadshow. They intend to draw up a joint report which will be handed to the Indian government in lieu of the upcoming release of a crypto regulation framework. Also read: Indian Supreme Court Gives Government 4 Weeks to […]
The post Indian Crypto Community Rallies to Influence Government’s Decision on Cryptocurrency Regulation appeared first on Bitcoin News.
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Suspected Mastermind Behind Kassh Coin Arrested
The New Delhi Police Branch has arrested Asif Ashraf Malkani – a thirty-five-year-old man accused of operating Kassh Coin – a multi-million dollar scam that duped Bollywood celebrities, among scores of Indian investors. Also Read: ‘Crypto Fund’ Approved to Manage Cryptocurrency Investments in Switzerland Operator of Crypto Scam That Duped Bollywood Celebrities Apprehended Asif Ashraf Malkani, […]
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Indian Police Seek to Sell Crypto and Bypass RBI Ban
Indian police are reportedly facing a challenge of how to liquidate cryptocurrencies they seized since the country’s central bank, the Reserve Bank of India (RBI), has banned banks from providing services to crypto exchanges. The RBI ban is now in effect and a growing number of crypto exchanges have already announced they will no longer […]
The post Indian Police Seek to Sell Crypto and Bypass RBI Ban appeared first on Bitcoin News.
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Indian Women More Bullish On Crypto than Men, Invest Twice As Much
Despite being a minority among crypto investors, just like anywhere else, women in India actually spend on cryptocurrency twice more than men do. A newly released survey also found that the majority of Indian crypto users live in big cities like Delhi, Mumbai, and Bangalore. The study comes out while Indians expect new regulations within […]
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Another Indian Company Challenges Ban on Crypto Banking
RBI’s ban on crypto-related banking services has been challenged again. Maharashtra-based Flintstone Technologies has turned to the High Court in Delhi to seek withdrawal of the April 6 circular issued by the Reserve Bank of India, calling it “arbitrary, unfair and unconstitutional.” The company points out that the central bank has not provided any reasons […]
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Bitcoin in Brief Friday: World Satoshi Summit Canceled, Pump and Dump Scheme Exposed
In today’s Bitcoin in Brief we’re covering disappointing news for the crypto community: the World Satoshi Summit in Delhi has been canceled because of “regulatory issues” according to its organizers. Also, an alleged crypto pump and dump scheme has been exposed. There is more than one opinion on the case, as you’ll see below. Also […]
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Coinsecure India Down After $3 Million in Bitcoin Missing
In what appears to be an attempt to test their ability to distribute Bitcoin Gold (BTG), a Coinsecure weakness was apparently exposed, and over 3 million dollars worth of bitcoin were stolen as a result. The large crypto exchange based in India filed a First Information Report (FIR) with police, alleging their own Chief Scientific […]
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India Can’t Regulate Bitcoin Says Official
Indian authorities have been struggling to grasp the crypto phenomenon for quite some time now – years, to be more precise. The inability to fully understand it and put it under control has resulted in a state of semi-denial: “it’s illegal”, officials repeat tirelessly, but also keep trying to tax it. It doesn’t help when […]
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