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Police in the Indian city of Thane have raided the offices of an alleged multi-million cryptocurrency scam on Monday. According to its promoters, Money Trade Coin (MTC) “provides a safer, more secure and superior alternative of storing wealth in the form of digital currency, to investors as well as commoners.” Investigators, however, accuse it of […]
The post Police Forces Bust Alleged “New Age Cryptocurrency” Scam in India appeared first on Bitcoin News.
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Five writ petitions have now been filed against the order by the Reserve Bank of India (RBI) banning banks from providing services to entities dealing with cryptocurrencies. The country’s Supreme Court has set a date to hear all petitions but has barred all other courts from accepting any new ones. Also read: US State Issues Emergency […]
The post Five Petitions Pile Up Against India’s Crypto Crackdown – High Courts Ordered to Ignore appeared first on Bitcoin News.
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