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All petitions against the crypto banking ban by the Reserve Bank of India (RBI) are supposed to have been heard by the country’s supreme court on September 11. However, the court has been busy every day this week and has postponed the RBI ban hearing. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator […]
The post RBI Ban Hearing Delayed – Indian Supreme Court Too Busy for Crypto This Week appeared first on Bitcoin News.
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The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. Consultations with all stakeholders including the central bank have already begun. This announcement is independent of the supreme court’s hearing of petitions relating to crypto regulation in India. Also read: Yahoo! Japan Confirms […]
The post Indian Crypto Regulation Ready by September: Official 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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The Reserve Bank of India has justified its crypto banking ban to an industry group which has been trying to convince the central bank to ease crypto restrictions. In response, the central bank outlines key areas of concern and upholds its stance on crypto. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI’s Main […]
The post Indian Central Bank Justifies Its Crypto Stance – Outlines Key Areas of Concern 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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The Indian Supreme Court heard one petition against the crypto banking ban by the country’s central bank today. However, the court did not grant a stay and the ban is set to proceed as planned, prompting crypto exchanges in the country to start implementing their solutions for banking alternatives. Also read: Yahoo! Japan Confirms Entrance Into […]
The post Indian Supreme Court Heard Crypto Petition but Upholds RBI Ban – Effective in 2 Days appeared first on Bitcoin News.
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With the impending banking ban by the Reserve Bank of India, cryptocurrency exchanges in the country are scrambling to find banking alternatives. Two Indian exchanges have announced that they are launching P2P crypto trading services which will allow traders to buy and sell crypto legally even after the central bank’s ban. Also read: Yahoo! Japan Confirms […]
The post Indian Crypto Exchanges Launching P2P Trading Services – Bypassing RBI Ban 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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Indian cryptocurrency exchanges are reportedly planning to create a database of crypto traders and their transactions. User account data would be tied to either an Aadhaar ID or a Permanent Account Number. This proposal comes amidst the Indian government actively working on crypto regulations. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies […]
The post Indian Cryptocurrency Exchanges Plan to Maintain Shared User Database appeared first on Bitcoin News.
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