Indian Government Finalizing Crypto Consultation Paper — ‘We Are Looking at a Global Paradigm on Digital Assets’

India Finalizing Consultation Paper on Crypto Regulation — Official Says 'We Are Looking at a Global Paradigm on Digital Assets'India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is “fairly ready.” He explained that the Indian government is looking at “a global paradigm on digital assets,” emphasizing that “There has to be a broad framework on which all economies have to be together.” Economic Affairs Secretary Ajay Seth on […]

Go to Source

Powered by WPeMatico

Indian Official Provides Updates on Crypto Bill and Transition Period for Crypto Holders: Report

Indian Official Provides Updates on Crypto Bill and Transition Period for Crypto Holders: ReportAs the Indian government gets closer to moving forward with the cryptocurrency bill, an official from the Ministry of Finance reportedly explained what discussions the government has been having regarding the crypto bill and the impending legislation. Indian Crypto Bill’s Progress Update The Indian government is getting closer to introducing the cryptocurrency bill in Parliament. […]

Go to Source

Powered by WPeMatico

Indian Crypto Boom: New Traders Flood Exchanges — CEOs Reveal What’s Driving Massive Growth

Indian Crypto Boom: New Traders Flood Exchanges — CEOs Reveal What's Driving Massive GrowthThe Indian cryptocurrency industry is experiencing massive growth. New traders are flooding crypto exchanges, executives from four of the largest crypto trading platforms in India exclusively told news.Bitcoin.com. They also share their views on what drives the Indian crypto market, current traders’ sentiment, and institutional interest in crypto in India. Massive Growth of New Crypto […]

The post Indian Crypto Boom: New Traders Flood Exchanges — CEOs Reveal What’s Driving Massive Growth appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

India’s Crypto Trading Volume Soars Amid Economic Crisis

India's Crypto Trading Volume Soars Amid Economic CrisisDespite the economic crisis, cryptocurrency trading platforms in India are reporting record-breaking volumes and new users. “People in India are betting big on bitcoin,” Paxful’s CEO said. “The Indian market holds great potential and importance for the future of the crypto-economy.” Record-Breaking Growth Across the Indian Crypto Industry Cryptocurrency trading volume has been growing by […]

The post India’s Crypto Trading Volume Soars Amid Economic Crisis appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India

RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or TradersIndia’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing in cryptocurrencies. The ban lasted for almost two years. RBI […]

The post RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

New Cryptocurrency Exchanges Launch in India as Businesses Seek Answers From RBI

New Crypto Exchanges Launch in India as Businesses Seek Answers From RBIThe Indian cryptocurrency industry has been growing rapidly despite the nationwide lockdown and the coronavirus crisis. Two new cryptocurrency trading platforms are launching in India while existing crypto businesses seek clarification from the central bank, the Reserve Bank of India (RBI). New Cryptocurrency Trading Platforms Launching in India The crypto sector in India is showing […]

The post New Cryptocurrency Exchanges Launch in India as Businesses Seek Answers From RBI appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Indian Crypto Boom: Exchanges See 10X Trading Volumes During Lockdown

Indian Crypto Boom: Exchanges See 10X Trading Volumes During LockdownIndia’s cryptocurrency sector is booming during the extended nationwide lockdown. Several Indian cryptocurrency exchange executives have shared with news.Bitcoin.com their record-breaking stats, bullish trends, and positive sentiment despite the coronavirus-driven lockdown. Growing Interest in Cryptocurrency in India as Lockdown Extends India recently extended its nationwide lockdown by another fortnight due to the coronavirus outbreak. While […]

The post Indian Crypto Boom: Exchanges See 10X Trading Volumes During Lockdown appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Indian Government Reveals Inspection of Bitcoin Businesses, Informs Parliament of Results

Indian Government Reveals Inspection of Bitcoin Businesses, Informs Parliament of ResultsThe government of India has informed Lok Sabha, the lower house of parliament, about the Ministry of Corporate Affairs’ inspection of cryptocurrency businesses. Minister of State for Finance and Corporate Affairs Anurag Singh Thakur provided details of two companies in particular. This follows the landmark ruling by the country’s supreme court which quashed the banking […]

The post Indian Government Reveals Inspection of Bitcoin Businesses, Informs Parliament of Results appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico