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An anonymous source in the government told news outlet Quartz that the Indian government is not planning to ban crypto, but rather will treat it as commodity Go to Source Powered by WPeMatico
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 … Read more
A special investigations unit has been set up in the Indian state of Maharashtra where there is a rise in bitcoin-related scams. The unit will take over the investigation of all cases relating to cryptocurrency in the state that are currently handled by various police departments. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more
Indian cryptocurrency exchanges are forging ahead with their solutions to the crypto banking ban imposed by the country’s central bank. A growing number of exchanges have stopped fiat support as they ramp up peer-to-peer and crypto-to-crypto trading. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI Ban in Effect The crypto banking ban by … Read more
Another day, another crypto-related scam. This time it’s in India, where members of the nation’s congress have demanded a Supreme Court-monitored investigation into a “mega Bitcoin scam.” Calls for the probe are led by senior congressional leader Shaktisinh Gohil, who accuses the top leadership of the country’s largest political party, the Bharatiya Janata Party, of … Read more
On the backdrop of recent developments concerning the status and the future of cryptocurrencies in India, Bitcoin has been dragged into a political scandal between the country’s two major parties. We’ve covered the story in today’s Bitcoin in Brief. Also in the daily, check the details around some BCH-related projects and services, as well as … Read more
A member of the Indian opposition party has demanded a probe into a supposed “mega Bitcoin scam” involving majority officials Go to Source Powered by WPeMatico
The deadline for the Indian central bank crypto dealings ban to be implemented ends today, as Bitcoin dips below $6,500 Go to Source Powered by WPeMatico
India is undertaking research into the possible use of blockchain technology in the management of fertilizer subsidies. The venture will bring together the country’s think tank, NITI Aayog, and one of the country’s largest chemical manufacturers, Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC). The Indian government hopes that the integration of blockchain technology will … Read more
Cryptocurrency exchanges in India have one by one announced the shut down of their fiat deposits and withdrawals as banks start closing their accounts per RBI’s crypto banking ban. Meanwhile, they are trying to educate the central bank in hopes of easing the ban. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI Ban … Read more
