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At press time, bitcoin has shrunk down to $6,100 – the lowest it’s been in nearly four months. All the talk of bitcoin developing newfound resistance appears to be moot; the coin remains as vulnerable as ever, and traders should brace themselves for bitcoin to strike the $5,000 range next. The problems seem to be … Read more
A former Member of the Legislative Assembly has been declared a “proclaimed offender” in Bitcoin extortion case Go to Source Powered by WPeMatico
The government of the South Indian state of Kerala will use a blockchain system to improve the supply and distribution of dairy produce, vegetables and fish Go to Source Powered by WPeMatico
India is a very peculiar country when it comes to cryptocurrency and blockchain technology. With a lot of conflicting reports regarding the future regulation of this industry, anything and everything could still change in the near future. It now seems the government may prepare to overturn the “ban” on cryptocurrency activity. India Continues to Surprise … Read more
Ripple’s global head of infrastructure innovation expects India’s central bank to rescind its crypto ban, based on its inquiry into own digital currency Go to Source Powered by WPeMatico
RBI, the central bank of India, has not made a proper effort to thoroughly research the nature and usage of cryptocurrencies before issuing its crypto ban. This is according to a reply sent by the bank to a Right to Information query filed by a lawyer. Copies of the communication have been distributed on social … Read more
Some 14 Indian banks have joined a blockchain consortium that aims to tap into the blockchain to speed up internal processes. Dubbed India Trade Connect, the consortium is six months old and will facilitate the swift issue of loans over a decentralized protocol. According to Bloomberg, the member banks account for more than 50% of … Read more
Despite the growing popularity of cryptocurrency, scams remain one of the biggest problems the industry faces today. Indian police officials recently shut down a major cryptocurrency scam which may have defrauded users for nearly two full years. It is evident that such contraptions will need to be shut down sooner rather than later, as they … Read more
Indian cryptocurrency exchanges have followed the Supreme Court’s suggestion for them to present their cases to the Reserve Bank of India. They have sent letters to the central bank, offering alternatives to the RBI’s banking ban. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Supreme Court’s Suggestion Cryptocurrency exchanges in India have reportedly sent … Read more
Indian authorities have questioned British businessman Raj Kundra, husband of Bollywood star Shilpa Shetty, in regards to his alleged connection to a $300 mln ICO scam Go to Source Powered by WPeMatico