India

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Some Major Canadian Banks Still Allow Cryptocurrency Credit Card Transactions

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While TD Bank has revised its policies and stopped allowing customers to purchase cryptocurrencies using its credit cards, some major banks in Canada still allow crypto credit card transactions, the banks reportedly confirmed on Friday. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten TD Bank Halts Crypto Credit Card Purchases Canada’s largest bank … Read more

SBI Doesn’t Ban Credit Card Crypto Purchases Despite Issuing Warning

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SBI Cards & Payments Services Pvt. Ltd, the second largest issuer of credit cards in India, has warned customers of the risks associated with cryptocurrencies. Despite the warning, the company did not move to ban its customers from purchasing bitcoin and other virtual currencies using SBI issued credit cards. Also Read: Indians Look to Buy Bitcoin … Read more

PR: Hybrid Blockchain XinFin ICO Enters Second Week, Announces Institutional Partnerships

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XinFin’s Hybrid Blockchain ICO was announced last week after launching minimum viable products and ongoing pilot projects with several institutions. The utility coin XDCE offering enters second week. The post PR: Hybrid Blockchain XinFin ICO Enters Second Week, Announces Institutional Partnerships appeared first on Bitcoin News. Go to Source Powered by WPeMatico

Citibank India to Not Permit Card Customers Purchasing or Trading Crypto

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Citibank India notified debit card and credit card clients via email on the 13:th of February they would no longer be able to participate in cryptocurrencies such as bitcoin. Citing regional and global concerns from regulators, the over a century old institution is following a growing number of traditional banks in cutting off access to … Read more

This 16-Year Old Crypto-App Developer Fights Back Against Reddit Hate

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Last month a 16-year old girl from India created a digital currency price ticker that tracks the price of cryptocurrencies like bitcoin cash, ethereum, and many others. However, when Harshita Arora introduced the iOS application to members of the bitcoin community who patronize the Reddit forum /r/bitcoin, she was accused of plagiarizing the app. Unfortunately, … Read more

Roles of Regulators Decided in India, Rules on Bitcoin Coming Soon

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India will soon have its own rules on bitcoin. The responsibilities of various regulators have been determined, a high-ranking official revealed. Relevant institutions are currently finalizing a comprehensive government policy on cryptocurrencies. Representatives of the Indian crypto community, meanwhile, have quashed fears of an imminent ban. Also read: No Strong Case to Ban Crypto Trading, … Read more

PR: Marketing Cloud Lydian Announces New Investment from Prolific Blockchain Investor, Chris Rouland and Announcement of New Advisers

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Lydian announced it has obtained a new investment and add two new advisors to its advisory board. Chris Rouland, a serial entrepreneur the founder of Endgame, Bastille Networks and most recently Phosphorus, a prolific blockchain investor, veteran in information security, and holder of a dozen patents related to Cyber Security, has joined Lydian as an … Read more

India’s Tax Department Issues Notices to 100,000 Crypto Investors

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India’s Income Tax Department recently announced that it has issued notices to 100,000 cryptocurrency investors. The announcement came in light of government surveys into the operations of multiple leading Indian exchanges that have revealed widespread tax evasion on the part of India’s cryptocurrency traders. Also Read: India’s Finance Minister Confirms Crypto Not Recognized as Legal Tender, … Read more