India

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More Crypto Jobs in India, Despite Delhi’s Stance on Bitcoin

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Jobs and applicants for employment in the cryptocurrency sector have increased substantially in India, despite current attitudes in Delhi towards bitcoin. Significant growth has been registered in the second half of last year, a period of great uncertainty about the crypto future of the country. This month Indian government reaffirmed its commitment to eliminate illicit … Read more

PR: XinFin Unveils XDC, the Hybrid Blockchain Protocol; Opens Its Utility Token Sale

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XinFin opens token sale of it’s utility tokens, unveils the first of it’s kind hybrid blockchain XDC protocol Singapore based XinFin unveiled the first of its kind Hybrid Blockchain protocol architecture for enterprise adoption for global trade and finance market, opens sale of it’s utility tokens. XinFin unveiled its Hybrid Blockchain network, powered by the … Read more

Indian Government Leans Toward Calling Bitcoin an Asset

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There seems to be a fair amount of uncertainty and misinformation regarding India’s stance on Bitcoin and cryptocurrencies. More specifically, a few news outlets have reported that the country would ban Bitcoin altogether. There’s no evidence to back up such claims right now. Moreover, the secretary of the country’s Department of Economic Affairs claims there will not be … Read more

Crowdfire Founders Plan to Launch Indian Bitcoin Exchange

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Cryptocurrencies have grown popular in India, and digital asset markets in the region have seen exponential growth despite uncertainty from the Indian government. Now, this week the founders of the popular application Crowdfire have announced the team is launching an Indian-based bitcoin exchange this March. Also read: Russian Cryptocurrency Bill Is Ready – Regulators Share Details … Read more

Trading Tip `The Wall´ – I Was Wrong

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Last week, I made an analysis of the bitcoin price situation. My analysis noted that while the rumors of Wall Street price manipulation was most likely false, the fear was real. Despite that, the price did not break under $10,000. Because my inclination towards bitcoin is bullish (based on the the positive sentiment around the … Read more

India’s Finance Minister Confirms Crypto Not Recognized as Legal Tender, Media Panics

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India’s Finance Minister, Arun Jaitley, has confirmed that the country’s government will not recognize cryptocurrencies as legal tender, adding that authorities will seek to ramp up efforts to “eliminate” the use of virtual currencies in illicit transactions. Mr. Jaitley’s comments have been misconstrued and embellished throughout the mainstream media, with numerous reports proclaiming that India’s … Read more