Minister Says India, Like Other Nations, Extremely Cautious on Libra
India’s finance minister says many countries are cautioning against rushing ahead with Libra Go to Source Powered by WPeMatico
India
Auto Added by WPeMatico
Samsung SDS Partners With Tech Mahindra for a New DLT Product
Samsung’s software arm Samsung SDS announced a joint blockchain development initiative with Tech Mahindra Go to Source Powered by WPeMatico
Supreme Court of India Postpones Cryptocurrency Ban Hearing to November
The India Supreme Court has postponed a hearing regarding the Reserve Bank of India’s policy that bans financial institutions from giving services to crypto businesses Go to Source Powered by WPeMatico
Indian Supreme Court Postpones Crypto Case to November
The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case today. Also read: RBI Ban Stops Indian Police … Read more
Indian Supreme Court Sets Date to Hear Crypto Case Next Week
The Supreme Court of India has confirmed a new date to hear the crypto case after multiple delays. During the last hearing, the court directed the Reserve Bank of India (RBI) to reply to crypto exchanges’ representation within two weeks, which the central bank has done. Also read: India’s Popular ‘Who Wants to Be a … Read more
Bank Raided, Arrests Made but RBI Still Restricts Withdrawals
The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their savings. The bank has 137 branches across India. Also read: RBI Ban Stops … Read more
Walmart Uses Blockchain Tech to Track Shrimp Supply Chains
Walmart is tracking Indian shrimp supplies with IBM’s Food Trust platform Go to Source Powered by WPeMatico
RBI Ban Stops Indian Police From Cashing Out Seized Crypto
The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8.42 crore (~$1.2 million) proceeds due to the current RBI banking ban. Also read: India’s Popular ‘Who Wants to Be … Read more
India Police Can’t Move Seized Crypto Due to India’s Anti-Crypto Law
The police of Pune, India, can’t transfer $1.2 million in seized crypto due to India’s anti-cryptocurrency laws Go to Source Powered by WPeMatico
Bithumb Global to Launch Regulated Crypto Exchange in India: Report
Report: South Korean exchange Bithumb’s international platform Bithumb Global is looking to establish a regulated cryptocurrency exchange in India Go to Source Powered by WPeMatico