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Regulatory measures affecting blockchain and cryptocurrency projects often create a panic reaction among community members. In most cases, any regulatory measure will ultimately lead to either restricting or banning a specific type of activity. In India, a new proposal has been submitted to effectively prohibit cryptocurrency trading and use, although it has yet to be … Read more
The Indian government has been progressing on cryptocurrency regulation. A recent report from the Ministry of Finance confirms some recommendations. Meanwhile, local media reported Friday that a draft bill on the regulatory framework for cryptocurrencies is being circulated among relevant government departments. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Ministry of … Read more
Indian government departments have reportedly started consultations on a complete ban of cryptocurrencies Go to Source Powered by WPeMatico
US-based Blockfi has expanded into India, offering a high rate on its interest-bearing account for two cryptocurrencies. News.Bitcoin.com talked to Blockfi and a local Indian crypto exchange offering a similar program to find out how the two products differ. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Blockfi Launching in India New … Read more
India has a number of laws that currently apply to cryptocurrency. A new Cambridge University report explains some of these laws. News.Bitcoin.com talked to one of the authors of the report to uncover more details. Meanwhile, the Indian government is currently finalizing regulations specific to crypto assets. Also read: Indian Supreme Court Postpones Crypto Case … Read more
India’s central bank, the Reserve Bank of India (RBI), has unveiled its framework for a fintech regulatory sandbox. While blockchain and smart contracts are welcomed, the bank stated that cryptocurrency and related services “may not be accepted for testing.” Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request RBI Welcomes Blockchain Tech The … Read more
The Reserve Bank of India’s regulatory sandbox will accept blockchain projects, but excludes cryptocurrency-related projects like initial coin offerings Go to Source Powered by WPeMatico
U.S.-based crypto exchange and wallet provider Coinbase has expanded its crypto-to-crypto trading to more countries Go to Source Powered by WPeMatico
Indian crypto exchange Unocoin has noted they have let half of their staff go last week in the lead-up to the Supreme Court’s July hearing on the legal status of crypto Go to Source Powered by WPeMatico
Samsung’s systems integration arm will reportedly work with Indian IT giant Tech Mahindra to enter the overseas blockchain market Go to Source Powered by WPeMatico