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The Indian government has reportedly provided an update on its progress toward the country’s regulatory framework for cryptocurrencies. The government provided its latest stance in areas such as the national cryptocurrency and licensing of crypto businesses. It is pursuing crypto regulations “with due caution,” according to reports. Also read: Indian Supreme Court Moves Crypto Hearing, Community … Read more
Regulators in India are looking at crypto regulation “with due caution,” says gov’t minister Go to Source Powered by WPeMatico
India hasn’t been the friendliest jurisdiction to cryptocurrencies. The crypto industry in the country has been involved in an endless row with the country’s Reserve Bank, and the RBI has thus far had the upper hand. The animosity has pushed some crypto firms out of business this year. And now, another blow. According to a … Read more
As the Indian government deliberates over cryptocurrency regulation, positive sentiment grows among local crypto exchanges regarding their government’s eventual decision. A number of them have also added new features and improved services such as offering interest on crypto deposits, increased liquidity, and better security. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive … Read more
A South Korean court rules in favor of Bithumb, GMO Internet leaves the crypto mining production sector, and more in this week’s Hodler’s Digest Go to Source Powered by WPeMatico
New survey from Indian telecoms firm Tata details obstacles to blockchain adoption for businesses Go to Source Powered by WPeMatico
The committee charged with providing recommendations for the regulatory framework surrounding cryptocurrencies in India is reportedly evaluating the legalization of the asset class under strong regulation. According to a recent report, “There is a general consensus that cryptocurrency cannot be dismissed as completely illegal.” Also read: Report: Indian Government Panel Submits Crypto Recommendations Legalizing With Strong … Read more
Technology and law enforcement are usually on opposite ends of a divide. While governments want to analyze as much consumer data as possible, very few people are effectively willing to go along with that plan. In India, a new law has been passed which puts any computer in the country under scrutiny by the domestic … Read more
Cryptocurrency regulation and legalization are favored over prohibition by a new Indian governmental committee, according to an unnamed senior official Go to Source Powered by WPeMatico
Despite regulatory uncertainty and banking restriction imposed by the country’s central bank, an Indian cryptocurrency exchange is seeing record trading volumes every month. The CEO of Wazirx told news.Bitcoin.com that the recent uptick in crypto prices has prompted a lot of Indians to start trading again. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive … Read more
