India

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Indian Central Bank’s Report Shows Cryptocurrencies Are Not Currently a Threat

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The Reserve Bank of India (RBI) has published a report indicating that cryptocurrencies are not a threat currently. However, the central bank says, with rapid growth and adoption of cryptocurrencies, this assessment could change, adding that constant monitoring of cryptocurrencies is needed. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations No … Read more

Indian Cryptocurrency Exchange in 45 Countries Sees Strong Demand in Venezuela

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An Indian cryptocurrency exchange, which is now live in 45 countries, reports that it is “seeing immense enthusiasm and buyer activity in Venezuela,” a spokesperson for the exchange told news.Bitcoin.com. Compared to other countries, “Venezuelans are looking more at the longer-term yield of bitcoin.” Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive … Read more

Report: Indian Government Updates Progress on Cryptocurrency Regulation

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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

India in No Hurry to Regulate Cryptos, Blames Global Regulatory Uncertainty

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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

Indian Crypto Exchanges End Year With Improved Services, Optimism About Regulation

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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

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