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The Indian government is reportedly considering whether to allow crypto tokens — not cryptocurrencies — to be used in the country, based on proposals from an inter-ministerial committee Go to Source Powered by WPeMatico
One of the largest cryptocurrency exchanges in India, Zebpay, has enabled Trueusd (TUSD) trading, deposits and withdrawals. The dollar-pegged stablecoin is offered as an alternative to fiat trading which is problematic under the Indian central bank’s ban. Also Read: The Daily: New Education Centers, Vietnamese Ask for Fraudster’s Extradition Zebpay Enables Trueusd Mumbai-headquartered cryptocurrency exchange … Read more
Cryptocurrency scams have become a very real problem over the past few years. With so many new users entering this ecosystem as of late, it is evident that many are at risk of being scammed. In India, another big crypto scam has been uncovered, and two individuals associated with the venture have been arrested. Cryptocurrency … Read more
Indian crypto traders have found some creative ways to trade cryptocurrencies, especially bitcoin, to circumvent the crypto banking ban imposed by the country’s central bank. The Reserve Bank of India has banned financial institutions from providing services to companies dealing in cryptocurrency. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Money Finds a Way … Read more
The current cryptocurrency situation in India doesn’t look promising. With the RBI officially banning all fiat currency-based transactions pertaining to Bitcoin and altcoins, a worrisome situation was created. Huobi is looking to enter this market through a new peer-to-peer trading venture. It’s a very interesting decision, and one that bypasses the trading ban altogether. Huobi … Read more
Following several announcements of plans for global expansion, this week crypto exchange Huobi has reportedly informed Indian users of its intentions to present them with a P2P platform that allows trading in Indian rupee. The email notice published by local media promises zero transaction fees for exchanging BTC, ETH, and USDT. Also read: 3 Million … Read more
The law commission established by the order of the Indian government has issued a report recognizing cryptocurrency as a means of payment. This is reportedly the first time that a body appointed by the government admitted cryptocurrencies have value and can be used in transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government-Appointed Body … Read more
The Indian state of Telangana will sign MoUs with blockchain-focused firms to roll out DLT-powered government services Go to Source Powered by WPeMatico
Five major banks from each BRICS member state have agreed to conduct a joint study of blockchain tech implementation Go to Source Powered by WPeMatico
Unocoin, a major Indian crypto wallet and exchange, has suspended fiat deposits and withdrawals due to the central bank’s crypto dealings ban Go to Source Powered by WPeMatico
