RBI Crackdown Triggers Migration of India’s Cryptocurrency Industry

RBI Crackdown Triggers Migration of India's Cryptocurrency IndustryThe Reserve Bank of India (RBI)’s prohibitive policies regarding India’s cryptocurrency industry has reportedly comprised the catalyst for a migration of Indian cryptocurrency entrepreneurs in search of more amenable regulations. Also Read: Indian Ponzi Scheme-Funded Cryptocurrency Mine Raided by Police RBI Crackdown Drives Crypto Businesses Overseas The crackdown on cryptocurrencies initiated by the RBI has reportedly […]

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Indian Ponzi Scheme-Funded Cryptocurrency Mine Raided by Police

Indian Ponzi Scheme-Funded Cryptocurrency Mine Raided by PoliceIndian police have raided a cryptocurrency mining operation whose establishment was funded by a nearly $15 million USD ponzi scheme. Police seized hundreds of mining cards. Also Read: Another Indian Company Challenges Ban on Crypto Banking  Ponzi-Financed Ethereum Mine Raided in India Delhi Police’s Cyber Cell has conducted a raid on a cryptocurrency mining operation held […]

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Indian Investors Flock to Trade Crypto Ahead of RBI Ban

Indian Investors Flock to Trade Crypto Ahead of RBI BanInvestors in India are flocking to trade cryptocurrencies before the ban order by the Reserve Bank of India takes effect. There is a positive sentiment in the local crypto community that the Indian government will not outright ban crypto trading. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Investors Rush to Get Into Crypto […]

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Indian Exchange Launches 23 Crypto-to-Crypto Trading Pairs with Zero Fees

Indian Exchange Launches 23 Crypto-to-Crypto Trading Pairs With Zero FeesAnother Indian cryptocurrency exchange has launched crypto-to-crypto trading. Koinex is offering 23 crypto-to-crypto trading pairs with zero fees. Earlier this week, leading Indian exchange Zebpay also launched crypto-to-crypto trading but with only one trading pair. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Koinex’s Crypto-to-Crypto Trading Indian exchange Koinex announced last week, “We are […]

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Indian Exchange Zebpay Launches Crypto-to-Crypto Trading

Indian Exchange Zebpay Launches Crypto-to-Crypto TradingA leading cryptocurrency exchange in India, Zebpay, has introduced crypto-to-crypto trading on its platform. The launch closely follows the Reserve Bank of India banning banks from servicing crypto exchanges. Meanwhile, Zebpay celebrated its 3 millionth app download. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Crypto-to-Crypto Trading Indian cryptocurrency exchange […]

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India Divided on Whether to Ban Crypto Use

India Divided on Whether to Ban Crypto UseAs India works on the bill to regulate cryptocurrencies, each government department has its own opinion on whether to ban the use of crypto, including bitcoin. The Finance Ministry, the Reserve Bank of India (RBI), the Income Tax Department, and the Special Investigation Team have voiced their opinions on the upcoming bill. Also read: Russian Regulators […]

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Indian Exchange Takes Central Bank to Court Over Bank Ban

Indian Exchange Takes Central Bank to Court Over Bank BanThe Indian bitcoin community keeps fighting for their rights to operate freely in the country like any other industry. The latest show of defiance is a petition to the court against the actions of the Reserve Bank of India by the operators of a local exchange. Also Read: SPI Solar to Host 5,000 Bitcoin Miners […]

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Coinsecure Announces Repayment Plan and Bounty for Stolen Bitcoins

Coinsecure Announces Repayment Plan and Bounty for Stolen BitcoinsIndian exchange Coinsecure has announced its plan to repay customers for stolen bitcoins as well as a 10 percent bounty to anyone who helps recover them. The exchange claims it was an inside job, and suspects its chief security officer of playing a role in siphoning off the money. Also read: Japan’s DMM Bitcoin Exchange Opens for […]

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Over 16,000 Indians Sign Petition Against “Irrational” RBI Crackdown

Over 16,000 Indians Sign Petition Against “Irrational” RBI CrackdownCryptocurrency users in India are using the internet to voice their protest over a recent crackdown by the country’s central bank. Instead of allowing it to be stifled, petitioners call on the government to help cultivate the new ecosystem which can benefit India in various ways.    Also Read: ADS Securities Adds Bitcoin Cash, Litecoin, […]

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Bitcoin Mining Training Coming to 30 Cities in India

Bitcoin Mining Training Coming to 30 Cities in IndiaAn Indian chamber of commerce is launching a bitcoin mining training program in 30 cities across India. The goal is to teach young people about bitcoin, cryptocurrencies, blockchain technology, crypto mining, and entrepreneurship to empower the rural population for self-employment. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bitcoin Mining Training Program […]

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