India Reportedly Proposes 10-Years In Prison For Holding Bitcoin
Well, India obviously feels it has something to prove. Purportedly, its latest draft bill on bitcoin and cryptocurrency is the most draconian yet. [Editor’s note: The Bloomberg...
India Cryptocurrency Ban Unlikely, Says CEO Of Exiled Zebpay
The CEO of Zebpay, which left India due to banking restrictions, says the rumored cryptocurrency blanket-ban is unlikely to happen. Ajeet Khurana was talking as the company announced...
Indian Crypto Companies Are Now Helping Thailand’s Banks...
Indian tech multinational, Wipro, has developed a blockchain-based solution for banks in Thailand to settle dues. This comes as Indian government and banking authorities look to...
India is Preparing a ‘Banning of Cryptocurrencies’ Bill
Bitcoin stakeholders in India are decrying the decision by the country’s central bank to exclude cryptocurrency-related businesses in its recently released regulatory sandbox for...
Zebpay Becomes First Exchange to Add Lightning Payments for All Users
App-enabled cryptocurrency exchange and wallet provider, Zebpay, has announced that it is enabling Lightning Network payments for all its users. The best part of the news? Zebpay claim...
India Likely To Lift Cryptocurrency Ban in 2019
India’s long-running saga regarding the legality of cryptocurrency is likely to see a lifting of the current ban in 2019. Indian Flip Flops Reports suggest the Gov’t...
Facebook Wants to Mint Its Own Stablecoin for WhatsApp
Facebook, the world’s largest social media website has been reportedly working on a stablecoin to allow WhatsApp users to transfer money. The company’s initial focus is...
G20 Summit: We Will Regulate Cryptocurrencies ‘In Line with FATF...
G20 countries have agreed to regulate cryptocurrencies in line with Financial Action Task Force (FATF) standards at the second session of the summit held in Buenos Aires, Argentina...
India Ready to Unveil Cryptocurrency Law Next Month
The government of India may provide clarity on cryptocurrency regulation as soon as next month with a new draft bill now in the works. Clarity Soon Citing a counter-affidavit issued...
HSBC Executes India’s First Overseas Blockchain Payment for Major...
The British banking giant HSBC has reportedly executed the very first overseas financial transaction of Reliance Industries (RIL) to a US-based client using blockchain technology...
Supreme Court of India Gives Two Week Deadline for Gov’t to Clarify...
The Supreme Court of India has formally set a deadline of two weeks for the government to officially clarify its position on cryptocurrencies. Urging for Clarity After having delayed...
Cryptocurrency Scam Case Reaches a Dead End in Mumbai
Roughly a year ago, Mumbai police accused the founder of ATC Coin Ltd. of running a cryptocurrency scam. Now the case has gone cold after police remain unable to locate any of the...