India: Gov’t Committee Recommends Blanket Cryptocurrency Ban
The Inter-Ministerial Committee (IMC) set up to look into bitcoin and cryptocurrency regulations in India says the government should ban virtual currencies. India May Soon Finalize...
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...
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...
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...
UnoCoin Founder Arrested For Operating India’s First Bitcoin...
Police in Bengaluru, India recently arrested UnoCoin cofounder Harish BV for “illegally” operating a Bitcoin ATM in the city barely a week after it was installed. ...
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...
India: Crypto Ban Sees First Casualties as ZebPay Closes Doors
ZebPay officially announced that it was forced to stop activity due to legal and regulatory obstacles. ‘Curb on Bank Accounts … Crippled Our Ability’” Indian...
Examining the Indian Government’s Fight Against Cryptocurrency
The Reserve Bank of India’s cryptocurrency ban comes into effect tomorrow (July 6, 2018). Once one of the thriving centers of cryptocurrency commerce, the ban is most likely going to...
India Hit with Crime Wave as Cryptocurrencies Continue to Gain...
It seems that every time a new technology emerges, so too do ne’er-do-wells seeking to exploit that technology for their own gain. Cryptocurrencies are no exception...
Supreme Court of India Strikes Out Injunction Against RBI Crypto Ban
The Indian Supreme Court has struck out an interim injunction against the crypto ban of the Reserve Bank of India (RBI). The RBI banned banks and other financial institutions from...
RBI Bans India’s Financial Institutions from Cryptocurrency...
The Reserve Bank of India (RBI) has officially ordered all regulated entities to refrain from providing services to any and all businesses involved in the dealing of digital currencies...
Indian Banks Squeeze Crypto Exchanges
It is common knowledge that banks are far from comfortable with the explosion of interest in cryptocurrency investing in the last year. Just by its nature, a decentralized currency...