India Fears Bitcoin and Cryptocurrencies Could Destabilize Rupee
The effect Bitcoin (BTC) and other cryptocurrencies may have on the Indian rupee is reportedly a top concern for Indian lawmakers — specifically, if said digital currencies are to be...
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...
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...
‘Totalitarian’ – Antonopoulos Slams India’s...
Andreas Antonopoulos has labeled plans from India’s central bank to create an identity-based national digital currency as “incredibly dangerous” as details emerge of a fresh...
Gamblers in India Could Soon Place Their Bets in Crypto
As cryptocurrency exchanges eagerly await the RBI ban ruling, a government agency has proposed using virtual currencies as payment for legalized gambling services in India. What a...
India’s Supreme Court to Issue Final Ruling on RBI...
The Indian Supreme Court has adjourned its hearing of the petition against the Reserve Bank of India (RBI) ban on banks facilitating cryptocurrency transactions. The apex court will...
India Unlikely to Issue Blanket Ban on Cryptocurrency
Government officials in India have indicated that the government may adopt a more measured approach to regulating the cryptocurrency market. We Don’t Want to Ban...
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 Bitcoin Bank Ban in Effect July 5 After Supreme Court Decision
India’s Supreme Court has refused to extend a grace period allowing cryptocurrency entities to keep banking services beyond this week’s deadline set by the central bank. Exchanges...
India ‘Not in Favor’ of Banning Cryptocurrency (Reports)
The Indian government is reportedly “not in favor” of banning cryptocurrency, new sources claim June 13. Gov’t vs. Central Bank Citing local financial company Cogencis, local...
India: No Plans to Use Venezuelan Petro to Pay for Crude Oil
India has no plans to use Venezuela’s cryptocurrency – the Petro – to pay for crude oil imports from the South American country. India is already a regular customer...
More Crypto Exchanges Set up Shop in India Despite RBI Ban
Despite the RBI ban, there are reports of more cryptocurrency exchange platforms springing up in India. The country’s apex bank issued a directive in April prohibiting banks from...