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India News

India today is no stranger to the concept of Bitcoin (BTC) and cryptocurrency. Home to over 1 billion people, the South Asian country touts a population rivaling that of China. India, officially known as the Republic of India, is the second-largest country by population after China. The industry of cryptocurrency in India today still shows a country that is uncertain about the asset class.

In India, government bodies have discussed the country’s stance on cryptocurrencies for years. Although headlines have mentioned various possible cryptocurrency-related bans and regulatory moves — with people often asking, “Is Bitcoin legal in India?” — the country has yet to officially outlaw crypto on the whole. Companies focused on digital assets could not work with banks for a time, thanks to a 2018 ruling from the Reserve Bank of India, or RBI — the country’s central bank — but those restrictions were removed in 2020.

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An anonymous Indian official has claimed the country’s parliament will soon introduce a blanket bank on crypto assets, and give hodlers three-to-six months to l...

India's crypto ban is coming, hodlers to be given transition period: Bloomberg

2021-02-12T05:55:01+00:00

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The Indian crypto industry sees a brief panic over the government’s plans to ban “private cryptocurrencies” and explore the need for a CBDC.

A turn for the worse? India’s crypto plan unsettling to local industry

2021-02-08T13:21:00+00:00

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Government officials may be planning to introduce the law potentially banning crypto “within a month” of the ordinance clearing.

Indian parliament reportedly considering fast-tracking crypto bill

2021-02-08T07:08:15+00:00

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There won’t be a better chance for India to unlock the full potential of blockchain tech in the digital media industry.

India must revolutionize its digital media industry with blockchain

Mario Casiraghi

2021-02-03T08:21:00+00:00

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Kumar Gaurav said "there is no way any government" can outright ban crypto given its nature as a global and decentralized system.

Indian government looking to crack down on crypto scams with proposed ban: Cashaa CEO

2021-01-31T17:55:49+00:00

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The bank still claimed that government bodies and regulators in India are both “skeptical” and “apprehensive” about crypto.

Reserve Bank of India 'exploring the possibility' of a digital currency

2021-01-25T17:55:37+00:00

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Blockchain technology could provide the security needed to expand national voting beyond provincial borders.

Blockchain-aided voting trials to begin in India

2021-01-25T13:49:07+00:00

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BuyUCoin initially denied the reports of a data breach, but added that all user funds are safe.

Breach at Indian exchange BuyUCoin allegedly exposes 325K users’ personal data

2021-01-24T20:39:00+00:00

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