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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.

Top News

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'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

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One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

India is now home to the world’s first physical crypto bank branch despite regulatory uncertainty surrounding digital currencies in the country.

Indian crypto bank opens physical location, eyes 100 branches by 2022

Osato Avan-Nomayo

2020-12-30T10:43:24+00:00

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India’s government could levy taxes on Bitcoin trading despite the lack of legal clarity for the country’s crypto space.

India ponders Bitcoin tax law to target $5B market

Osato Avan-Nomayo

2020-12-29T10:59:30+00:00

10017

New Year Special

Lowering CO2 emissions and lessening carbon-intensive approaches are the essential goals in global efforts to fight climate change.

The pandemic year ends with a tokenized carbon cap-and-trade solution

2020-12-27T09:27:00+00:00

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Including the millions it collected in previous rounds, the company has raised approximately $19.4M.

Indian crypto exchange CoinDCX raises $14M in its third round in 2020

2020-12-22T04:30:00+00:00

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The WEF looks to introduce legacy systems to blockchains.

Blockchain can fix India’s dysfunctional insurance scheme, says WEF

2020-12-09T20:31:42+00:00

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Most mainstream Indian investors still do not see an easy way to enter the crypto markets despite recent regulatory liberalization regarding virtual currencies.

Majority of Indian investors see 'no easy way to enter' crypto

2020-11-27T01:50:44+00:00

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CoinDCX users to stake on ETH 2.0 with as low as 0.1 ETH, the exchange says.

Indian exchange offers ETH staking ahead of Ethereum 2.0 launch

2020-11-11T03:30:00+00:00

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Crypto exchange Zebpay aims to create an ecosystem for digital-collectible fans in India.

Zebpay is launching a nonfungible token marketplace in India

2020-11-10T14:28:15+00:00

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