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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

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

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

Shiba Inu rebounds 40% despite major selling by SHIB whales

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

Matic to release a “Large Scale Developer Initiatives” program to strengthen mainnet adoption.

Matic Network Launches an Initiatives Program for Mainnet Adoption

2020-07-08T22:09:00+01:00

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One of India’s largest farmer producer organizations plans to use blockchain to help farmers receive higher pay.

Major Indian Farmer Producer Organization to Use Blockchain for Supply Chains

Mohammad Musharraf

2020-07-07T12:27:00+01:00

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Crypto businesses keep showing interest in the Indian market by attracting users through products like mobile apps.

Crypto Mobile Apps Are on the Rise in India Following Supreme Court Decision

2020-07-01T21:00:00+01:00

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The CEO of CoinSwitch shares his insights about the possibility of a cryptocurrency blanket ban in India.

Chances of Indian Crypto Ban Low Compared to 2019, Says Crypto Veteran

Mohammad Musharraf

2020-06-29T14:29:00+01:00

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Indian banks are reluctant to work with crypto firms, even though RBI clears the air.

Indian Banks Act Slow to Accept Crypto Industry Despite RBI’s Approval

2020-06-27T08:16:00+01:00

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Regions of the world with fast-growing economic potential and young populations, such as India and Africa, will become leaders in crypto adoption.

Financial Inclusion, Cryptocurrency and the Developing World

2020-06-25T16:10:00+01:00

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Major cryptocurrency firm Ripple released a set of recommendations for Indian lawmakers to legalize cryptocurrencies.

Ripple Touts XRP Use in New Crypto Framework Suggested for India

2020-06-18T14:01:00+01:00

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As dark clouds gather above India’s crypto sector, Binance has joined the country’s top internet association in a bid to shape the industry’s future.

Binance Joins Indian Internet Association Amid Regulatory Uncertainty

2020-06-18T06:06:00+01:00

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