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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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India’s crypto exchanges are demanding that the country’s central bank provide clear guidelines regarding taxation.

Indian Crypto Exchanges Seek Tax Clarity From Central Bank

2020-05-04T10:21:00+01:00

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SSI has built a blockchain app that aims to relieve car drivers and owners from paperwork associated with vehicle maintenance and inspection.

Indian Tech Firm Develops HyperLedger Blockchain App for Vehicle Inspection

2020-04-27T14:00:00+01:00

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Leading figures in India’s crypto industry are reading positive signs from Facebook’s $5.7 billion investment in India's largest mobile operator.

India's Crypto Industry Is Bullish on Largest-Ever FDI in Tech Sector From Facebook

2020-04-23T11:28:00+01:00

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The coronavirus pandemic is changing the global narrative about the crypto space, India is not the exception: What to expect in crypto law updates from India?

India’s Lift of Cryptocurrency Trading in the Context of COVID-19

2020-04-21T14:21:00+01:00

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An overview of 2020's four most significant regulations for cryptocurrency exchanges around the world.

International Regulatory Milestones for Crypto Exchanges in 2020

2020-04-15T15:19:00+01:00

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Major cryptocurrency exchange Binance is deepening its presence in two major emerging markets, India and Indonesia.

Binance Continues Global Push With Launch of P2P Trades for Rupee and Rupiah

2020-04-14T09:27:00+01:00

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A recent Paxful survey reveals a growing trend in the Indian crypto market before and after the RBI’s ban lifting.

Survey Reflects India's Strong Sentiment Towards Crypto Before and After Ban

2020-04-02T15:57:00+01:00

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Indian crypto exchange BuyUCoin has sealed regulatory approval from Estonia’s financial watchdog to expand its services abroad.

Indian Crypto Exchange BuyUCoin Gets License to Go Abroad

2020-04-01T11:28:00+01:00

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