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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

Shiba Inu rebounds 40% despite major selling by SHIB whales

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The industry is seeing a renaissance following India’s Supreme Court revoking the RBI’s crypto ban, but there is still a long way to go.

India Crypto Renaissance: Industry Sees Rebirth as RBI Crypto Ban Lifts

Jinia Shawdagor

2020-03-28T05:13:00+00:00

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India’s Tech Mahindra said faster reconciliation and a reduction in paperwork are just two of the benefits of using the Marco Polo blockchain platform.

Indian Tech Giant Mahindra Speeds Up Cross Border Transactions with Blockchain

2020-03-27T00:55:00+00:00

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India’s relationship with blockchain and cryptocurrency hasn’t been clear, but the country has the potential to become a global leader in the upcoming fintech r...

Why India Has the Potential to Lead the P2P Finance Revolution

2020-03-24T16:00:00+00:00

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The $3 million investment in India’s largest crypto exchange comes from firms like Bain Capital, Polychain and HDR Group.

Indian Crypto Exchange CoinDCX Raises $3 Million in Series A Round

2020-03-24T05:21:00+00:00

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Billionaire venture capitalist Tim Draper has revealed plans to invest in Indian cryptocurrency startups.

Tim Draper Wants to Invest in the Coming Crypto Renaissance in India

2020-03-23T00:00:00+00:00

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The co-founder of Bitcipher Labs has been arrested for stealing $480,000 in BTC from the exchange weeks after quitting.

Woman Arrested for Stealing $480,000 From Crypto Exchange She Co-Founded

2020-03-20T17:34:00+00:00

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India’s Minister of Corporate Affairs has revealed that only two cryptocurrency companies have apparently registered with the ministry.

Indian Ministry Reveals Investigations Into Bitcoin Businesses

2020-03-18T08:48:00+00:00

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Major crypto exchange Binance and its Indian trading platform WazirX announced a fund aimed at sustaining blockchain development in India.

Binance and Indian Exchange WazirX Announce $50M Blockchain for India Fund

Adrian Zmudzinski

2020-03-17T09:48:00+00:00

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