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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

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

Bitcoin's $100K price target returns as BTC price breaks out of bull pennant

What Bitcoin correction? BTC price holds $55K despite several bearish indicators

India crypto exchange CoinDCX to provide funding to education projects that aim to strengthen crypto adoption across the country.

CoinDCX To Allocate $1.3 Million to Indian Crypto Education

2020-03-16T20:53:00+00:00

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As Bitcoin plunges close to its lowest levels since 2018, many are convinced that BTC is heavily interlinked with traditional markets.

Bitcoin Price Correlates With Traditional Assets, but Not Entirely

2020-03-14T03:00:00+00:00

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Not all banks appear to be complying with the Supreme Court’s ruling in favor of providing services to crypto-related firms.

Some Indian Banks Are Still ‘Arbitrarily’ Refusing to Process Crypto Transactions

2020-03-13T08:46:00+00:00

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Kraken is planning to strengthen its presence in India following the Supreme Court’s recent verdict opening up cryptocurrency use in the country.

Kraken Announces Plans to Expand Indian Operations As Crypto Ban Lifts

2020-03-09T21:20:00+00:00

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Crypto developers must follow consumers closely if they want the industry to take off in a big way, Paypal’s chief technical officer has said.

PayPal CTO: Crypto Still Needs to Prove Itself to Catch On

2020-03-09T09:07:00+00:00

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Hodler’s Digest

A controversial crypto ban overturned in India, the new Bank of England governor slams Bitcoin, and Jack Dorsey gets backing as Twitter CEO.

India Ban Overturned, BTC Owners Warned They’ll Lose Everything, Hodler’s Digest, Mar. 2–8

2020-03-08T20:55:00+00:00

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Top jurisdictions that have outlawed Bitcoin and cryptocurrencies are now starting to rethink their stance.

Countries That First Outlawed Crypto but Then Embraced It

Jinia Shawdagor

2020-03-08T19:00:00+00:00

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An upcoming Indian crypto roadshow has nearly doubled the number of cities it is visiting following the Supreme Courts repealing of the RBI crypto ban.

India's Crypto Bulls Roadshow Given Full Head of Steam by Ban Repeal

2020-03-07T23:30:00+00:00

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