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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.

AUDIO
Check the bad crypto news of the past week.
Steem Scandal, Blockchain Voting Fiasco & More: Bad Crypto News of the Week
Joel Comm
2020-03-07T23:00:00+00:00
5654
News
Dark clouds still loom for the Indian crypto industry, with a 2019 bill proposing a ban on virtual currencies still pending in India's parliament.
India's Crypto Industry Still Threatened by Ban as Pending Bill Looms
Samuel Haig
2020-03-07T10:20:00+00:00
5043
Follow up
With the Indian apex court repealing the RBI’s crypto ban, experts now believe that the S.E Asian country’s economy is set to surge.
India Back in the Race: Landmark Judgment to Fuel Crypto Adoption
Shiraz Jagati
2020-03-05T15:46:00+00:00
3261
News
Top Indian exchanges Unocoin and WazirX have resumed fiat deposits less than a day after the Supreme Court quashed restrictions on banks’ services to crypto fir...
Indian Crypto Exchanges Resume Fiat Services 24 Hours After Supreme Court Ruling
Marie Huillet
2020-03-05T11:57:00+00:00
5305
Expert Take
How can emerging technologies help one of the world’s most populous countries and one of the largest energy consumers toward sustainable and renewable energy de...
India Is Fostering a Solarized Digital Future
Selva Ozelli
2020-03-04T14:57:00+00:00
2556
Follow up
An Indian crypto analyst spoke to Cointelegraph about the Supreme Court’s landmark ruling against RBI’s ban on banks’ services to crypto firms.
Supreme Court Post-Game: It’s a ‘Historic Day’ for Crypto in India
Marie Huillet
2020-03-04T10:50:00+00:00
4555
News
With the future of the crypto in India now tied to a Supreme Court case, exchanges are looking to derivatives trading.
Large-Scale Crypto Derivatives Trading May Be in India’s Future
Turner Wright
2020-03-04T06:49:00+00:00
2938
News
The Supreme Court of India strikes down the central bank’s controversial ban on banks’ dealings with crypto businesses.
India Supreme Court Lifts RBI Ban on Banks Servicing Crypto Firms
Marie Huillet
2020-03-04T06:32:00+00:00
8598

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