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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

Following a giveaway announcement in September, Alistair Milne gives away Bitcoin instead of a $2,600 Denarium gold bar.

‘No Borders’ — Alistair Milne Sends Bitcoin Instead of $2.6K Gold Bar

2019-10-22T13:46:00+01:00

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A group of students from an Indian university has created a blockchain-based voting system that enables the electorate to vote online.

Indian University Students Create Blockchain-Based System for Online Voting

2019-10-21T17:17:00+01:00

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Finance Minister Nirmala Sitharaman has said that India — like many others, in his view — is showing a high degree of caution in regard to Facebook’s Libra.

Minister Says India, Like Other Nations, Extremely Cautious on Libra

2019-10-21T09:42:00+01:00

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Samsung SDS announced a joint initiative to launch a new blockchain traceability solution based on Nexledger.

Samsung SDS Partners With Tech Mahindra for a New DLT Product

2019-10-20T21:29:00+01:00

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The Supreme Court of India has postponed a hearing on the Reserve Bank of India’s circular banning banks from rendering services to crypto-related businesses.

Supreme Court of India Postpones Cryptocurrency Ban Hearing to November

2019-10-16T17:46:00+01:00

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United States retail giant Walmart will use blockchain technology to track its Indian-sourced shrimp.

Walmart Uses Blockchain Tech to Track Shrimp Supply Chains

2019-10-05T00:39:00+01:00

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Indian police have sought a court directive to move $1.2 million seized from a BTC ponzi scheme last year that has been frozen due to the country’s anti-crypto ...

Indian Police Can’t Move Seized Crypto Due to India’s Anti-Crypto Law

2019-10-04T00:21:00+01:00

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South Korean exchange Bithumb’s international platform Bithumb Global is looking to establish a regulated cryptocurrency exchange in India, a report says.

Bithumb Global to Launch Regulated Crypto Exchange in India: Report

2019-10-03T11:58:00+01:00

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