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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

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

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

Mumbai-based WazirX crypto exchange’s latest data shows a 2,648% growth to date in user signups from smaller cities across India.

Women from small cities contribute to 65% of crypto sign ups in India

2021-08-11T10:42:58+01:00

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CoinDCX’s Series C funding was led by B Capital Group, a VC firm from Facebook co-founder Eduardo Saverin.

Indian crypto exchange becomes unicorn after $90M funding round

2021-08-10T09:34:42+01:00

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Realizing Vitalik Buterin’s $1-billion donation in Shiba Inu coins to the COVID-Crypto Relief Fund in India has turned out to be a labyrinthine process for the ...

Buterin’s $1B SHIB donation tricky to cash out, says fund manager

2021-07-28T10:26:51+01:00

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Solana invites students, Web 2.0 and Web 3.0 developers, engineers and anyone who is looking to get into crypto.

Solana hackathon aims to bolster crypto innovation in India

2021-07-27T12:38:20+01:00

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A new partnership with LegitDoc places India among early adopters to implement an e-governance system for higher education.

India to use Ethereum blockchain to verify diploma certificates

2021-07-27T08:51:02+01:00

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RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo.

Reserve Bank of India mulls first steps toward an eventual CBDC

2021-07-22T22:30:13+01:00

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The Directorate of Enforcement issued a show-cause notice to the crypto exchange for allowing clients to transfer cryptocurrencies without following the law of ...

Indian regulator probes crypto exchange for alleged forex law violations

2021-07-19T15:18:39+01:00

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Now valued at $33 billion, Revolut didn’t rule out a potential IPO this year, but the firm's CFO suggested that it was unlikely.

Softbank leads $800M investment for banking app Revolut

2021-07-15T10:35:38+01:00

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