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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

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Indian cryptocurrency exchange Coinome has announced it will be halting operations as of May 15, ostensibly due to regulatory difficulties.

Indian Crypto Exchange Coinome Halts Services Citing Regulatory Pressure

2019-05-10T11:23:00+01:00

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The purported crypto ban represents the latest shaky step for the Indian government.

India’s Complex Relationship With Crypto

2019-05-08T09:19:00+01:00

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Indian technology company Tech Mahindra announced it will be implementing an anti-spam call solution powered by blockchain.

Indian Tech Giant Tech Mahindra to Combat Spam Phone Calls With Blockchain

2019-05-02T21:45:00+01:00

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A draft bill that would outright ban cryptocurrency is reportedly circulating among various departments of the Indian government.

Report: India Considers Complete Ban on Digital Currencies

2019-04-26T00:10:00+01:00

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Fintech firms can put blockchain technology to the test, but cryptocurrency projects are excluded, India’s central bank has announced.

The Reserve Bank of India’s Regulatory Sandbox Accepts Blockchain, Excludes Crypto

2019-04-18T21:40:00+01:00

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Major American cryptocurrency exchange and wallet provider Coinbase has expanded its crypto-to-crypto trading to more countries.

Coinbase Expands Crypto-to-Crypto Services to 11 More Countries

2019-04-17T21:44:00+01:00

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The exchange, like others in India, faces an ongoing stranglehold on operations by the central bank.

Unocoin Reduces Staff by 50% Ahead of Indian Supreme Court Cryptocurrency Ruling

2019-04-16T09:49:00+01:00

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Samsung SDS reportedly will work with Indian IT giant Tech Mahindra in an attempt to enter the overseas blockchain market.

Indian IT Giant Tech Mahindra to Use Samsung's Nexledger Blockchain: Local Media

2019-04-14T14:49:00+01:00

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