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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

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Major Indian banks plan to focus on blockchain tech implementation to increase digital transaction quality.

Indian Banks Consider Promoting Blockchain Tech Use for Payments

2019-04-14T11:46:00+01:00

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The Supreme Court of India has granted interim bail to two brothers who are among the chief suspects accused of running a Bitcoin (BTC)-related Ponzi scheme.

India: Interim Bail Granted to Two Brothers Accused in $300 Mln Crypto Ponzi Scheme

2019-04-04T18:04:00+01:00

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Indian cryptocurrency exchange Coindelta is terminating its services in light of the adverse operating climate for crypto businesses in the country.

Indian Crypto Exchange Coindelta Shutters Services, Citing Adverse Regulatory Conditions

2019-04-01T10:42:00+01:00

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Major private Indian bank, Federal Bank, has partnered with Ripple for its cross-border remittances network.

Major Private Indian Bank Partners With Ripple for Cross-Border Remittances

2019-03-29T22:45:00+00:00

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India crypto and blockchain advocates protest in advance of a crucial supreme court hearing.

Indian Street Protests for Cryptocurrency

Mohammad Musharraf

2019-03-29T14:19:00+00:00

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India has launched a pilot blockchain e-marketplace aimed at improving transparency and traceability of coffee produced in India.

India to Use Blockchain to Improve Coffee Supply Chain

2019-03-28T20:09:00+00:00

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Bahrain has invited Indian companies to its fintech sandbox in a bid to promote new technologies in the region.

Bahrain Invites Indian Firms to Facilitate Fintech Development in Region

2019-03-04T23:35:00+00:00

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The Indian Institute of Management Calcutta in collaboration with TalentSpirit are launching a new program on fintech and blockchain for financial professionals...

Indian Institute Rolls Out Advanced Program on Fintech and Blockchain

2019-02-26T22:05:00+00:00

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