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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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The Supreme Court of India has granted four weeks to Indian authorities to come up with crypto regulation.

Supreme Court of India Puts 4-Week Deadline on Release of Crypto Regulation by Government

2019-02-25T12:52:00+00:00

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Hodler’s Digest

Samsung’s new smartphone will have storage for crypto private keys, and Elon Musk thinks Bitcoin has a brilliant structure.

Hodler’s Digest Feb.18-24: Top Stories, Price Movements, Quotes and FUD of the Week

Molly Jane Zuckerman

2019-02-24T19:02:00+00:00

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India’s largest e-commerce firm mjunction has partnered with blockchain shipping firm Shipnext.

Indian E-Commerce Giant Partners With Blockchain Logistics and Shipping Platform

2019-02-20T19:03:00+00:00

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From Venezuela to India, crypto is being increasingly used in times of economic crisis.

Global Economic Crises Show Idea of BTC as Store of Value Catching On

2019-02-20T12:40:00+00:00

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The government has formally opened a cyber security lab and strengthened police powers to investigate possible crypto-based crime.

India Targets Cryptocurrency Crime аs Part оf Cyber Security Offensive

2019-02-19T09:06:00+00:00

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An Indian governmental committee is reportedly concerned by the impact that crypto could have on the country’s fiat currency, if it is allowed to be used for pa...

Indian Gov’t Committee Is Worried About Crypto’s Impact on Rupee’s Stability: Report

Adrian Zmudzinski

2019-02-04T14:36:00+00:00

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11 Indian banks are involved in consultations to bolster blockchain-based supply chain financing for micro, small and medium sized businesses.

India: Bank Blockchain Consortium Targets Improvements to Small Business Financing

2019-01-29T08:37:00+00:00

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A research institute established by the Indian central bank has issued a roadmap on blockchain adoption.

India: Banking Research Institute Issues Blueprint on Blockchain Implementation

2019-01-22T22:12:00+00:00

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