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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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Bitcoin's $100K price target returns as BTC price breaks out of bull pennant

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Hitachi Payments has partnered with the State Bank of India to establish a nationwide digital payments platform.

Hitachi and India’s Largest Gov’t-Owned Bank Partner on Major Digital Payments Platform

2018-10-29T13:00:00+00:00

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India draws closer to the deadline for a legal battle between the country’s central bank and local crypto exchanges.

Indian Supreme Court Sets Two Week Deadline for Gov’t to Clarify Stance on Crypto

2018-10-26T16:45:00+01:00

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U.S. telecoms regulator argues innovation in the telecoms industry should face a “level playing field.”

Don’t ‘Disadvantage’ Emerging Tech Like Blockchain, Says U.S. Telecoms Authority Chairman

2018-10-26T12:21:00+01:00

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The head of Indian IT trade organization NASSCOM reportedly stated that cryptocurrency is “illegal” in the country, after two men installing a Bitcoin ATM were ...

Cryptocurrency ‘Illegal’ In India Says Trade Organization Head

2018-10-26T04:00:00+01:00

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Japan’s central bank doesn’t want a CBDC. What about others?

Central Bank-Issued Digital Currencies: Why Governments May (or May Not) Need Them

2018-10-25T14:10:00+01:00

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Police have seized an allegedly unregistered Bitcoin ATM machine in India and arrested its owner, the co-founder of domestic crypto exchange Unocoin.

Police Arrest Indian Crypto Exchange Co-Founder for Unregistered ‘Illegal’ Bitcoin ATM

2018-10-24T11:05:00+01:00

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Blockchain technology can aid in defragmenting many countries’ procurement structures, a new report concludes.

Blockchain Can Reshape Global e-Government Procurement, Say World Bank Experts

2018-10-18T13:43:00+01:00

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India is getting a dedicated group for exploring blockchain expansion courtesy of the Internet and Mobile Association of India.

Indian Internet ‘Blockchain Committee’ Attracts Reps From Zebpay, MasterCard, Microsoft

2018-10-17T11:16:00+01:00

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