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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

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

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

What Bitcoin correction? BTC price holds $55K despite several bearish indicators

Tuesday marks the final deadline for consideration of appeals against the Reserve Bank of India’s cryptocurrency ban.

India Supreme Court Examines Last Petitions Against Central Bank Crypto Ban

2018-09-25T13:50:00+01:00

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Cointelegraph investigates the murky web of incidents connected with the Bitconnect heist, from Texas to Gujarat.

Exit Scam in Wonderland: Bitconnect’s Tentacles From Texas to Gujarat

2018-09-22T22:20:00+01:00

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Official government websites have become a prime target for cryptojacking in India, according to research from local cybersecurity experts.

Government Sites in India Among Prime Targets for Cryptojacking, Research Shows

2018-09-17T11:25:00+01:00

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The Indian government has approved an MOU on the joint research of blockchain technology application under the BRICS Interbank Cooperation Mechanism.

India Approves MOU on Joint Blockchain Research with BRICS Members

2018-09-12T23:36:00+01:00

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Two U.S. states have asked Indian authorities to seize the property of the promoters of alleged BTC Ponzi scam BitConnect.

Two US States Implore Indian Authorities to Seize Property of BitConnect Promoters

2018-09-12T02:47:00+01:00

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Former Indian politician Nalin Kotadiya has been remanded in custody for his alleged involvement in a 200 BTC extortion case.

India: Former Legislator Remanded in Custody in Connection With Bitcoin Extortion Case

2018-09-11T04:37:00+01:00

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Hodler’s Digest

Google Cloud embraces the Ethereum blockchain dataset and Goldman Sachs reportedly shelves its crypto trading desk project.

Hodler’s Digest, September 2-9: Goldman Sachs Says ‘No Thanks’ to Crypto Trading Desk, While India Sends Officials to ‘Crypto College’

Molly Jane Zuckerman

2018-09-09T18:35:00+01:00

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The Securities and Exchange Board of India releases an annual report days before the Supreme Court hearing on the country’s cryptocurrency ban for banks.

India Sends Officials to US, Japan and Switzerland to Study Cryptocurrency and ICOs

2018-09-03T19:16:00+01:00

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