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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.

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The Reserve Bank of India has urged the Supreme Court to regulate crypto, following the postponement of a hearing on the bank’s crypto dealings ban.

Reserve Bank of India Urges Supreme Court to Regulate Crypto

2018-07-22T12:45:00+01:00

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The final arguments in the Supreme Court regarding the Reserve Bank of India’s (RBI) crypto banking ban will be held in September.

India: Supreme Court Decision on Central Bank Crypto Dealings Ban Moved to September

2018-07-20T19:05:00+01:00

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On July 20, the Supreme Court of India might review the RBI crypto ban.

Is India About to Reverse Its Crypto Trade Ban?

2018-07-18T19:05:00+01:00

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An anonymous source in the government told news outlet Quartz that India will not ban crypto, but rather treat it as commodity.

Report: India May Not Ban Cryptocurrencies, But Treat Them as Commodities

2018-07-12T02:22:00+01:00

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A member of the Indian National Congress has demanded a probe into a supposed “mega Bitcoin scam” involving majority officials.

India: Senior Opposition Member Demands Probe Into ‘Mega Bitcoin Scam’

2018-07-06T00:20:00+01:00

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The deadline for the Indian central bank crypto dealings ban to be implemented ends today.

Deadline for Implementing Indian Central Bank’s Ban on Crypto Dealings Ends

Molly Jane Zuckerman

2018-07-05T20:25:00+01:00

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Zebpay has opted to halt Indian rupee operations for users as India enacts a ban on providing banking services to cryptocurrency businesses.

Zebpay Exchange Halts Fiat Ops as India Crypto Banking Ban Deadline Looms

2018-07-04T15:30:00+01:00

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India’s Supreme Court has today ruled not to grant interim relief to businesses affected by the Reserve Bank of India’s ban on banks' dealings with cryptocurren...

Indian Supreme Court Continues to Uphold Central Bank’s Ban on Crypto Dealings

2018-07-03T21:51:00+01:00

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