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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

Ajit Tripathi of ConsenSys tells Cointelegraph about the venture production studio’s goal to “unleash this entrepreneurial spirit” of the blockchain community.

ConsenSys’ Ajit Tripathi: ‘Rebellious Teenager’ Crypto Is Maturing

Molly Jane Zuckerman

2018-06-25T23:15:00+01:00

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Indian court declares former Member of the Legislative Assembly “proclaimed offender” in Bitcoin extortion case.

India: Former Legislator in Bitcoin Extortion Case Declared Proclaimed Offender

2018-06-19T04:37:00+01:00

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The government of the South Indian state of Kerala plans to use blockchain to innovate the supply and distribution of dairy produce, vegetables and fish.

South Indian State of Kerala to Use Blockchain Tech in Food Supply, Distribution

2018-06-18T18:22:00+01:00

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Ripple’s global head of infrastructure innovation expects India’s central bank to rescind its crypto ban, based on its inquiry into own digital currency.

India’s RBI Eyeing Own Crypto Is Sign of Potential Ban Reversal, Says Ripple Chief

2018-06-15T16:05:00+01:00

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British businessman Raj Kundra denies involvement in the GainBitcoin ponzi scheme that defrauded investors of over $300 mln.

Husband of Bollywood Star Questioned About $300 Mln Crypto Scam Involvement, Denies Allegations

Molly Jane Zuckerman

2018-06-06T18:20:00+01:00

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India’s telecom regulator has proposed using blockchain to crack down on unsolicited telemarketing communications, as well as to protect the privacy of telecom ...

India's Telecom Regulator to Use Blockchain to Prevent ‘Pesky’ Telemarketing Spam

2018-05-30T21:05:00+01:00

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India’s banking system has taken a harsh stance against cryptocurrencies.

Crypto vs. RBI: India’s Banking Bitcoin Battle Shows No Sign of Letting Up

2018-05-24T16:50:00+01:00

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Plans are afoot in India to apply goods and services tax to cryptocurrency transactions, anonymous sources have said.

India Considers Taxing Cryptocurrency at 18% as ‘Intangible Property’: Reports

2018-05-23T13:50:00+01:00

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