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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

A Blockchain trade finance platform developed by IBM and other international banks has reported its first live pilot transactions

IBM And Major Banks Blockchain Partnership Reports First Live Pilot Transactions

Molly Jane Zuckerman

2018-04-19T14:07:00+01:00

22547

ICICI Bank, India’s largest private sector bank by consolidated assets, onboarded over 250 corporates to its Blockchain platform for trade finance transactions.

Indian ICICI Bank Enlists 250 Corporates To Int’l Trade And Finance Blockchain platform

2018-04-19T00:05:00+01:00

14651

What to expect for the future of banking and fintech

Banks and the Crypto Industry: Asia

Christina Georgacopoulos

2018-04-18T18:35:00+01:00

25936

The governor of Kenya’s central bank announced it had issued a circular to all banks, cautioning against crypto dealings.

Central Bank Of Kenya Warns Banks Against Dealing In Crypto

Molly Jane Zuckerman

2018-04-13T20:43:00+01:00

18170

Indian Bitcoin exchange Coinsecure has seen the disappearance of around 438 BTC from their BTC wallet, claims insider job

Indian Crypto Exchange Reports Loss Of $3.5 Mln In BTC, Blames Exec

Molly Jane Zuckerman

2018-04-13T16:42:00+01:00

19551

India’s National government continues to make belligerent statement, not forgetting about taxation

National Currency, Scam And Police Violence: What’s Going On With Crypto In India

Shivdeep Dhaliwal

2018-04-12T11:16:00+01:00

19688

The police in the Indian state of Gujarat are investigating the alleged kidnapping and extortion of around $2 mln in BTC from a businessman

India: Police Officers Beat, Extorted 200 BTC From Businessman, Local Sources Say

Molly Jane Zuckerman

2018-04-10T19:25:00+01:00

17243

So far, 17,000 people have signed a public petition to protest the central bank of India’s ban on crypto-related accounts

Petition To Reverse Indian Central Bank’s Crypto Ban Gains 17,000 Signatures

Molly Jane Zuckerman

2018-04-08T20:59:00+01:00

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