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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

Crypto markets remain in the green, as Bitcoin and Ethereum see small gains in their price with total market cap also increasing.

Crypto Markets Inching Upwards As BTC and ETH Break Previous Price Points

Molly Jane Zuckerman

2018-04-08T17:10:00+01:00

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Bitcoin has fallen slightly below $7,000, and ETH remains close to $400, after a week of mixed news in the crypto ecosystem.

Bitcoin, Ethereum Prices Remain Steady Despite ‘Crypto Ban’ From India’s Central Bank

Molly Jane Zuckerman

2018-04-07T13:20:00+01:00

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Investor Tim Draper may have returned to the Indian markets, but he remains critical of the country’s less-than-welcoming attitude towards cryptocurrencies.

Tim Draper Calls India’s Crypto Stance A “Huge Mistake,” Warns Of Potential Brain Drain

Molly Jane Zuckerman

2018-04-07T11:35:00+01:00

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The Reserve Bank of India is analyzing the feasibility of launching its own central bank-issued digital currency.

Reserve Bank of India Considers Central Bank-Issued Digital Currency

2018-04-06T23:47:00+01:00

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Infamous Bitcoin evangelist Amit Bhardwaj and his brother were arrested by Indian authorities on charges of scamming investors of $300 mln.

India: Crypto ‘Scamsters’ Bhardwaj Brothers Arrested For Duping Investors Out Of $300 Mln

2018-04-06T21:20:00+01:00

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India’s central bank will stop associations with all entities related to cryptocurrency, citing the “associated risks” like money laundering

India’s Central Bank To Stop Dealing With All Crypto-Related Accounts, ‘Not Ban On Crypto’ Commenters Say

Molly Jane Zuckerman

2018-04-05T16:11:00+01:00

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Major Indian private lender HDFC Bank followed J.P. Morgan and Citibank in banning of crypto-purchases with bank cards.

India’s HDFC Joins List Of Banks Banning Crypto Purchases Via Card

2018-03-15T22:53:00+00:00

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Former secretary of Economic Affairs of India has claimed that cryptocurrencies should be banned since there is no effective way to regulate them.

Former Indian Gov’t Official Shaktikanta Das: Crypto “Should Not Be Allowed At All”

2018-03-12T15:26:00+00:00

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