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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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In the middle of a spike in cases, more than 4,000 people are dying in India every day as a direct result of the pandemic.

'Crypto for COVID': Indian neobank aims to feed those affected by pandemic

2021-05-18T21:00:00+01:00

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An internet startup association in India has asked the government to define cryptocurrencies like Bitcoin as digital assets and not currencies.

Indian startup organization proposes regulatory framework for crypto

2021-05-06T13:45:11+01:00

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COVID-19 has infected more than 17.6 million people in India. A crypto-based relief fund is raising millions to help the country cope with the disaster.

Polygon co-founder raises $2.2M for India COVID-19 relief

2021-04-27T19:15:00+01:00

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Vitalik Buterin made the donation after the co-founder of Polygon set up a charity drive to aid COVID-19 relief amid India's second coronavirus wave.

Ethereum creator donates 100 Ether and Maker to Indian COVID-19 relief

2021-04-26T13:39:44+01:00

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Indian officials are switching their stance on crypto, but the country’s regulatory environment may have additional bottlenecks in store.

Mercurial on crypto: Will India’s latest stance lead to positive regulation?

Anupam Varshney

2021-04-26T11:05:38+01:00

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Amid the COVID-19 pandemic, the role of digitalization has become central to achieving sustainability and lessening climate change.

Asia-Pacific’s solarized digitalization agenda in pandemic times

2021-04-24T08:12:00+01:00

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Coinbase has started hiring in India despite rumors of an impending ban on crypto in the country.

Coinbase hires former Google Pay exec to lead India operations

2021-04-22T10:37:58+01:00

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Cryptocurrency is taking off in India despite regulatory fears, which many are now dismissing as nothing but FUD.

Why cryptocurrency is booming in India despite national ban fears

2021-04-12T14:10:33+01:00

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