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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

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

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

Coinbase plans to base some of its “IT services” in India, including engineering, software development, and customer support.

Coinbase hiring in India despite potential crypto crackdown

2021-03-25T05:23:34+00:00

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Co-founder of major Indian tech company Infosys Nandan Nilekani has urged the government to help MSMEs access capital using Bitcoin.

Amid ban rumors, billionaire Nandan Nilekani says crypto can help Indians

2021-03-23T07:58:56+00:00

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Privacy-focused decentralized and peer-to-peer technology solutions offer a better alternative to centralized platforms.

Decentralized technology can help protect democracy around the globe

Nikhil Raghuveera

2021-03-20T16:14:00+00:00

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MetaKovan, the pseudonymous founder of NFT fund Metapurse and buyer of Beeple’s $69 million NFT, has revealed himself.

Buyer of Beeple’s $69M NFT on Christie’s discloses identity

2021-03-18T14:16:36+00:00

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The Ministry of Finance of India continues to form a careful position on private cryptocurrencies.

India to have a ‘window’ for Bitcoin, says minister amid crypto ban FUD

2021-03-15T12:38:12+00:00

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No blanket ban on the horizon, with an open “window” for experimentation in India, says Nirmala Sitharaman.

No crypto ban in India: Finance Minister predicts “very calibrated” stance

2021-03-06T15:53:51+00:00

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A peer-to-peer marketplace based on PowerLedger's blockchain technology will enable consumers and prosumers to trade their surplus rooftop solar energy.

Public, private actors in Delhi trial blockchain-based solar energy trading

2021-03-03T09:57:48+00:00

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Unicas is planning to open 50 banks in India by the end of the year, but a proposed bill banning crypto could complicate matters.

Crypto bank opens physical location in India's capital as potential regulatory ban looms

2021-03-01T16:30:00+00:00

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