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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

The Reserve Bank of India has described central bank digital currencies as a mixed bag in its report on currency and finance for 2020 to 2021.

Central bank digital currency a mixed blessing, says RBI

Osato Avan-Nomayo

2021-03-01T12:59:07+00:00

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An Indian cryptocurrency exchange will use Unstoppable Domains to create and host blockchain-based URLs, despite the nation's impending Bitcoin ban.

Indian crypto exchange Unocoin adopts decentralized Unstoppable Domains

2021-02-25T04:00:00+00:00

19289

The Reserve Bank of India is getting ready to launch its own central bank digital currency.

India's central bank ‘very much in the game‘ with digital currency project

Osato Avan-Nomayo

2021-02-24T09:21:00+00:00

7670

The man known as India's Warren Buffet is eager for a blanket ban on all cryptocurrencies and believes the Bitcoin “party” will result in a terrible hangover fo...

India’s Warren Buffet says Bitcoin hangover will be worse than the party

2021-02-23T13:35:50+00:00

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A major government-owned bank, the State Bank of India, has become the first Indian bank to join JPMorgan’s blockchain network, Liink.

State Bank of India joins JPMorgan’s blockchain payments network

2021-02-23T09:57:36+00:00

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The Securities and Exchange Board of India may force promoters of initial public offerings to ditch crypto.

India securities regulator to reportedly bar IPO promoters from holding crypto

Osato Avan-Nomayo

2021-02-22T11:29:52+00:00

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Former Coinbase chief technology officer Balaji Srinivasan has warned that India's impending ban on Bitcoin and other cryptocurrencies would be like banning the...

India crypto ban is like banning internet, says former Coinbase CTO

2021-02-15T14:02:13+00:00

15090

Just hours after an anonymous source claimed India would issue a blanket ban on all cryptocurrencies, Jack Dorsey and Jay-Z announced a 500 Bitcoin development ...

Jack Dorsey and Jay-Z to set up 500 BTC blind Bitcoin trust in India, Africa

2021-02-12T08:45:58+00:00

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