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Shivcharan Singh Maran left 50,000 rupees (Rs) in 500 Rs banknotes for his family before he passed away. The bundle of cash was rejected by the Reserve Bank of India (RBI).
Demonetization in India has lead to erosion of confidence in the system but not in the leader.
Demand for Bitcoin and alternative currencies grows as Indian government changes demonetization goal posts each day.
In the week the country’s Senate advised the scrapping of its highest value banknote, Pakistan’s Bitcoin trading volume has shot up almost 400%.
Indian mainstream media and news networks have begun to extensively cover bitcoin amid ongoing crackdown on gold.
The war against cash in India seems to be just like most government policy directions - total fiasco.
Embattled Venezuelan President Nicolas Maduro announced on Sunday that the 100-bolivar bill will be decommissioned.
India’s demonetisation has turned into a masochistic exercise where there is no end to pain and suffering in sight.
Abhishek Bhandari of AsiaDigiCoin on how the ongoing demonetization in India that has ruffled many feathers profits digital currencies.
As Bitcoin finds new favour among Indians, India’s Unocoin launches new Bitcoin application for both the iOS and Android platforms. Bitcoin has hit new highs in India since demonetisation occurred November 8.
How do you take the hatchet to one of the fastest growing economies in the world? Simple: Remove 86 percent of the circulating currency and call it an anti-corruption measure.
Number of Bitcoin users in India has increased by 100% over last week.
With the Government’s demonetization drive resulting in chaos and a rush for cash, Indian are turning to God to tide over the crisis.
Indian government’s attempt at demonetization results in higher demand for alternative assets. The premium that Bitcoin commands in the Indian market has widened.
Demonetisation has led to people dying, long queues at banks and an air of uncertainty about India’s future.
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