Fintech firms can put blockchain technology to the test, but cryptocurrency projects are excluded, India’s central bank has announced.
India News
India, or Republic of India, is a federal state in South Asia. It is the second-largest country by population after China and the seventh-largest by territory in the world. India has a developing mixed economy, which is the world’s sixth largest in terms of nominal GDP. In India, cryptocurrency payments are becoming more and more popular among its citizens. Currently, the government is developing regulations for operations related to virtual currencies. It is aimed to protect investors and users, prevent money laundering, control the taxation of transactions, etc. Besides that, according to the Indian Minister of Finance, the authorities are concerned about digital currencies’ volatility and anonymity and are considering banning all payments in cryptocurrency. Nevertheless, the future of using cryptocurrency in India remains uncertain.
- News
- News
Major American cryptocurrency exchange and wallet provider Coinbase has expanded its crypto-to-crypto trading to more countries.
- News
The exchange, like others in India, faces an ongoing stranglehold on operations by the central bank.
- News
by Ana Berman
Samsung SDS reportedly will work with Indian IT giant Tech Mahindra in an attempt to enter the overseas blockchain market.
- News
Major Indian banks plan to focus on blockchain tech implementation to increase digital transaction quality.
- News
The Supreme Court of India has granted interim bail to two brothers who are among the chief suspects accused of running a Bitcoin (BTC)-related Ponzi scheme.
- News
Indian cryptocurrency exchange Coindelta is terminating its services in light of the adverse operating climate for crypto businesses in the country.
- News
by Aaron Wood
Major private Indian bank, Federal Bank, has partnered with Ripple for its cross-border remittances network.
- Analysis
India crypto and blockchain advocates protest in advance of a crucial supreme court hearing.
- News
India has launched a pilot blockchain e-marketplace aimed at improving transparency and traceability of coffee produced in India.
- News
Bahrain has invited Indian companies to its fintech sandbox in a bid to promote new technologies in the region.
- News
The Indian Institute of Management Calcutta in collaboration with TalentSpirit are launching a new program on fintech and blockchain for financial professionals...
- News
by Helen Partz
The Supreme Court of India has granted four weeks to Indian authorities to come up with crypto regulation.
- Hodler’s Digest
Samsung’s new smartphone will have storage for crypto private keys, and Elon Musk thinks Bitcoin has a brilliant structure.
- News
by Helen Partz
India’s largest e-commerce firm mjunction has partnered with blockchain shipping firm Shipnext.
Editor’s Choice
- Self-Proclaimed Satoshi Craig Wright Sues Podcaster Peter McCormack for Alleged Libel
- Bitcoin Hovers Over $5,250 as Top Oil Futures See Slight Uptrend
- FinCEN Takes First Enforcement Action Against P2P Cryptocurrency Exchanger
- SBI Holdings: Bitcoin Cash Removal Amid Bitcoin SV Delistings Was Coincidence
- Coinbase’s 2018 Revenue Is 60% Less Than Projected by the Firm: Report