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.

News
The Indian Institute of Technology Madras will test use cases around the Hedera Token Service, a public blockchain for payments.
Indian university joins Hedera decentralized governance council
Arijit Sarkar
2021-09-14T09:37:55+01:00
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Indian entrepreneurs believe crypto tax laws are foundational to mainstream crypto acceptance by governments.
India’s Income Tax Department may soon target crypto trades and ecosystem
Arijit Sarkar
2021-09-13T13:18:54+01:00
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Indians exchanges are urging locals to buy and give Bitcoin during the upcoming holiday season.
Indian crypto exchanges prepare ad blitz for festive season
Martin Young
2021-09-13T05:59:39+01:00
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RealX blockchain-based platform allows Indian investors to buy and sell “direct deeded co-ownership” of holiday properties.
Blockchain-based platform for fractional property ownership launches in India
Arijit Sarkar
2021-09-10T11:58:11+01:00
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CrossTower is betting on the growing crypto market in India despite uncertainty over the legal status of Bitcoin in the country.
US crypto exchange CrossTower expands to India
Helen Partz
2021-09-09T13:12:11+01:00
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A former deputy governor of the RBI sees cryptocurrencies as a taxable asset or commodity.
Former reserve bank official pushes for India to accept crypto
Martin Young
2021-09-08T04:08:56+01:00
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Following crypto exchange CoinDCX’s breakthrough to unicorn status this summer, CoinSwitch Kuber is rumored to be next in line — at a valuation close to twice t...
Report: CoinSwitch Kuber poised to become India's second crypto unicorn
Marie Huillet
2021-09-07T10:51:51+01:00
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India’s central bank is carefully considering the merits of issuing a digital rupee, while CBDC exploration continues to gather steam across the globe.
India CBDC pilot may commence in December, says RBI governor
Osato Avan-Nomayo
2021-08-27T10:26:01+01:00
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