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
GARI token was launched by Salman Khan, an A-list celebrity from Bollywood, with an aim to help Indian creators monetize their content over a short video applic...
Bollywood A-lister-backed GARI token plunge sparks rug pull rumors
Arijit Sarkar
2022-07-05T12:22:08+01:00
4518
News
Indian crypto traders may be giving up since they must now factor in a 30% income tax and a 1% tax per transaction on crypto trades, forcing exchange volume to ...
Indian crypto trading volumes slump following hefty taxes
Brian Newar
2022-07-05T03:10:36+01:00
2431
News
India's central bank has been a vocal critic of cryptocurrencies over the years; it previously stated that CBDCs could thwart the adoption of digital assets.
Reserve Bank of India ranks crypto near the bottom of systemic risks despite harsh criticism
Zhiyuan Sun
2022-06-30T17:30:00+01:00
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Video
The Bitcoiner had visited eight different countries out of his goal of forty and was in Africa at the time of Cointelegraph’s interview.
Crypto Stories: YouTuber Paco de la India explains his travels using Bitcoin
Turner Wright
2022-06-24T22:15:00+01:00
2878
News
“One of the reasons it is so successful is because it's simple,” he added while comparing the Unified Payments Interface’s (UPI) growth with blockchain technolo...
CBDCs can “kill” private crypto: India’s RBI deputy governor to IMF
Arijit Sarkar
2022-06-04T07:29:40+01:00
5640
News
Prada Timecapsule is set to launch on Thursday, Eurovision Winners Kalush Orchestra raised 50 ETH for Ukraine, P2E games see a rise in developing regions, and R...
Nifty News: Prada launches new fashion NFT, P2E games witness growth in India
Tom Farren
2022-06-01T19:07:00+01:00
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News
The document, which could define a national framework for digital assets, is almost ready.
India cooperates with IMF on crypto consultation paper
David Attlee
2022-05-31T12:18:21+01:00
1933
News
Halfway through 2022, at the proof-of-concept stage, RBI is in the process of verifying the feasibility and functionality of launching a CBDC.
India to roll out CBDC using a graded approach: RBI Annual Report
Arijit Sarkar
2022-05-28T06:05:22+01:00
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