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
An internet startup association in India has asked the government to define cryptocurrencies like Bitcoin as digital assets and not currencies.
Indian startup organization proposes regulatory framework for crypto
Helen Partz
2021-05-06T13:45:11+01:00
6831
News
COVID-19 has infected more than 17.6 million people in India. A crypto-based relief fund is raising millions to help the country cope with the disaster.
Polygon co-founder raises $2.2M for India COVID-19 relief
Sam Bourgi
2021-04-27T19:15:00+01:00
8511
News
Vitalik Buterin made the donation after the co-founder of Polygon set up a charity drive to aid COVID-19 relief amid India's second coronavirus wave.
Ethereum creator donates 100 Ether and Maker to Indian COVID-19 relief
Greg Thomson
2021-04-26T13:39:44+01:00
6951
Analysis
Indian officials are switching their stance on crypto, but the country’s regulatory environment may have additional bottlenecks in store.
Mercurial on crypto: Will India’s latest stance lead to positive regulation?
Anupam Varshney
2021-04-26T11:05:38+01:00
25477
Expert Take
Amid the COVID-19 pandemic, the role of digitalization has become central to achieving sustainability and lessening climate change.
Asia-Pacific’s solarized digitalization agenda in pandemic times
Selva Ozelli
2021-04-24T08:12:00+01:00
6153
News
Coinbase has started hiring in India despite rumors of an impending ban on crypto in the country.
Coinbase hires former Google Pay exec to lead India operations
Helen Partz
2021-04-22T10:37:58+01:00
5382
News
Cryptocurrency is taking off in India despite regulatory fears, which many are now dismissing as nothing but FUD.
Why cryptocurrency is booming in India despite national ban fears
Greg Thomson
2021-04-12T14:10:33+01:00
9434
News
Tech Mahindra wants to provide U.S. banks with a stablecoin solution after the OCC authorized federally chartered banks to use stablecoins for settlement in Jan...
Indian IT giant Tech Mahindra to launch stablecoin tool for banks
Helen Partz
2021-04-06T13:48:16+01:00
11712

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