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
A peer-to-peer marketplace based on PowerLedger's blockchain technology will enable consumers and prosumers to trade their surplus rooftop solar energy.
Public, private actors in Delhi trial blockchain-based solar energy trading
Marie Huillet
2021-03-03T09:57:48+00:00
5097
News
Unicas is planning to open 50 banks in India by the end of the year, but a proposed bill banning crypto could complicate matters.
Crypto bank opens physical location in India's capital as potential regulatory ban looms
Turner Wright
2021-03-01T16:30:00+00:00
10286
News
The Reserve Bank of India has described central bank digital currencies as a mixed bag in its report on currency and finance for 2020 to 2021.
Central bank digital currency a mixed blessing, says RBI
Osato Avan-Nomayo
2021-03-01T12:59:07+00:00
5703
News
India's largest cryptocurrency exchange will use Unstoppable Domains to create and host blockchain-based URLs, despite the nation's impending Bitcoin ban.
India’s largest crypto exchange adopts decentralized Unstoppable Domains
Greg Thomson
2021-02-25T04:00:00+00:00
17376
News
The Reserve Bank of India is getting ready to launch its own central bank digital currency.
India's central bank ‘very much in the game‘ with digital currency project
Osato Avan-Nomayo
2021-02-24T09:21:00+00:00
7307
News
The man known as India's Warren Buffet is eager for a blanket ban on all cryptocurrencies and believes the Bitcoin “party” will result in a terrible hangover fo...
India’s Warren Buffet says Bitcoin hangover will be worse than the party
Greg Thomson
2021-02-23T13:35:50+00:00
13662
News
A major government-owned bank, the State Bank of India, has become the first Indian bank to join JPMorgan’s blockchain network, Liink.
State Bank of India joins JPMorgan’s blockchain payments network
Helen Partz
2021-02-23T09:57:36+00:00
20370
News
The Securities and Exchange Board of India may force promoters of initial public offerings to ditch crypto.
India securities regulator to reportedly bar IPO promoters from holding crypto
Osato Avan-Nomayo
2021-02-22T11:29:52+00:00
11684

Follow us on Facebook