News
A peer-to-peer marketplace based on PowerLedger's blockchain technology will enable consumers and prosumers to trade their surplus rooftop solar energy.
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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.
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Unicas is planning to open 50 banks in India by the end of the year, but a proposed bill banning crypto could complicate matters.
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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.
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India's largest cryptocurrency exchange will use Unstoppable Domains to create and host blockchain-based URLs, despite the nation's impending Bitcoin ban.
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The Reserve Bank of India is getting ready to launch its own central bank digital currency.
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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 for investors.
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A major government-owned bank, the State Bank of India, has become the first Indian bank to join JPMorgan’s blockchain network, Liink.
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The Securities and Exchange Board of India may force promoters of initial public offerings to ditch crypto.
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Former Coinbase chief technology officer Balaji Srinivasan has warned that India's impending ban on Bitcoin and other cryptocurrencies would be like banning the "financial internet."
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Just hours after an anonymous source claimed India would issue a blanket ban on all cryptocurrencies, Jack Dorsey and Jay-Z announced a 500 Bitcoin development trust.
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An anonymous Indian official has claimed the country’s parliament will soon introduce a blanket bank on crypto assets, and give hodlers three-to-six months to liquidate.
33608 - Follow up
The Indian crypto industry sees a brief panic over the government’s plans to ban “private cryptocurrencies” and explore the need for a CBDC.
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Government officials may be planning to introduce the law potentially banning crypto “within a month” of the ordinance clearing.
7792 - Opinion
There won’t be a better chance for India to unlock the full potential of blockchain tech in the digital media industry.
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Kumar Gaurav said "there is no way any government" can outright ban crypto given its nature as a global and decentralized system.
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