Telecoms company Jio wants to build the blockchain system over the next 12 months, its managing director has revealed.
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
- Hodler’s Digest
by Thomas Simms
Naughty North Korea has stolen billions in crypto, India could be missing out on billions in crypto, and Litecoin’s halving disappoints.
- News
A blanket ban on cryptocurrencies has been reportedly recommended by an Indian government panel.
- News
Founder of Indian cryptocurrency exchange Cryptokart Gaurang Poddar announced that the company is shutting down.
- News
The billionaire investor appeared to stand up for internet freedom in India, but his comments gained little appreciation.
- News
Draft legislation that would allegedly impose a ban using cryptocurrencies in India is being circulated by local blockchain legal experts on social media.
- News
Indian authorities expressed concerns over Facebook’s long-awaited stablecoin Libra.
- News
by Thomas Simms
India’s proposed laws to introduce a 10-year jail term for dealing in cryptocurrency have been listed as a factor in Koinex’s closure.
- News
by Helen Partz
Facebook has reportedly not applied for approval to operate its cryptocurrency in India with the RBI
- News
by Helen Partz
HSBC has deployed tokenization tech in its receivables infrastructure for corporate clients in India.
- Follow up
India is hit with its latest wave of speculations, as rumors of a full crypto ban emerge, yet remain unconfirmed by its reserve bank.
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