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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. Go to Source Powered by WPeMatico
The Indian government is reportedly considering taking “the ordinance route” to quickly pass the cryptocurrency bill. “The government is of the firm view that they want to introduce the law within a month of clearance of the ordinance,” a local news outlet detailed. Indian Government Seeks to Quickly Pass Crypto Bill All eyes are on … Read more
The Indian government has clarified its position on cryptocurrency and the country’s digital currency in answers provided by the Ministry of Finance in Rajya Sabha, the upper house of India’s parliament. The Indian crypto industry sees this clarification as positive news and that the government is unlikely to impose an outright ban on cryptocurrencies, including … Read more
The Indian government has finally moved forward with a cryptocurrency bill. Entitled “The Cryptocurrency and Regulation of Official Digital Currency Bill 2021,” the bill has been listed for consideration in the current parliamentary session of Lok Sabha, the lower house of India’s parliament. It seeks to create a framework for India’s official digital currency to … Read more
OKEx has launched a peer-to-peer trading platform and fiat onramp in India. Go to Source Powered by WPeMatico
Indian Prime Minister Narendra Modi has publicly endorsed blockchain as an investment opportunity. Go to Source Powered by WPeMatico
New funding from CoinFund will help Delta establish a further presence in the Indian market. Go to Source Powered by WPeMatico
RBI’s recent response to an information request shows that Indian banks are not prohibited from dealing with cryptocurrency business. Go to Source Powered by WPeMatico
Regulation is one of the biggest hurdles for crypto in India as exchanges continue the legal battle to establish a clear framework. Go to Source Powered by WPeMatico
The Indian cryptocurrency industry has been growing rapidly despite the nationwide lockdown and the coronavirus crisis. Two new cryptocurrency trading platforms are launching in India while existing crypto businesses seek clarification from the central bank, the Reserve Bank of India (RBI). New Cryptocurrency Trading Platforms Launching in India The crypto sector in India is showing … Read more
