India has witnessed massive growth in cryptocurrency investments in the last year The country has seen a rise from $200 million to over $40 billion worth of investments in digital currency Bitcoin (BTC) holdings are being viewed as digital gold by the citizens India’s Cryptocurrency Investment Surge Despite strict regulatory measures looming over the digital
Indian tech leader Nandan Nilekani has joined the chorus of people encouraging greater crypto adoption in the country. Meanwhile, issues concerning cryptocurrency regulations remain unclear in India with several conflicting communique from state authorities. There is a Role for Crypto According to a report by the Financial Times on Monday (June 7, 2021), Nilekani, chairmanRead More
A new official notice published by the Reserve Bank of India (RBI) has positively impacted crypto enthusiasts in India as the central bank pointed out that a previous circular preventing banks from making business with crypto industries is no longer valid. The notice was addressed to all commercials and cooperative banks, payment banks, small finance [...]
India’s Central Bank (RBI) has ordered commercial banks to not in any way hamper crypto trading in a new circular. “It has come to our attention through media reports that...
While uncertainties surround India’s cryptocurrency industry with rumors about an impending ban on crypto ownership, the country’s Finance Minister stated that the government was not going to block all options regarding cryptocurrency. To Ban Crypto or Not? Speaking in an interview at a conclave by India Today, Nirmala Sitharaman said that the Finance Ministry wasRead More
Indian crypto exchanges have pooled their resources together and launched a campaign to gain support from as many parliament members as possible about the upcoming anti-cryptocurrency regulation. The anti-crypto bill is listed to soon be introduced in parliament. It seeks to prohibit cryptocurrencies while creating a digital rupee framework to be issued by the Reserve […]