Experts divided on how far India’s ‘private crypto’ ban will go
Previous documents from the Indian government indicate that it believes any cryptocurrencies not issued by the government are considered private, and therefore could be banned.
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Crypto prices in India tumble after crypto bill announced
The token prices on the Indian crypto exchange WazirX crashed following the announcement of a bill that would ban all private crypto.
India’s Prime Minister Narendra Modi Urges Countries to Collaborate on Bitcoin, Cryptocurrency
The prime minister of India, Narendra Modi, has urged democratic countries to work together to ensure that cryptocurrency, particularly bitcoin, does not end up in the wrong hands. Meanwhile, the…
India’s Central Bank RBI Reiterates ‘Serious Concerns’ About Crypto — Governor Doubts Reports on Indian Crypto Investors
India’s central bank, the Reserve Bank of India (RBI), still has “serious concerns” about cryptocurrency from a macroeconomic and financial stability standpoint. Furthermore, RBI Governor Shaktikanta Das says he doubts…
Indian Payments Giant Paytm Could Offer Bitcoin Services if Government Makes Crypto Legal, Says CFO
Paytm, one of India’s largest payments companies, is open to offering bitcoin services if the crypto asset becomes legal in the country, according to its chief financial officer. If bitcoin…
Indian government is reportedly considering regulating crypto as a commodity
Officials from India's Finance Ministry said any potential law on cryptocurrencies would likely come around the time the government submits the Union Budget of India in February.
Investment Advisers Prohibited From Crypto Activities in India, Regulator Warns
The Securities and Exchange Board of India (SEBI) has issued a warning that registered investment advisers are not allowed to engage in unregistered activities. This warning includes crypto activities since…
Indian university joins Hedera decentralized governance council
The Indian Institute of Technology Madras will test use cases around the Hedera Token Service, a public blockchain for payments.
India’s Central Bank RBI Still Has ‘Serious Concerns’ About Cryptocurrency
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, has once again expressed concerns regarding the impact of cryptocurrencies on India’s financial stability. Crypto Presents ‘Serious Concerns’ to…
India’s Cryptocurrency Legislation Will Be ‘Distinct and Unique,’ Says Lawmaker
The chairman of India’s Parliamentary Standing Committee on Finance explains that cryptocurrency legislation in India will be “distinct and unique.” He added, “We have to balance stability and growth but…