India

Exchanges

How a Bitcoin Exchange Is Surviving the Central Bank Crackdown in India

Indian regulators' clampdown on crypto firms is forcing exchange Unocoin to experiment with ATMs and stablecoins to continue receiving fiat deposits.

Business  ·  18 October 2018
Regulation

India’s Central Bank Denies ‘Formal Creation’ of Blockchain Unit

The Reserve Bank of India has denied officially forming a new unit to research AI and blockchain technology, despite reports to the contrary.

Policy & regulation  ·  30 September 2018
India

Dell Eyes Blockchain Investment to Boost Business Growth

Dell subsidiary Dell EMC is looking into blockchain technology as a way to draw more customers to its server business.

Business  ·  27 September 2018
Crime

Cryptojacking Scripts Found on Local Indian Government Sites

Municipal government websites in Andhra Pradesh are running cryptojacking scripts, a group of security researchers found earlier this month.

Policy & regulation  ·  17 September 2018
Exchanges

Indian Central Bank Argues Cryptos ‘Not Valid’ as Currency in Court Battle

The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency.

Policy & regulation  ·  13 September 2018
India

Indian Government Approves Bank’s Blockchain Research

India's top executive body has granted approval for the Exim Bank to conduct research into how blockchain technology may benefit the financial sector.

Business  ·  12 September 2018
Europe

TransferGo Opens Payments Corridor to India Using Ripple Tech

Payment provider TransferGo has announced it is launching a remittance corridor to India that uses Ripple technology for near real-time transactions.

Tech  ·  5 September 2018
Exchanges

India Eyes State Digital Currency to Cut $90 Million Banknote Bill

The Reserve Bank of India is mulling a central bank digital currency as a means to reduce the country's huge spend on minting physical cash.

Policy & regulation  ·  30 August 2018
Crime

Senior BitConnect Promotor Arrested by Indian Authorities

Former BitConnect India head Divyesh Darji was arrested at Indira Gandhi International Airport in New Delhi on Sunday.

Policy & regulation  ·  20 August 2018
India

Indian State Partners with Mahindra to Build ‘Blockchain District’

An Indian state is working with Tech Mahindra to build a new district within the state capital dedicated to incubating blockchain startups

Markets  ·  6 August 2018
Brazil

BRICS Bank Consortium to Research Blockchain Applications

BRICS nations' state-owned development banks plan to research blockchain technology for international transactions and other products.

Business  ·  26 July 2018
Regulation

India’s Supreme Court Pushes Crypto Banking Ban Hearing to September

A Supreme Court decision on the Reserve Bank of India's efforts to bar crypto firms from receiving banking services has been pushed to September.

Policy & regulation  ·  20 July 2018
Bitcoin

India’s Ruling Party Accused of Involvement in ‘Mega Bitcoin Scam’

The largest political party in India is accusing the ruling Bharatiya Janta Party (BJP) of being involved in a bitcoin scam to launder money.

Markets  ·  6 July 2018
Exchanges

Crypto Exchanges Are Already Adapting to India’s Bank Account Ban

As the Indian Supreme Court declined to end the Reserve Bank of India's crypto curb, exchanges in India are taking different actions.

Markets  ·  5 July 2018
Cryptocurrency

Court Says India’s Crypto Exchange Bank Account Ban Will Continue

India's central bank won a key victory in court this week.

Policy & regulation  ·  3 July 2018