India

Crime

Former Indian Lawmaker Declared ‘Offender’ in Bitcoin Extortion Case

A former Indian politician allegedly involved in a $1.3 million bitcoin extortion case has been declared a "proclaimed offender" by a local court.

Policy & regulation  ·  19 June 2018
Regulation

India’s Central Bank Stays Mum on Crypto Ban Reasoning

The RBI has responded to a query about why it moved to block banks from dealing with crypto businesses earlier this year.

Markets  ·  12 June 2018
Regulation

Indian Telecoms Watchdog to Combat Nuisance Calls with Blockchain

India's telecoms regulator plans to leverage blockchain technology to combat unsolicited phone calls and SMS messages.

Policy & regulation  ·  30 May 2018
Regulation

India Considers New Tax on Cryptocurrency Trades

India could soon impose goods and services tax (GST) on many digital currency transactions, a report indicates.

Policy & regulation  ·  23 May 2018
Regulation

India’s Supreme Court to Hold Crypto Lawsuit Hearing in July

The Supreme Court of India has decided to hear crypto-related cases with respect to the news from RBI stopping banks from dealing with cryptos.

Policy & regulation  ·  22 May 2018
Crime

Police Mandate Use of Blockchain Hotel Registry in Indian City

Police in the Indian city of Vizag have ordered hotels to deploy a new blockchain security solution.

Policy & regulation  ·  4 May 2018
Exchanges

Crypto Exchange Coinsecure Says Theft Probe Is Holding Up Refunds

Cryptocurrency exchange Coinsecure said it was not yet legally able to refund its customers due to an ongoing investigation.

Policy & regulation  ·  1 May 2018
Bitcoin

Another Police Official Arrested In Alleged Bitcoin Extortion Plot

A police superintendent has been arrested in India on suspicions that he is connected to an extortion scheme against a local businessman.

Policy & regulation  ·  24 April 2018
Regulation

Indian High Court to Hear Case Against Central Bank Crypto Ban

The High Court of Delhi has recognized a petition over the Reserve Bank of India's ban on banks engaging with cryptocurrency services.

Policy & regulation  ·  23 April 2018
India

250 Corporates Join ICICI Bank Blockchain Test

Indian private bank ICICI Bank has on-boarded more than 250 corporate firms to undertake trade finance transactions on blockchain network.

Business  ·  18 April 2018
India

Cognizant Teams with 14 Insurers on Blockchain Data-Sharing Platform

Cognizant has partnered with a group of Indian insurance firms to develop a blockchain solution for cross-company data sharing.

Policy & regulation  ·  17 April 2018
Exchanges

Bitcoin Exchange Implicates Employee In $3 Million Theft

Indian cryptocurrency exchange Coinsecure has announced the theft of nearly $3.3 million in bitcoin.

Markets  ·  13 April 2018
India

IT Giant Tech Mahindra Joins India’s Early Blockchain ‘Bulls’

Blockchain startup ChromaWay and India-based Tech Mahindra have partnered to bring new solutions to the Indian market.

Policy & regulation  ·  12 April 2018
Regulation

Crypto Tax Support Is Coming Slowly to India

A partnership finds two India-based startups seeking to provide tools to crypto users who may need to report gains and losses on their 2018 taxes.

Policy & regulation  ·  11 April 2018
Crime

Indian Government Think Tank Trials Blockchain to Combat Fake Meds

An Indian government think tank is working on a blockchain solution aimed to combat the country's roaring counterfeit drugs trade.

Policy & regulation  ·  10 April 2018