India

India

Consensus 2017: EU, India Governments See Path to Global Blockchain Adoption

Speakers during the opening panel of Consensus 2017 agreed that blockchain is set to go global – but differed on how the technology will get there.

Markets  ·  22 May 2017
India

India’s Kotak Mahindra Bank Completes Blockchain Trade Finance Test

The latest blockchain trade finance trial in India showcases how the use case is now gaining global interest among enterprises.

Business  ·  17 May 2017
Exchanges

Zebpay Aids Indian Police After Bank Thieves Buy Bitcoin

Indian bitcoin exchange Zebpay has had its bank account unfrozen following a state investigation into a bank hack, the startup said today.

Policy & regulation  ·  28 April 2017
Volatility

How Cashaa Exploits Bitcoin Price Differentials for Remittances

Who said bitcoin's volatility is bad? A new remittance service is showing how price differentials could power cheap money transfers.

Markets  ·  22 April 2017
Regulation

India’s Bitcoin Startups Speak Out As Government Debates New Rules

A group of local bitcoin and blockchain businesses has a message for India’s government: hear us out.

Policy & regulation  ·  17 April 2017
India

India’s Government to Consider New Digital Currency Rules

India's government is taking steps to develop a digital currency strategy in the wake of earlier controversies this year.

Markets  ·  12 April 2017
India

Blockstream Hires Ex-BTCC Exec in Global Market Push

Blockchain development startup Blockstream has added a new executive, poaching a C-level hire from one of China's 'Big Three' bitcoin exchanges.

Business  ·  12 April 2017
India

Indian Narcotics Agent Accused of Stealing Seized Bitcoins

Reports are emerging that an agent for an Indian law enforcement agency has been arrested for stealing bitcoins tied to a drug bust. According to the Times of India, an officer for the Indian Narcotics Control Bureau (NCB) is alleged to helped steal more than 400 bitcoins originally confiscated during a 2015 seizure. Specifically, investigator Satyendra Kumar Singh […]

Markets  ·  10 April 2017
Bitcoin

Despite Reports, India’s Bitcoin Policy Hasn’t Changed

Media sources in India reported that the government had been deemed illegal, causing a stir that ultimately proved to be overblown.

Policy & regulation  ·  31 March 2017
India

Blockchain Academy to Launch in Indian State of Kerala

The Indian state of Kerala will soon have its own blockchain academy – the second such institution in the country.

Markets  ·  7 March 2017
India

Indian Central Banker: Potential of Blockchain Currencies ‘Overstated’

A deputy governor for the Reserve Bank of India critiqued digital currencies such as bitcoin in a speech today.

Markets  ·  1 March 2017
India

State Bank of India Launches New Blockchain Finance Consortium

India’s largest bank is spearheading 'Bankchain' – a newly unveiled consortium focused on blockchain applications.

Business  ·  16 February 2017
India

India’s Biggest Stock Exchange is Testing Blockchain KYC

India’s biggest stock exchange and a group of domestic banks recently collaborated on a know-your-customer data trial involving blockchain. The test involved the National Stock Exchange of India (NSE), ICICI Bank, IDFC Bank, Kotak Mahindra Bank, IndusInd Bank and RBL Bank, as well as HDFC Securities, a Mumbai-based brokerage. Blockchain startup Elemential provided the technology for the […]

Tech  ·  8 February 2017
India

As India Goes Cashless, its Central Bank Researches Blockchain

Following an increase in domestic bitcoin interest, a research center backed by India's central bank is now researching blockchain.

Tech  ·  11 January 2017
India

India’s Axis Bank to Launch Ripple Payments

India-based Axis Bank will soon leverage cross-border solutions offered by with distributed ledger startup Ripple.

Business  ·  9 January 2017