The central bank said that it was not correct to say cryptocurrency is banned in India.
The Reserve Bank of India has previously refused to work with crypto companies, effectively strangling the crypto sector in India.
Qatar has purportedly banned the trading, transfer and storage of cryptos. The ban comes at a time when other Middle East countries are embracing cryptos.
Reports of a new crypto bill, “Banning of Cryptocurrency and Regulation of Official Digital Currencies,” surfaced that would completely ban digital currencies.
There is a rumor floating around that India’s government could completely ban cryptocurrencies but the chances of the ban are virtually nil.
Facebook is getting ready to launch its own blockchain, so it’s the perfect time to relax blockchain advertising rules.
South Korea will maintain its ban on initial coin offerings (ICOs), following analysis of a survey conducted by the country’s Financial Supervisory Service (FSS), on behalf of Korea’s chief financial regulator
The Indian government committee studying cryptocurrencies is likely to push for their legalization in its report to the Finance ministry.
It seems that cryptocurrency in India would have a slim chance of getting the green light following reports that the government is considering making it illegal to use cryptocurrencies completely.
Despite the Reserve Bank of India's attempts to keep cryptocurrency from taking a hold in the country, the sector is still moving forward, demonstrating the power crypto has and how it cannot be eliminated.
the People’s Bank of China (PBoC) has issued yet another notice to remind everyone in the country against investing in cryptocurrencies and initial coin offerings (ICOs) amid reports that domestic crypto activities have been flourishing recently.