Latest News Of India Tag

New crypto framework suggested by lawmakers in India

Business 1 day ago

New crypto framework suggested by lawmakers in India

India announced about three weeks ago that new cryptocurrency regulations could be introduced this month. While that still hasn’t happened, there at least appears to be some movement on the front. The panel that was ...

Read More
India could introduce crypto regulations in December

Business 3 weeks ago

India could introduce crypto regulations in December

It’s one thing to change an idea based on new facts or evidence. It’s something completely different to flip-flop back and forth when the facts have remained the same the entire time. However, that’s exactly ...

Read More
Million-dollar crypto Ponzi scheme in India busted

Business 4 weeks ago

Million-dollar crypto Ponzi scheme in India busted

A cryptocurrency Ponzi scheme operating out of India has now been stopped in its tracks. The Bangalore-based Ambidant Marketing and Investment Company, which was run by father and son team Syed Fareed and Syed Afaq ...

Read More
India could ban everything crypto

Business 1 month ago

India could ban everything crypto

India’s position on cryptocurrency continues to slide downhill. At the beginning of 2018, the country was relatively warm toward the industry, but when the Reserve Bank of India (RBI) instituted a ban on its banks ...

Read More
Hitachi, State Bank of India to develop ‘future ready’ digital payments platform

Business 1 month ago

Hitachi, State Bank of India to develop ‘future ready’ digital payments platform

Digital payments is coming to India, a country considered to be one of the largest cash dependent nations in the world. This week, Hitachi Payments announced that it has entered into a joint venture with ...

Read More
India Supreme Court directs gov’t to give position on cryptocurrency

Business 2 months ago

India Supreme Court directs gov’t to give position on cryptocurrency

The Indian government must release its finding on cryptocurrencies within two weeks, as ordered by the country’s Supreme Court that is currently hearing petitions against the present ban on cryptocurrency-related companies dealing with banks. Cryptocurrency ...

Read More
Police seize India’s first crypto ATM, arrest Unocoin co-founder

Business 2 months ago

Police seize India’s first crypto ATM, arrest Unocoin co-founder

That didn’t take too long. The keypad on India’s first crypto ATM wasn’t even broken in and the money machine has already been removed. According to a report by the Times of India, police have ...

Read More
First crypto ATM appears in India despite central bank clampdown

Business 2 months ago

First crypto ATM appears in India despite central bank clampdown

The cryptocurrency industry in India is thriving despite the central bank's rigid stance against it. On Oct. 14, the South Asian country had its first crypto ATM installed in Bengaluru's Kemp Fort Mall. The crypto ...

Read More
India’s Zebpay sets up overseas operations

Business 2 months ago

India’s Zebpay sets up overseas operations

After suspending its trading operations in India, cryptocurrency exchange Zebpay is reportedly setting its sights on “global domination.” Zebpay has yet to make an official announcement about its overseas operations plans. However, Indiabits tweeted last ...

Read More
Indian authorities track down prolific ‘Kassh coin’ crypto scammer

Business 2 months ago

Indian authorities track down prolific ‘Kassh coin’ crypto scammer

Authorities in India have finally caught up with a prolific cryptocurrency scam artist, alleged to have been involved in a number of scams affecting dozens of investors in the country. In a major coup for ...

Read More
Reserve Bank of India refutes claims of crypto, blockchain probe

Business 2 months ago

Reserve Bank of India refutes claims of crypto, blockchain probe

At the end of August, rumors surfaced that the Reserve Bank of India (RBI) had secretly created a division that was involved in the research and creation of regulations for emerging technologies, including blockchain and ...

Read More
Zebpay trading shuts down amid regulatory pressure in India

Business 2 months ago

Zebpay trading shuts down amid regulatory pressure in India

One of the largest cryptocurrency exchanges in India, Zebpay, has called it quits. Last week, Zebpay announced that it is ceasing all digital currency-related trading on its platform, effective Sept. 28. The exchange cited the ...

Read More