Category Archives: Republic of India

Bitcoin and other cryptocurrencies in India (Republic of India – IN). Review, news, regulation by government, restrictions, interview, and analytics from

India’s Lift of Cryptocurrency Trading in the Context of COVID-19

The coronavirus pandemic is changing the global narrative about the crypto space, India is not the exception: What to expect in crypto law updates from India? In one of 2020’s biggest stories about cryptocurrencies so far, the Indian Supreme Court struck down a blanket ban on trading cryptocurrencies issued by the Reserve Bank of India [Read more…]

Countries That First Outlawed Crypto but Then Embraced It

As time progresses, the revolution of peer-to-peer digital currencies picks up speed. Now, countries like India and Iran, which previously had a harsh legal stance on cryptocurrencies, are warming up to the idea of adopting them. In India, for instance, the Supreme Court has struck down a blanket ban that was placed on banks dealing [Read more…]

Indian State Telangana Will Launch Blockchain Startups Incubator T-Block

Authorities of Indian state Telangana in cooperation with large educational institutions are going to launch startups incubator T-Block to support young cryptocurrency projects, as has got to know. According to Rama Devi, regional director of IT, electronics and communications, the initiative will be joined by Hyderabad International Institute of Information Technology and Indian Business [Read more…]

Indian Center NITI Aayog Published the Strategy of Blockchain Development in the Country

Indian research center NITI Aayog published a document about the strategy of blockchain development in the country, containing different variants of its usage in various spheres — investment platform learned. The document sets out the basic concept of blockchain: general notions, key functions of blockchain and its types, economical potential of smart contracts and Distributed [Read more…]

Zebpay Exchange Will Start Working in India Again

Zebpay, used to be one of the largest cryptocurrency exchanges in India, has announced this week that it will renew its operating in the country. New authority of the exchange is going to offer new services, as investment resource has found out. “Zebpay is coming back. A new team of managers, cryptocurrencies trading, trading without [Read more…]

Indian Prime Minister Modi Awards Young Entrepreneur for Cryptocurrency App

India’s Prime Minister Narendra Modi has awarded a young entrepreneur for her cryptocurrency price tracking application while the government is still deliberating on the country’s crypto policies. caught up with the award recipient to find out more about her app. Meanwhile, the Reserve Bank of India (RBI) is being challenged in the supreme court [Read more…]

Central Bank of India Has Claimed That There is no Ban on Cryptocurrencies in the Country

In Reserve Bank of India (RBI) they have claimed that the regulator has not banned cryptocurrencies, in fact. Thereby, RBI has stressed that established ban on servicing cryptocurrency business by financial institutions of the country is aimed to protect companies from risks related to digital assets trading — investment resource has learned. The position of [Read more…]

Kerala Outlines Plans to Become Blockchain Center in India

The Indian state Kerala is actively studying blockchain technology usage to improve a wide range of existing systems, financial as well. In the state thousands of people are already studying blockchain with an aim to become blockchain specialists, some of them have already finished their training – bitcoin doubler 2x has got to know. Kerala [Read more…]

India Ended Disappointing 2019 in Crypto. Will 2020 be Better?

In 2019 Indian government and central bank were putting a lot of efforts trying to suppress Bitcoin and other digital currencies. Together with this they were ignoring technological opportunities of blockchain. And such a policy slows down development of many country`s spheres. Investment platform notes that in the following year hostility from central banks is [Read more…]

Bitcoin in India – Regulation, Purchasing, Investing

For some time, the fate of cryptocurrency sphere in India has been in limbo. In April 2018, Central Bank of the country prohibited banks to exchange cryptocurrencies. And in July 2019, an inter-ministerial panel, set up to study bitcoins, led by the top bureaucrat Subhash Chandra Garg, recommended imprisoning those people, who even store Bitcoins [Read more…]