Cryptocurrency Analysis and News Portal
The Indian government is closely monitoring crypto advertisements, but is not weighting a ban on crypto ads at the moment, Finance Minister Nirmala Sitharaman said on Tuesday.The finance minister also said that the government’s crypto bill, which is due to be submitted during the current parliamentary session, is based on
Read More
The Indian government has answered three sets of questions in parliament regarding bitcoin transactions, the high-profile bitcoin scam in Karnataka, and the legality of cryptocurrency trading and crypto exchanges in India. Meanwhile, the winter session of parliament has begun and a crypto bill is expected to be taken up during
Read More
CoinDCX, India’s first crypto unicorn, plans to go for a listing, once regulations permit it do so, co-founder Neeraj Khandelwal said in an interview with Bloomberg Television on Monday.India’s crypto industry is facing serious regulatory uncertainty, thanks to a proposed bill that plans to ban most forms of private cryptocurrencies.The
Read More
Tether (USDT), the world’s largest stablecoin by market value, has turned volatile on Indian exchanges amid renewed regulatory uncertainty. And savvy traders are profiting from the price instability.The cryptocurrency launched to help mitigate volatility associated with other digital assets should always be worth $1 or rupees (₹) 74.37, as per
Read More
The Indian government will be considering a bill which would create a digital rupee starting as early as next week, but may also ban certain cryptocurrencies in the country.According to a Nov. 23 publication, India's lower house of parliament, Lok Sabha, will consider The Cryptocurrency and Regulation of Official Digital
Read MoreThe Indian government still seeks to ban most cryptocurrencies under a long-awaited cryptocurrencies bill submitted for consideration at Parliament’s so-called Winter Session.While the measure appears to be essentially the same as the draft bill submitted in January, expectations had grown in recent months that the government had softened its view
Read More
India appears to be taking a progressive stance on Bitcoin (BTC). Especially given the fact that the country is attempting to reach a uniform viewpoint on the categorization and legality of this new asset class.Amid a slew of cabinet meetings, industry debriefings and mounting banking issues, the country's prime minister
Read More
“I think somewhere it was said that at least by the first quarter of next year, a pilot could be launched. We are bullish on that,” said P. Vasudevan, chief general manager at the Department of Payment & Settlement of the RBI, said at the State Bank of India’s Banking
Read More
Author profile Monika is a tech journalist. She is an avid reader fascinated by classic English literature and enjoys painting and cooking. When her head is not buried behind a book, she writes about technology like cryptocurrency, blockchain, AI and more. Author's profile on Twitter @themonsoonchild Author's profile on LinkedIn Monika Ghosh Source
Read More
“The blockchain technology has been there for ten years and can grow without cryptocurrencies,” RBI Governor Shaktikanta Das said at the SBI Banking and Economics Conclave on Tuesday. “When the central bank says we have serious concerns from the point of view of macroeconomic and financial stability, there are far
Read More