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Posts published in “Indian”

Indian Supreme Court Pushes Crypto Case Against RBI to End of February

The case against the crypto banking ban by the Reserve Bank of India (RBI) was unexpectedly heard at the country’s supreme court on Thursday. However, senior advocates for the parties were reportedly absent, so a new date has been set and the crypto case will…

How Indian Crypto Users Avoid Banks Closing Their Accounts

Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the…

Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy

An Indian bank is reportedly forcing customers to agree that they “will not deal with any transactions related to cryptocurrency including bitcoins” when signing up for an account. In addition, there are reports of banks blocking accounts of their existing customers if they are found…

Indian Cryptocurrency Exchange in 45 Countries Sees Strong Demand in Venezuela

An Indian cryptocurrency exchange, which is now live in 45 countries, reports that it is “seeing immense enthusiasm and buyer activity in Venezuela,” a spokesperson for the exchange told news.Bitcoin.com. Compared to other countries, “Venezuelans are looking more at the longer-term yield of bitcoin.” Also…

Report: Indian Government Updates Progress on Crypto Regulation

The Indian government has reportedly provided an update on its progress toward the country’s regulatory framework for cryptocurrencies. The government provided its latest stance in areas such as the national cryptocurrency and licensing of crypto businesses. It is pursuing crypto regulations “with due caution,” according…

Indian Government Will Cautiously Approach To Regulating Crypto

Following the many happenings around crypto regulation in India, the Indian government is again in our blockchain news for announcing to approach crypto regulation with caution according to the Minister of State in the Ministry of Finance and Ministry of Shipping. The government is really…

Indian Exchanges End Year With Improved Services, Optimism About Regulation

As the Indian government deliberates over cryptocurrency regulation, positive sentiment grows among local crypto exchanges regarding their government’s eventual decision. A number of them have also added new features and improved services such as offering interest on crypto deposits, increased liquidity, and better security. Also…

Indian Crypto Exchange Sees Record Trading Volumes Amid Regulatory Uncertainty

Despite regulatory uncertainty and banking restriction imposed by the country’s central bank, an Indian cryptocurrency exchange is seeing record trading volumes every month. The CEO of Wazirx told news.Bitcoin.com that the recent uptick in crypto prices has prompted a lot of Indians to start trading again. Also…

Indian Government Expects to Finalize Crypto Bill Next Month

The Indian government has reportedly filed an affidavit with the country’s supreme court detailing its progress on cryptocurrency regulations. “Serious efforts are going on” to prepare the draft crypto bill and report, the government explained. The two are expected to be discussed by the inter-ministerial…

18yo. Indian Teen Threatens To Blow Up Miami Airport After Losing Bitcoin

In what seemed like an epic drama, an 18-year old Indian teen has yesterday threatened to blow up the Miami International Airport (MIA) in an attempt to avenge the stolen Bitcoin. The retaliatory move was supposedly a revenge attempt aimed towards FBI’s uncooperative stance to…

India Is Discussing A Potential Ban On The Use Of Cryptocurrencies

In the latest news about regulation on our DC Forecasts crypto news site, India is in the focus – and its government which has reportedly started discussing the framework to legally ban the usage of “private” cryptocurrencies such as Bitcoin. The 19th meeting of the…