Over 15 million investors, with most of them between 18-34 years, are exposed to…

The post Indians Invested $40Bn in Crypto This Past Year, Up from $200M- Report appeared first on Coin Journal.

Existing law in India could mandate a 2% levy on cryptocurrency purchases from offshore-based exchanges servicing India’s market.

Authorities in India are reportedly weighing up options concerning crypto regulations in the country.

Indian tech leader Nandan Nilekani has joined the chorus of people encouraging greater crypto adoption in the country. Meanwhile, issues concerning cryptocurrency regulations remain unclear in India with several conflicting communique from state authorities. There is a Role for Crypto According to a report by the Financial Times on Monday (June 7, 2021), Nilekani, chairmanRead More

India's central bank still considers cryptocurrencies as highly risky assets, despite the recent positive clarifications.

A new official notice published by the Reserve Bank of India (RBI) has positively impacted crypto enthusiasts in India as the central bank pointed out that a previous circular preventing banks from making business with crypto industries is no longer valid. The notice was addressed to all commercials and cooperative banks, payment banks, small finance [...]

The post Reserve Bank of India (RBI) Says Crypto Businesses OK for Indian Banks appeared first on Blockonomi.

The Reserve Bank of India (RBI) told banks not to rely on an old circular that restricted them from working with crypto companies.

India’s Central Bank (RBI) has ordered commercial banks to not in any way hamper crypto trading in a new circular. “It has come to our attention through media reports that...

The Indian government is considering putting together a new panel of experts to discuss cryptocurrency regulations in India.

The post Fresh Expert Panel Could Debate Crypto Ban in India appeared first on BeInCrypto.

While uncertainties surround India’s cryptocurrency industry with rumors about an impending ban on crypto ownership, the country’s Finance Minister stated that the government was not going to block all options regarding cryptocurrency.  To Ban Crypto or Not? Speaking in an interview at a conclave by India Today, Nirmala Sitharaman said that the Finance Ministry wasRead More

Indian crypto exchanges have pooled their resources together and launched a campaign to gain support from as many parliament members as possible about the upcoming anti-cryptocurrency regulation. The anti-crypto bill is listed to soon be introduced in parliament. It seeks to prohibit cryptocurrencies while creating a digital rupee framework to be issued by the Reserve […]

Read full post Indian crypto community launches a campaign against the upcoming anti-crypto bill. on Chaintimes.com.

Allan Flynn, a Bitcoin trader in Australia, has filed a complaint against two commercial banks ANZ and Westpac, accusing both of systematic discrimination. According to the Australian Financial Review report, Flynn is seeking compensation to the tune of 250,000 Australian dollars (about $192,000). According to Flynn, he has been the victim of discriminatory practices, with banks […]

Read full post Australian crypto exchange operator accuses banks of discrimination. on Chaintimes.com.