Binance, the leading crypto exchange globally, announced on Thursday that it had joined India’s digital asset exchange committee under the Internet and Mobile Association (IAMAI). This comes a few months after the country’s Supreme court overturned an earlier decision by the Reserve Bank of India (RBI) to ban crypto operations. Since this development, Read more…
Ripple Labs Inc., an enterprise blockchain firm offering remittance to banks and financial institutions at large, has offered the Indian government a regulatory template to be able to keep up with the trends in the emerging cryptocurrency world to help the country maintain good standard in the world of fintech. Read more…
The Indian government is inching closer to banning cryptocurrencies after the Supreme Court junked a circular banning them that was issued by the Reserve Bank of India. However, cryptocurrency companies remain cautiously optimistic, saying India will likely follow developed countries in accepting crypto. In 2019, an inter-ministerial committee report recommended Read more…
Now, after courts in India reversed a near two-year effective bitcoin ban in March, bitcoin trading in the country is exploding—pushed higher by a country-wide economic slump and a coronavirus-induced lockdown. Bitcoin and crypto banking services platform Cashaa India saw its trading volume rocket by 800% in the two days after Read more…
Global decentralized cryptocurrency exchange Binance Group and WazirX are going to share the same stage to foster the growth of the Indian startup ecosystem. The collaboration has set up a $50 million (Rs 370 Crore) blockchain technology fund for India weeks after the Supreme Court struck down the curbs on cryptocurrency trade Read more…
It’s finally the time to cheer for India’s cryptocurrency investors and enthusiasts! On Wednesday, March 4, a three-judge bench ruled in favor of the petitions filed by crypto startups and exchanges who demanded lifting the ban on crypto trading. With this, India will be ending its two-year-long ban on cryptocurrency Read more…