According to an unverified document that is allegedly the Draft legislation for cryptocurrency by the Indian regulators, the government will impose a ban on cryptocurrency use in the country. The document was published to Scribd by tech lawyer Varun Sethi on July 15...
The Criminal Investigation Department (CID) of India arrests the four creators of the cryptocurrency KBC Coin, alleging that KBC is a Ponzi Scheme, as per a report from the local publishing The Times of India on July 4. Launched 6 months ago, allegedly by Vijay...
Cryptocurrency ecosystem in India has been slowly suffocating due to the regulatory troubles in the country. Suppressed under the burden another cryptocurrency exchange Koinex wrapped up its operations.Earlier this month, the Indian government has taken a tough stance...
Indian police allegedly discovered a multi-million dollar cryptocurrency scam, involving a BitConnect promoter, as reported by local media outlet the Times of India on June 3.The Criminal Investigation Department (CID) in Gujarat, India, has accused a certain Divyesh...
Facebook is reportedly planning to test its virtual currency codenamed Libra in India, that will purportedly lend legitimacy to use of digital currency in the country. However, in terms of cryptocurrency, India is under dark clouds, casting doubts on the efficacy of...
Coinome, an Indian cryptocurrency exchange announces that it will be halting operations as of May 15, becoming yet another prey to the regulatory difficulties in the country. The exchange announced the development in an official tweet from the exchange on May 9.Indian...
Indian Tech Giant, Tech Mahindra will be employing a blockchain solution aimed at mitigating the issue of spam calls, as per an announcement made on Thursday. The new solution is in line with the Telecom Regulatory Authority of India (TRAI)’s regulations that...
The tussle between the Indian regulators and cryptocurrency intensifies as the government is reportedly going through inter-ministerial consultations for a draft bill that will purportedly ban cryptocurrencies, as reported by a local financial publication Economic...
According to a newly announced regulatory sandbox by the Reserve Bank of India (RBI), on April 18, the country now allows various applications based on blockchain technology, however, cryptocurrency-related projects are clearly excluded. Regulators around the world,...
Indian IT giant Tech Mahindra and Samsung SDS have reportedly partnered with each other in an attempt to enter the overseas blockchain market, as reported by The Korea Times on Sunday, April 14.SDS, the systems integration arm of Korean tech behemoth Samsung is...
