Category: India

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Bitcoin Price Correlates With Traditional Assets, but Not Entirely

As Bitcoin plunges close to its lowest levels since 2018, many are convinced that BTC is heavily interlinked with traditional markets. Since coming to power back in 2016, President Trump seemed to have reinvigorated the United States stock market after it showed signs of slowing down throughout the first half of the previous decade. Just…
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Some Indian Banks Are Still ‘Arbitrarily’ Refusing to Process Crypto Transactions

Not all banks appear to be complying with the Supreme Court’s ruling in favor of providing services to crypto-related firms. Earlier this month, India’s Supreme Court delivered its verdict in a landmark case that promised to usher in a bullish era for cryptocurrency in the country.  The Court ruled to overturn a circular from the…
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Kraken Announces Plans to Expand Indian Operations As Crypto Ban Lifts

Kraken is planning to strengthen its presence in India following the Supreme Court’s recent verdict opening up cryptocurrency use in the country. The U.S. based crypto exchange Kraken will start to increase its operations in the Indian market following the recent ruling of the country’s Supreme Court to lift banks’ banning to do business with…
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PayPal CTO: Crypto Still Needs to Prove Itself to Catch On

Crypto developers must follow consumers closely if they want the industry to take off in a big way, Paypal’s chief technical officer has said. Crypto developers must follow consumers closely if they want the industry to take off in a big way, Paypal’s chief technical officer has said. Sri Shivananda — an eBay veteran who…
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Countries That First Outlawed Crypto but Then Embraced It

Top jurisdictions that have outlawed Bitcoin and cryptocurrencies are now starting to rethink their stance. As time progresses, the revolution of peer-to-peer digital currencies picks up speed. Now, countries like India and Iran, which previously had a harsh legal stance on cryptocurrencies, are warming up to the idea of adopting them. In India, for instance,…
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India Ban Overturned, BTC Owners Warned They’ll Lose Everything, Hodler’s Digest, Mar. 2–8

A controversial crypto ban overturned in India, the new Bank of England governor slams Bitcoin, and Jack Dorsey gets backing as Twitter CEO. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much…
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Steem Scandal, Blockchain Voting Fiasco & More: Bad Crypto News of the Week

Check the bad crypto news of the past week. So, how high is Bitcoin about to go? Analyst Willy Woo thinks it’s going to hit $135,000. It’s a “common-sense prediction” he told RT’s Keiser Report. Tim Draper is betting even higher. The venture capitalist has moved his money out of the stock market (too “frothy”)…
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India’s Crypto Bulls Roadshow Given Full Head of Steam by Ban Repeal

An upcoming Indian crypto roadshow has nearly doubled the number of cities it is visiting following the Supreme Courts repealing of the RBI crypto ban. The Indian Crypto Bulls Roadshow describes itself as a not-for-profit initiative that seeks to educate Indian citizens as to the emerging blockchain and cryptocurrency sectors. The roadshow was originally scheduled…
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India’s Crypto Industry Still Threatened by Ban as Pending Bill Looms

Dark clouds still loom for the Indian crypto industry, with a 2019 bill proposing a ban on virtual currencies still pending in India’s parliament. A pending bill may still inhibit cryptocurrencies from flourishing in India, with India’s parliament yet to rule on the “Banning of Cryptocurrency and Regulation of Official Digital Currency Bill” from 2019,…
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Supreme Court Post-Game: It’s a ‘Historic Day’ for Crypto in India

An Indian crypto analyst spoke to Cointelegraph about the Supreme Court’s landmark ruling against RBI’s ban on banks’ services to crypto firms. Earlier today, India’s Supreme Court delivered its verdict in a landmark case for cryptocurrency in the country.  A bench of three justices ruled that the Reserve Bank of India’s (RBI) ban on banks’…
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