Category: India

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Three Days From Hearings Before India’s Supreme Court on Crypto Ban

Three days of the Supreme Court of India’s hearing on the ban on bank interactions with cryptocurrencies throughout the country. The Supreme Court of India has wrapped up the first three days in a hearing on a landmark case brought against the country’s central bank against its ban on banks’ dealings with cryptocurrency-related businesses. From…
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Indian Supreme Court Delays Hearing on Crypto Ban, Expects Slew of Comments

The Supreme Court of India has chosen to delay its full hearing of a high-profile case against the Reserve Bank of India’s ban on banks’ dealings with crypto-related businesses. The Supreme Court of India has chosen to delay its full hearing of a high-profile case against the Reserve Bank of India’s (RBI) ban on banks’…
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2019 to 2020: Insiders, Outsiders and Experimenters in Crypto Regulation: Part 2

An overview of the stances of China, Russia, India and the developing world toward crypto regulation in 2019. This is the second part of a three-part series that covers the regulatory landscape for digital currencies in 2019 and looks at the prospects of 2020. While the first chapter in the series looked at the “Insiders,”…
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India’s Payments Platform Varja Gets the Blockchain Ball Rolling

Permissioned blockchain platform Vajra developed by National Payment Corporation of India is set to change the local industry. While the Indian government is uncertain about the use of cryptocurrency, the National Payment Corporation of India, or NPCI, officially announced its permissioned blockchain-based platform, Varja, to make the payment process easier, faster and more transparent.  After…
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Thailand Integrates Blockchain to E-Visa System for Higher Security

Thailand, one of the most-visited countries in the world, will soon apply blockchain to its Electronic Visa On Arrival. Thailand, one of the most-visited countries in the world, will soon apply blockchain to its Electronic Visa On Arrival (eVOA). Thailand’s new blockchain-powered eVOA system intends to speed up and protect the digital visa application process…
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India’s Income Tax Department Is Secretly Training Its Officials to Investigate Cryptocurrencies

Here’s everything you wanted to know about how the Indian government addresses cryptocurrency. The Income Tax Department of India is secretly training its officials to investigate cryptocurrencies. An internal guidebook circulated by the department explains cryptocurrencies, their characteristics, the “dark side of Bitcoin” and the best investigation practices for tax officials. The Indian government doesn’t…
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Crypto Regulation: Is It Good or Bad for the Industry?

Some worry regulation will ruin crypto, others fear the industry will collapse without it. Who’s right, and what’s the way forward? It’s the issue that never seems to go away: regulation. Some crypto advocates insist it is good for the industry, paving the way for mainstream adoption among consumers and businesses alike. Others warn a…
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ConsenSys Is Shutting Down Offices in India and the Philippines

ConsenSys founder Joseph Lubin has reportedly informed teams in India and the Philippines that their offices would be closing down. Consensys founder Joseph Lubin has informed teams in India and the Philippines that their offices will be closing down. Consensys confirmed to Cointelegraph that local offices in India and the Philippines would indeed be shut…
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$50M of ETH Stolen, ‘Rare Opportunity’ for BTC: Hodler’s Digest, Nov. 25–Dec. 1

Upbit confirms 342,000 ETH has been stolen, Russia considers a ban on crypto payments, and five crypto exchanges close in China. 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 more —…
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Largest Indian State to Pilot Blockchain-Based Solar Energy Trading

The Indian state of Uttar Pradesh will pilot a peer-to-peer solar power trading project in partnership with Australian blockchain energy company Power Ledger. The Indian state of Uttar Pradesh (UP) will pilot a peer-to-peer (P2P) solar power trading project in partnership with Australian blockchain energy company Power Ledger. The state power utility UP Power Corporation…
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