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Paytm Freezes Indian Bank Accounts Suspected of Cryptocurrency Trading: Report
11.8.2020
India’s largest mobile commerce platform Paytm has reportedly been freezing the bank accounts of users suspected of crypto trading, even though cryptocurrency, including bitcoin, is legal in India. The country still does not have a legal framework for cryptocurrencies but the government says...
India May Be Starting Its Biggest Bitcoin Bull Run Yet
11.8.2020
India’s crypto trade volumes have soared since the Supreme Court of India lifted banking restrictions for exchanges in March. According to Coin Dance's Paxful and LocalBitcoins volume data, India’s bitcoin peer-to-peer trade volume reached an all-time high in July
Mobile Crypto Scam Targets Wealthy Indian Investors
10.8.2020
Scammers are going to greater lengths than ever to acquire other people’s crypto
CoinDCX Becomes First India Exchange to Offer Users Crypto Staking
7.8.2020
Mumbai-based cryptocurrency exchange CoinDCX launched its new product on Friday, allowing users to stake cryptocurrencies from Harmony, Qtum and Tron
Bitcoin P2P Trading Soars in India as New Exchange Launches
6.8.2020
Bitcoin P2P trading volume in India has been growing rapidly, hitting record highs over the past weeks. Meanwhile, a new P2P trading platform has launched in India as the crypto industry awaits the government’s decision on a cryptocurrency law. P2P Trading Volume Soars in India Peer-to-peer...
OKEx Launches Indian P2P Trading Platform Despite Legal Uncertainty
5.8.2020
OKEx has launched a peer-to-peer trading platform and fiat onramp in India
Indian Government Actively Working Towards New Crypto Ban
5.8.2020
Five months after Indian courts lifted the blanket ban on crypto, an official said the government is considering a new law banning crypto
Government Official Updates Progress of India’s Cryptocurrency Law
4.8.2020
A government official has reportedly confirmed that a “note” regarding the legal framework for cryptocurrency in India has been forwarded to related ministries for inter-ministerial discussions. It would then be presented to the cabinet for approval. Status of Indian Crypto Bill...
Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report
3.8.2020
People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new security report by Microsoft. In its findings published July 29, Microsoft notes that although the number of similar attacks declined by 35% in 2019 from a year...
India Proposes Amnesty for Citizens Holding Unreported Gold
2.8.2020
The Indian Ministry of Finance has reportedly proposed an amnesty program for citizens holding unreported gold. The government plans to ask people to declare all their gold stashes to tax authorities and pay levies. The proposition has been made to Prime Minister Narendra Modi. New Gold Amnesty...
Indian Government Confirms Crypto Bill Is ‘Awaiting Approval’
31.7.2020
The Indian government has confirmed in a Right to Information (RTI) reply that the inter-ministerial committee’s cryptocurrency bill is “awaiting approval of the government.” The bill is currently being examined by various ministries. Indian Government’s Confirmation...
‘Huge Demand in India’ Spurs Zebpay to Launch OTC Bitcoin Trading Desk
30.7.2020
Indian cryptocurrency exchange Zebpay is launching an OTC bitcoin trading desk. The exchange has shared the details with news.Bitcoin.com, stating that “There is huge demand” among bitcoin traders and arbitrageurs in India for OTC desk services. Zebpay Sees Huge Demand for OTC Crypto...
Bitcoin Tops $11,000 Reigniting Interest in India
30.7.2020
A resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing...
Indian Users Almost 5 Times More Likely to Encounter Crypto Hacking: Microsoft Report
29.7.2020
According to a cybersecurity report by Microsoft, among countries in Asia-Pacific, Sri Lanka faces the highest rate of encounter with such attacks with neighboring India in second place
Cryptojacking Almost 5 Times More Prevalent in India Than Global Average
29.7.2020
A new Microsoft report states that India encounters the second-highest number of cryptojacking incidents in the APAC region
Is Bitcoin Mining Legal in India? Miners Still Don’t Know
28.7.2020
Following a recent Supreme Court decision, India's crypto industry is optimistic about the future. But miners still don't know if what they do is illegal
Uncertain Regulations Block Indian Banks’ Entry Into Crypto, Says Expert
24.7.2020
Blockchain.com’s head of research Garrick Hileman discusses the interest of Indian banks in the crypto space
Indian PM Backs Blockchain as 'Frontier Technology'
24.7.2020
Indian Prime Minister Narendra Modi has publicly endorsed blockchain as an investment opportunity
India Leads P2P Volume Records Among Emerging Markets
22.7.2020
Numerous emerging crypto markets are showing dramatic growth in P2P trade, with India and Ghana producing enormous growth during 2020
The Cashaa Hack: Investigators Stay Silent as Inside Job Rumors Emerge
19.7.2020
As 336 BTC get stolen from crypto-friendly bank Cashaa, there is still no clear explanation for what happened