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Former Finance Secretary Subhash Chandra Garg Proposes Regulating Crypto as Commodity in India
18.7.2020
Subhash Chandra Garg, former Finance and Economic Affairs Secretary of India, has told the Indian crypto community that crypto assets should be regulated as commodities. However, he stands by his draft crypto bill that bitcoin and other cryptocurrencies should be outlawed. Garg Proposes Indian...
Law Decoded: Pushing the Legal Limits, July 10–17
17.7.2020
In this week’s newsletter, we look at a series of developments that test the limits of governmental authority over crypto, as well as the contest with social media
Bitbns collaborates with Sylo to boost crypto adoption in India
17.7.2020
The fledgling Indian crypto market has got a new boost as the Global software company Sylo has joined hands with Bitbns, India’s premier cryptocurrency exchange. With this new collaboration, Sylo is looking to tap on the early opportunities available in the Indian market. There is immense potential...
India’s Former Finance Secretary Spars With Industry Experts on Crypto Ban
17.7.2020
For the first time, the former Finance Secretary of India who proposed a blanket ban on cryptocurrencies discussed digital assets with industry leaders
Crypto Wallet Provider Sylo Targets Growing India Market Through Exchange Partnership
17.7.2020
Digital wallet provider Sylo has teamed up with India-based exchange Bitbns aiming to serve the nation's revitalized cryptocurrency market
‘How to Buy Bitcoin in India’: Crypto Exchange Offers Rewards for Videos in All Indian Languages
15.7.2020
Indian cryptocurrency exchange Wazirx is offering rewards for videos about how to buy bitcoin or other cryptocurrencies in India in all Indian languages, including Hindi, Tamil, Gujarati, Marathi, Kannada, Bengali, and Telugu. News.Bitcoin.com caught up with Wazirx CEO Nischal Shetty to find...
Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion
14.7.2020
Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between...
Covid-19 Forces Indians to Embrace Digital Payments but Country Still Lacks Crypto Regulation
13.7.2020
The global pandemic Covid-19 is forcing Indians to resort to digital payment platforms when settling bills as well as paying for groceries. Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 government decree that attempted to achieve the same, reports The Economic Times of India....
Crypto Exchange Cashaa Loses 336 Bitcoin Worth $3 Million to Hackers
13.7.2020
Cryptocurrency exchange Cashaa says it has lost 336 bitcoin (worth around $3.1 million) to hackers. The London-based platform has now ceased all crypto-related transactions, including withdrawals and deposits, as investigations into the breach get underway. In a tweet on July 11, Cashaa claimed...
Hacker stole 336 BTC from Crypto exchange Cashaa
11.7.2020
Cryptocurrency exchange Cashaa said hackers took 336 bitcoin from one of its wallets. The company has stopped all crypto-related transactions
Matic Network Launches an Initiatives Program for Mainnet Adoption
8.7.2020
Matic to release a “Large Scale Developer Initiatives” program to strengthen mainnet adoption
Tata Consultancy Launches Crypto Trading Solution for India’s Financial Firms
8.7.2020
India's crypto renaissance continues, with Tata Consultancy unveiling a solution allowing banks and financial institutions to offer digital asset trading
Major Indian Company TCS Launches Cryptocurrency Trading Solution for Banks’ Customers
8.7.2020
Leading Indian IT company, Tata Consultancy Services (TCS), is launching a cryptocurrency trading solution for banks to allow their customers to invest in cryptocurrencies. TCS is part of the Tata group, India’s largest multinational business group, and is listed on two stock exchanges...
Tiktok Ban: US May Join India in Banning Chinese Social Media Apps
7.7.2020
The Trump administration is looking at banning Tiktok and other Chinese social media apps, according to Secretary of State Mike Pompeo. The US has been concerned about Tiktok being used by the Chinese government to mine American users’ data. India has already banned Tiktok in its country...
Major Indian Farmer Producer Organization to Use Blockchain for Supply Chains
7.7.2020
One of India’s largest farmer producer organizations plans to use blockchain to help farmers receive higher pay
Crypto Investment App B21 Expands to India
3.7.2020
The Gibraltar-based company said the move was prompted by rising consumer interest and trading volumes in the nation after a ban on banking services for cryptocurrency firms was lifted
Why Bitcoin Bulls Are Betting on Explosive Growth in India
2.7.2020
Demand for bitcoin is up in India, thanks in part to the economic crisis. But Indian tech startups are more focused on Ethereum
Crypto Mobile Apps Are on the Rise in India Following Supreme Court Decision
1.7.2020
Crypto businesses keep showing interest in the Indian market by attracting users through products like mobile apps
Indian Crypto Banks and Exchanges See Massive Growth Amid Rising Covid-19 Crisis: Survey
30.6.2020
The crypto industry in India is experiencing massive growth, according to a new survey of crypto banks and exchanges. Despite the country’s deepening coronavirus crisis, crypto exchanges say trading volumes and the number of signups continue to grow substantially. India’s Cryptocurrency...
Chances of Indian Crypto Ban Low Compared to 2019, Says Crypto Veteran
29.6.2020
The CEO of CoinSwitch shares his insights about the possibility of a cryptocurrency blanket ban in India