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Nalezeno "India": 2016

Indian Supreme Court Postpones Crypto Case to November


The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case...

Bitfury to Establish Blockchain Innovation and Research Center in Hyderabad


As per the latest reports, the Bitfury Group that is the world’s biggest full-service blockchain tech firm is all set to establish an innovation and research center for Blockchain in Hyderabad. For that, Bitfury has already joined forces with the blockchain District of Telangana. The reports also...

Indian Supreme Court Sets Date to Hear Crypto Case Next Week


The Supreme Court of India has confirmed a new date to hear the crypto case after multiple delays. During the last hearing, the court directed the Reserve Bank of India (RBI) to reply to crypto exchanges’ representation within two weeks, which the central bank has done. Also read:...

Bank Raided, Arrests Made but RBI Still Restricts Withdrawals


The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their...

India Needs a Far-sighted Approach Regarding Cryptocurrencies


We’re most definitely at a stage where corporations and governments around the world are moving their financial services up to the Blockchain. Standing at this point, India, however, might be at the risk of ceding ground to other countries that have already opted cryptocurrencies rather than...

Reserve Bank of India Restricts Indian Police to Seize Crypto Scam Amount


Legal implications on Banks by the Reserve Bank of India (RBI) have caused trouble for the Pune city police department wanting to cash out seized cryptocurrencies worth of 8.42 crore INR. That amount of Indian currency was acquired by selling 244.0925 Bitcoins. The cryptocurrency was seized from...

What Ban? Bithumb Eyes India for Expansion + 11 More Crypto News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Cryptocurrency exchange news South Korea’s major crypto exchange Bithumb is hoping to launch an exchange in India, per a report...

RBI Ban Stops Indian Police From Cashing Out Seized Crypto


The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8.42 crore (~$1.2 million) proceeds due to the current RBI banking ban. Also read:...

New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals


Customers of a cooperative bank with 137 branches across India still do not know the fate of their money, which was restricted by the central bank. Evidence of alleged bank fraud has since surfaced, but the RBI still insists that India’s banking system is safe, despite many citizens being...

How G20 Central Bank Digital Currencies Are Progressing


Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will...

Bitcoin Cash Meetups Help Plant the Seeds of Economic Freedom


Our newsdesk recently caught up with Bitcoin.com’s community manager Chris Bridgman who discussed the recent expansion of Bitcoin Cash-focused meetups worldwide. Over the last two years, Bridgman and his partner Akane Yokoo have seen BCH meetups grow from a small handful to around...

Protests Led RBI to Raise PMC Bank’s Withdrawal Limit


The Reserve Bank of India has relaxed the withdrawal limit of 1,000 rupees (approximately $14) it placed on a cooperative bank a couple of days ago. The central bank said it aims to reduce the hardship of depositors after many heavy protests followed its original order. Also read: Panic at 137 Bank...

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