After years of debate, a temporary ban by the Central Bank, a Supreme Court ruling and rumors of a ban by the Parliament, India has finally moved to officially classify …
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Indian Prime Minister has called for a common approach towards cryptocurrencies
Indian Prime Minister Narendra Modi has called for global cooperation and a common approach towards addressing emerging challenges posed by cryptocurrencies. Speaking on Monday during the ‘State of the World’ session …
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The Reserve Bank of India is setting up a fintech department to keep up with crypto
The Reserve Bank of India (RBI) has created a new department to identify challenges and opportunities in financial technology, particularly around cryptocurrency. The new fintech department has been operational since …
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Indian police commissioner Shikha Goel issues a public warning against cryptocurrency frauds
Goel highlighted the various methods that are actively being used by fraudsters to dupe investors such as lucrative investment opportunities, illegitimate bank transfers and cryptocurrencies. Acknowledging the growth of Indian …
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The Indian government is not yet banning crypto, postpones notorious cryptocurrency bill
The Indian government is not yet ready to finalize the notorious cryptocurrency bill that could ban all digital assets payments in the country and practically destroy the entire industry of digital payments. The Indian government has …
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The Indian billionaire thinks Metaverse will unlock next generation of value creation
The richest man in Asia, Indian billionaire Mukesh Ambani is majorly bullish on blockchain as the country prepares to introduce a bill to regulate the crypto sector. “Digital technology, I believe, is …
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India’s plan to ban cryptocurrencies has been scrapped: Report
The Indian government plans to regulate private cryptocurrencies instead of banning them, according to a report by local media outlet NDTV that cites a cabinet note. This would be a big departure from the …
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Indian government isn’t leaning towards a blanket ban, but rather creating a regulatory framework
Recent legislative proposals by India’s government are not seeking to ban cryptocurrency outright, but rather create a legislative framework to regulate it as a security while prohibiting it as a …
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Indian Prime Minister issued a stern warning that Bitcoin poses a threat to younger generations
On Thursday, November 18, 2021, Indian Prime Minister Narendra Modi issued a stern warning that Bitcoin poses a threat to younger generations, adopting a combative tone as his government prepares …
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Indian regulator to greenlight the first blockchain feeder fund
Indian investors will now get exposure to global companies in the blockchain ecosystem as the Securities and Exchange Board of India greenlighted the Invesco CoinShares Global Blockchain ETF Fund of Fund (FoF). The …
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