Jun 10, 2019 at 15:01
India Dapp Fest is Ready to Begin
‘Blockchained India’ presents India Dapp Fest (IDF) 2019 with a zeal. The event is finally set to embark on its 5 day long journey. It is the first ever blockchain conference that is taking place at such a huge level in India.
Jun 07, 2019 at 10:20
Bitcoin Traders in India are no Longer at Ease
Bitcoin and cryptocurrency traders in India are not benefiting from the industry following the ban of cryptocurrency activities by the Reserve Bank of India (RBI) in April last year, and this is making their social life hard. The peer-to-peer (P2P) system that was developed by cryptoasset exchanges has some voids in it and hackers have taken advantage of this to fraud people and most of them have become or are yet to be victims.
Crypto Exchange Halts Services due to Indian Regulations
Over the weekend, an India-based crypto exchange shut down its services, suspended trades and cancelled all open orders on March 30. Coindelta alludes to its financial issues and the Reserve Bank of India’s (RBI) stringent cryptocurrency regulations as one of the main reasons forcing the exchange to lay down tools.
Supreme Court of India Extends Crypto vs RBI Hearing to July
The Supreme Court of India, the country’s top judiciary body, has extended the cryptocurrency case hearing after receiving an official request from the government’s counsel. It was expected that the court could hear about the India’s crypto regulation on March 29 before continuing to address the banking ban by the country’s central bank. The case has now been deferred up to July.
Court Gives India 30 Days to Draft DLT & Crypto Regulations
The Indian government has been cautious of Blockchain and digital currencies and for good reason. The series of scams conveyed from India has been the government’s plan. Nevertheless, the current turn of events, the Supreme Court has asked the government of India to draft the blockchain (DLT) and cryptocurrency regulations for the nation in just four weeks.
Bitcoin is Entirely Legal in More Than 111 Countries Worldwide
One decade down the road, Bitcoin, the flagship cryptocurrency, has managed to jump to fame and adoption beyond borders, surpassed the expectation of any cryptocurrency maniac or even its real inventor Satoshi Nakamoto. Coin Dance, a crypto pioneer, recently carried out a survey and found out that BTC is currently entirely legal in more than 111 great countries globally.
Indian Government is in Fear of Cryptos Sweeping Out Rupee Fiat Currency
The risks associated with digital currencies such as Bitcoin (BTC) are very clear. The dark side of the cryptocurrency revolution includes terrorism financing, money laundering, drug dealing, sex, violence, gambling and more. But a prominent panel tasked with drafting rules for the crypto industry in India is now haunted by its impact on a less-tapped field.
India: IDRBT Suggests Roadmap & Blueprint for Blockchain & Crypto
India holds a big global economy that is now facing a rapid growth of use cases for blockchain and cryptocurrency markets. Taking demand into account, India plans to design a suitable roadmap for distributed ledger technology (DLT) soon or later, according to the report by Financial Express.