India

Cryptocurrency Business in India Is Flourishing Despite Coronavirus and War with the Reserve Bank
May 08, 2020 at 12:18
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Cryptocurrency Business in India Is Flourishing Despite Coronavirus and War with the Reserve Bank
No one would call the life of the cryptocurrency business in India easy. First, they had to deal with a ban from the country’s Reserve Bank, and then they were hit by the COVID-19 pandemic. However, Indian exchanges manage to withstand everything. Especially after the ban was lifted by the Supreme Court.
Cryptocurrency Exchanges Face Scrutiny in India Due to Tax Uncertainty
May 05, 2020 at 14:17
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Cryptocurrency Exchanges Face Scrutiny in India Due to Tax Uncertainty
Despite India's Supreme Court overturning a cryptocurrency ban imposed by the Reserve Bank of India (RBI), crypto businesses still face difficulties due to regulatory uncertainty and scrutiny.
Blockchain and Cryptocurrency Companies Flock to India after Supreme Court Verdict
Mar 12, 2020 at 10:30
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Blockchain and Cryptocurrency Companies Flock to India after Supreme Court Verdict
Investment into the Indian-wide cryptocurrency and blockchain markets comes from every corner of the globe after lifting the ban on cryptocurrency imposed by the Reserve Bank of India
Indian Supreme Court Nullifies Cryptocurrency Ban
Mar 07, 2020 at 09:55
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Indian Supreme Court Nullifies Cryptocurrency Ban
Recently, the Supreme Court of India nullified the decision by the Reserve Bank of India (RBI) putting a total ban on all virtual currency related dealings, according to reliable news outlet MENAFN.
India Is Suspicious of Cryptocurrency but Seems to Welcome Blockchain
Jan 26, 2020 at 11:49
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India Is Suspicious of Cryptocurrency but Seems to Welcome Blockchain
The Reserve Bank of India recently announced cryptocurrency is not banned in the country but advised citizens not to rely on it. At the same time, the country seems to be much more friendly towards blockchain, launching a hub in Bengaluru.
Indian Government is Willing to Support Blockchain with a National Framework
Dec 01, 2019 at 10:00
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Indian Government is Willing to Support Blockchain with a National Framework
The ministry of electronics and IT (MeitY) in India revealed on November 27, 2019, that the government is formulating an approach document regarding a National Level Blockchain Framework that tackles the advantage of the groundbreaking blockchain and distributed ledger technology (DLT) plus the urgent need for a collective facility for various applications.
Walmart to put Indian Shrimp on the Blockchain
Oct 08, 2019 at 11:53
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Walmart to put Indian Shrimp on the Blockchain
Walmart is collaborating with IBM’s Food Trust initiative to improve the supply of delicious seafood shrimp from India. Walmart also promised to help small seafood exporters to attain Best Aquaculture Practices (BAP) certification to improve product competitiveness on the global market.
India Plans to Build Transparent Contracts Using Blockchain
Oct 07, 2019 at 11:00
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India Plans to Build Transparent Contracts Using Blockchain
The Indian government is planning to develop effective contracts using innovative technologies including blockchain. Agreement implementation is a main engine of an economy where all financial dealings such as transactions, are principally agreements among the participants, such as companies, governments, organizations, etc.
IMC Recommends that Cryptocurrency Should Be Banned in India
Jul 30, 2019 at 10:18
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IMC Recommends that Cryptocurrency Should Be Banned in India
The Indian Inter-Ministerial Committee (IMC) was created to evaluate the potential of bitcoin and other cryptocurrencies so it can work productively. IMC admits the competencies of blockchain technologies but went ahead to recommend a blanket ban on all individual digital currencies existing in the country including Bitcoin, the world’s oldest altcoin.
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