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Indian Ministry Reveals Investigations Into Bitcoin Businesses

News A filing submitted in the lower house of India’s parliament — the Lok Sabha — has revealed an investigation into fraudulent practices by so-called “bit coin companies” operating in the country. An official question was submitted by center-left parliamentarian Mohammed Faizal and was answered..

RBI Set to Challenge Crypto Ban Reversal by Supreme Court

Following the landmark judgment by India’s Supreme Court to reverse the crypto ban, the Reserve Bank of India (RBI) — the country’s central bank, is seeking to file a review petition. The RBI’s move to petition the apex court’s ruling stems from the fact that the reversal encourages crypto exchange..

Countries That First Outlawed Crypto but Then Embraced It

Analysis As time progresses, the revolution of peer-to-peer digital currencies picks up speed. Now, countries like India and Iran, which previously had a harsh legal stance on cryptocurrencies, are warming up to the idea of adopting them. In India, for instance, the Supreme Court has struck down a..

India’s Crypto Industry Still Threatened by Ban as Pending Bill Looms

News A pending bill may still inhibit cryptocurrencies from flourishing in India, with India’s parliament yet to rule on the "Banning of Cryptocurrency and Regulation of Official Digital Currency Bill" from 2019, Business Insider reported on March 7. If passed, the bill will introduce unique regul..

Reserve Bank of India to Appeal Supreme Court’s Crypto Decision

News The Reserve Bank of India (RBI) is planning to file a petition against the recent landmark judgment made by the Supreme Court that nullified the controversial banking ban it imposed on companies transacting in cryptocurrencies. According to a report by The Economic Times on March 6, the RBI i..

India Back in the Race: Landmark Judgment to Fuel Crypto Adoption

Follow up In what is widely being considered a historic day for the crypto industry as a whole, the Supreme Court of India has passed a judgment nullifying the controversial banking ban imposed by the Reserve Bank of India on the country’s local digital currency market. The three-judge bench pres..

India Supreme Court Lifts RBI Ban on Banks Servicing Crypto Firms

Breaking The Supreme Court of India has struck down the Reserve Bank of India’s (RBI) controversial ban on banks’ dealings with crypto-related firms. The court’s bench of Justices Rohinton Nariman, S Ravindra Bhat, and V Ramasubramanian, delivered the judgment earlier today, March 4, litigation n..

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Central Bank Digital Currencies Will Not Affect Bitcoin

With greater interest by central banks around the world to create digital versions of sovereign fiat currencies, there are some concerns about how this...

Venezuela is Serious About Building Up Bitcoin Reserves

Holding reserves in currencies and investment commodities is something that nearly all central banks practice. The United States Federal Reserve, for example, keeps ample...

Cryptocurrency Market Surging on Fundamental Developments

The world of digital currency trading posted very solid transaction volumes on May 8 as Bitcoin returned to its highly anticipated $10,000 level. The...

South Korea is Preparing for a Sovereign Cryptocurrency Future

Over the next two years, the central bank of South Korea will be working on a blockchain project that would create a digital version...

How Blockchain Applications Are Being Used During the COVID-19 Pandemic

A couple of major blockchain development conferences have been canceled, and the cryptocurrency markets are feeling the economic impact of the coronavirus pandemic, but...
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