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There’s little hope for cryptocurrencies in India as Modi returns to power

There’s little hope for cryptocurrencies in India as Modi returns to power

The Garg panel will soon submit its report to the finance ministry.
The Modi government has one month to clear its stand on cryptocurrencies

The Modi government has one month to clear its stand on cryptocurrencies

This does not mean regulations must come in a month.
The Indian government is worried that cryptocurrencies may destabilise the rupee

The Indian government is worried that cryptocurrencies may destabilise the rupee

From money laundering to terror financing, the risks associated with cryptocurrencies are well known. But a high-level panel tasked with drafting rules for India’s virtual…
India’s courts are unlikely to fix the crypto crisis anytime soon

India’s courts are unlikely to fix the crypto crisis anytime soon

The courtroom battle between India’s cryptocurrency exchanges and the central bank is set for its next hearing today—but nobody expects an end to the stalemate.…
No timeline for regulations, India’s cryptotraders cap 2018 with more bad news

No timeline for regulations, India’s cryptotraders cap 2018 with more bad news

If India’s battered cryptocurrency ecosystem expected regulatory clarity anytime soon, then it is set for disappointment. The Indian parliament was informed last week that the…
A ray of hope for cryptocurrencies as India readies draft regulations

A ray of hope for cryptocurrencies as India readies draft regulations

A cloud of uncertainty hangs over the legal status of cryptocurrencies in India. With draft regulations yet to be spelt out, and the seemingly contradictory…
At last, India’s ready to clarify its stance on cryptocurrencies

At last, India’s ready to clarify its stance on cryptocurrencies

The Indian government may be one step closer to clearly spelling out its policy on cryptocurrencies. A finance ministry panel set up in November 2017…
Here’s what could happen if India bans cryptocurrencies

Here’s what could happen if India bans cryptocurrencies

The Indian government mulling a blanket ban on cryptocurrencies has set off alarm bells in the ecosystem. For such a move could deal a body…
India may completely ban cryptocurrencies after all

India may completely ban cryptocurrencies after all

The Indian government may be considering a blanket ban on the use of bitcoin and other cryptocurrencies. On Oct. 30, at a meeting of the…
Unocoin co-founder recounts his arrest after India shut down his cryptocurrency ATM

Unocoin co-founder recounts his arrest after India shut down his cryptocurrency ATM

It was an ordinary Tuesday afternoon (Oct. 23) for Harish BV. The co-founder of the Indian virtual currency exchange, Unocoin, was fussing over the company’s…
Indian police end the party for the country’s first cryptocurrency ATM

Indian police end the party for the country’s first cryptocurrency ATM

Life for India’s first cryptocurrency ATM has turned out to be short. Last week, the virtual currency exchange Unocoin had set up the country’s first…
One of India’s biggest cryptocurrency exchanges has moved to Malta

One of India’s biggest cryptocurrency exchanges has moved to Malta

Tight regulatory supervision in India is forcing digital currency exchanges to leave the country for foreign shores. Zebpay, one of India’s largest virtual currency exchanges…
India gets its first cryptocurrency ATM amidst the central bank’s crackdown

India gets its first cryptocurrency ATM amidst the central bank’s crackdown

A new ATM in Bengaluru’s Kemp Fort Mall has become the latest face of the stand-off between India’s crypto-community and its banking regulator. The cryptocurrency…
After strangling bitcoin, India may launch its own cryptocurrency

After strangling bitcoin, India may launch its own cryptocurrency

After blowing hot and cold on bitcoin, the Indian government is considering bringing out its own cryptocurrency. A panel constituted by India’s finance ministry might…
India’s law reform committee accepts cryptocurrency as a valid mode of payment

India’s law reform committee accepts cryptocurrency as a valid mode of payment

India’s embattled cryptocurrency ecosystem may have just got a lifeline from another contentious debate: whether or not to legalise sports betting in the country. The…
India’s cryptocurrency saga enters a crucial phase in the supreme court today

India’s cryptocurrency saga enters a crucial phase in the supreme court today

All eyes in the Indian cryptocurrency ecosystem are on the country’s top court. Starting today (July 20), the supreme court will resume hearings in the…
India may not ban cryptocurrency after all

India may not ban cryptocurrency after all

After months of uncertainty, there are indications that India may not, after all, opt for a blanket ban on virtual currencies. A finance ministry panel…
How India choked its cryptocurrency ecosystem to near-death

How India choked its cryptocurrency ecosystem to near-death

From glorious highs to rock bottom, Indians hooked to cryptocurrencies have seen it all in the last year. In 2017, the price of a bitcoin,…
Indian cryptocurrency exchanges plead: “Probe and regulate us, don’t ban”

Indian cryptocurrency exchanges plead: “Probe and regulate us, don’t ban”

India’s cryptocurrency exchanges are willing to open themselves up to more regulatory scrutiny, allow greater transparency, and take more measures to safeguard customers—all in exchange…