The panel that was set up by India’s Ministry of Finance in 2017 will reportedly evaluate the possibility of issuing a state-backed cryptocurrency. Indian government is “evaluating” the possibility of issuing a state-backed cryptocurrency, sources have told local news outlet Quartz India on Wednesday, Oct. 10. An unnamed “senior official” has told Quartz that the […]
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One of India’s largest cryptocurrency exchanges has suddenly suspended its services due to the uncertain legal status of crypto assets. Major Indian cryptocurrency exchange Zebpay announced it had stopped all trading due to the country’s banking ban. The official announcement was published Thursday, September 27. Citing “extremely difficult” conditions it encountered attempting to process customer […]
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The National Stock Exchange of India is testing a Hyperledger-based blockchain platform developed by Elemential Labs to conduct e-voting. The National Stock Exchange of India (NSE) is testing a blockchain platform developed by Elemential Labs to conduct e-voting for listed companies, local news outlet Hindu BusinessLine reports September 27. The NSE’s pilot will entail tokenizing […]
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Tech giant Dell says it aims to remain a leader in the Indian server market by introducing blockchain products. Tech giant Dell EMC Technologies plans to remain a leader in the Indian server market by introducing products that have blockchain capabilities, local news outlet Economic Times India reports September 26. Dell has identified blockchain, artificial […]
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Most mainstream media is reporting that virtual currency trading has been virtually outlawed in India as the country’s Supreme Court upheld a central bank directive. We’ve seen similar news that turned out to be fake in Korea and elsewhere, when regulations were tightened on such things as trading by minors. In India, the effect of […]
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