Regulation is one of the biggest hurdles for crypto in India as exchanges continue the legal battle to establish a clear framework. It was early in March when India’s Supreme Court delivered a historic verdict on a landmark case that promised a new era for crypto in India. The Supreme Court moved to lift the […]
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A new fiat-crypto exchange has launched in India, two months after the country’s stringent ban on banks’ dealings with crypto businesses was lifted. A new fiat-crypto exchange has launched in India, two months after lifting the country’s stringent ban on banks’ dealings with crypto businesses. The Bangalore-headquartered exchange, dubbed BitPolo, went live on May 6. […]
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CoinSwitch’s Kuber mobile application aims to increase adoption among crypto users in India. Cryptocurrency exchange aggregator CoinSwitch will launch its CoinSwitch Kuber app on June 1 — exclusive to users in India. The mobile app will support over 100 coins, while also adding liquidity across all Indian exchanges to allow users to buy and sell […]
Continue ReadingIndia’s crypto exchanges are demanding that the country’s central bank provide clear guidelines regarding taxation. Following the Supreme Court’s reversal of the Reserve Bank of India’s ban on financial institutions providing banking services to crypto firms, the country’s digital asset exchanges are seeking clarity on their taxation obligations. On May 4, India Times reported that […]
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The coronavirus pandemic is changing the global narrative about the crypto space, India is not the exception: What to expect in crypto law updates from India? In one of 2020’s biggest stories about cryptocurrencies so far, the Indian Supreme Court struck down a blanket ban on trading cryptocurrencies issued by the Reserve Bank of India […]
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An overview of 2020’s four most significant regulations for cryptocurrency exchanges around the world. The lack of uniformity among different jurisdictions’ cryptocurrency laws makes it difficult for crypto exchanges seeking to expand to new markets. While some countries are embracing and fostering innovation, others are more hostile to Bitcoin (BTC) and other cryptocurrencies. Further exacerbating […]
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Major cryptocurrency exchange Binance is deepening its presence in two major emerging markets, India and Indonesia. Major cryptocurrency exchange Binance is deepening its presence in two major emerging markets, India and Indonesia. In an announcement published on April 14, the exchange revealed that users are now able to trade cryptocurrencies peer-to-peer (P2P) for Indian Rupees […]
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A recent Paxful survey reveals a growing trend in the Indian crypto market before and after the RBI’s ban lifting. A survey released on April 2 and conducted by peer-to-peer Bitcoin (BTC) marketplace Paxful revealed growing positive sentiment in terms of cryptocurrency adoption in India. Paxful’s survey of investors between the ages of 18–55 revealed […]
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The industry is seeing a renaissance following India’s Supreme Court revoking the RBI’s crypto ban, but there is still a long way to go. Among industry participants and investors, India is emerging as a market to watch for following the overturn of a crypto ban that was placed by the Reserve Bank of India back […]
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Billionaire venture capitalist Tim Draper has revealed plans to invest in Indian cryptocurrency startups. Billionaire investor and the winner of thousands of Bitcoins (BTC) in the Federal Bureau of Investigation’s 2014 Silk Road auctions, Tim Draper, has set his sights on India’s nascent cryptocurrency industry. On March 22, the venture capitalist tweeted that the Supreme […]
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