Amazing Crypto

Category: India

  • Bitcoin Cash Meetups Help Plant the Seeds of Economic Freedom

    Bitcoin Cash Meetups Help Plant the Seeds of Economic Freedom

    Our newsdesk recently caught up with Bitcoin.com’s community manager Chris Bridgman who discussed the recent expansion of Bitcoin Cash-focused meetups worldwide. Over the last two years, Bridgman and his partner Akane Yokoo have seen BCH meetups grow from a small handful to around 90 BCH-based gatherings in a number of different countries. Also read: Software…

  • Protests Led RBI to Raise Bank’s Withdrawal Limit

    Protests Led RBI to Raise Bank’s Withdrawal Limit

    Heavy protests by bank customers have led the Reserve Bank of India to modify its original restrictions placed on a cooperative bank with 137 branches across India. The central bank had limited customer withdrawals to only 1,000 rupees (approximately $14) per account for six months. Also read: Panic at 137 Bank Branches as RBI Limits…

  • Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000

    Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000

    The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers at some locations. Also read: Indian Parliament Member Helping Crypto…

  • India’s last standing cryptocurrency exchange—WazirX’s Nischal Shetty [INTERVIEW]

    India’s last standing cryptocurrency exchange—WazirX’s Nischal Shetty [INTERVIEW]

    Nischal Shetty, founder of WazirX, shares his story building the only crypto exchange left standing in a country hostile to cryptocurrency.  WazirX dodged the regulatory pressure through innovation. By engineering the first auto-matching P2P engine he was able to dodge regulatory pressure that shuttered all other major exchanges in India. Nishchal Shetty Nischal, tell us…

  • Indian Parliament Member Helping Crypto Community Influence Regulation

    Indian Parliament Member Helping Crypto Community Influence Regulation

    The Indian crypto community has made progress towards influencing the government’s crypto policies. Some industry leaders have met with an influential lawmaker who has agreed to help bring about positive crypto regulation in the country. Also read: India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost Parliament Member Agrees to Help…

  • At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows

    At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows

    In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession. Also Read: Money and Democracy: Why…

  • Indian Lawmaker Raises Hope of Positive Crypto Regulation

    Indian Lawmaker Raises Hope of Positive Crypto Regulation

    A member of the upper house of the Indian parliament has given the crypto community some advice on what can be done to influence the government’s crypto decisions. He encourages anyone to reach out to him and discuss their concerns, including issues related to the draft bill to ban cryptocurrencies in India. His words and…

  • India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost

    India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost

    One of the most popular reality TV shows in India called Kaun Banega Crorepati, based on the show ‘Who Wants to Be a Millionaire,’ has just given crypto a boost. A contestant on the show was asked a question about Facebook’s Libra cryptocurrency, and the show’s host, Amitabh Bachchan, proceeded to explain what cryptocurrencies are…

  • Indian Government’s New Report Views Crypto Positively

    Indian Government’s New Report Views Crypto Positively

    A new Indian government report has put cryptocurrency in a positive light, viewing the mechanisms surrounding it, including initial coin offerings, as “revolutionizing the global fintech landscape.” The report also discusses the regulation of coins and tokens. Also read: Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate Steering Committee’s Report The Indian Ministry…

  • Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate

    Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate

    Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill to ban cryptocurrencies is flawed, calling for positive regulation instead. Also read: Crypto Can Boost Indian…