Category: India
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Indian Blockchain Summit Draws Policy Makers to Speed up Crypto Regulation
An Indian government-supported blockchain summit is drawing many policy makers with the aim to speed up the development of cryptocurrency regulation in the country. Among expected participants are officials from the Indian Ministry of Finance and the panel currently tasked with drafting the regulatory framework for cryptocurrencies. Also read: Indian Supreme Court Moves Crypto Hearing, Community…
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Quadrigacx Saga: Founder’s Widow Owns $5.6m Properties, Hospital Confirms Cotten’s Death
Troubled Canadian cryptocurrency exchange Quadrigacx may be newly armed with a 30-day stay from creditors, following the Feb. 5 bankruptcy hearing, but its late CEO’s widow, Jennifer Robertson, is on shifting ground as her affidavit is being picked apart by customers, experts and conspiracy theorists. Also read: Report Claims Quadrigacx Never Held More Than 1,000BTC Cotten’s…
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‘India Wants Crypto’ Campaign Passes 100 Days With Growing Support
A social media campaign for positive cryptocurrency regulation in India has passed 100 days with growing support from the community. Despite the ongoing banking restriction imposed by the country’s central bank, local crypto exchanges are reporting increased volumes and optimism about the upcoming regulation. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive…
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Report: Indian Government Concerned Cryptocurrencies Could Undermine the Rupee
The Indian government panel tasked with drafting crypto regulation is reportedly worried that cryptocurrencies could destabilize the rupee if they are accepted as payments. Its concern came to light despite evidence that cryptocurrencies do not currently pose a threat to financial stability. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Impact on…
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Tidbits: Kraken CEO Offers Help in Quadrigacx Case, Iranian Bitcoiner Learns Expensive Lesson
Tidbits is a roundup of talking points from across the cryptosphere. In this edition, Jesse Powell offers to help the Canadian police investigate the supposed death of Quadrigacx CEO Gerald Cotten and the subsequent movement of funds. Also, the r/btc community teaches Iranian redditor Cdaemon how to keep his crypto safe. Also read: Canadian Exchange…
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The Daily: Zebpay Launches in 5 European Markets, Coinpulse Enters ‘Indefinite Maintenance’
Saturday’s edition of The Daily covers developments of interest to crypto traders. Once one of the largest exchanges in India, Zebpay is now increasingly focusing on Europe. The platform has expanded its services to residents of five more countries in the region. Also, troubled crypto trading platform Coinpulse has announced “indefinite maintenance,” asking customers to…
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Indian Government Invites Law Firm to Present Suggestions for Crypto Regulation
The Indian government has invited lawyers from Nishith Desai Associates to present their suggestions for the country’s crypto regulation. This is in response to the firm’s submission of a proposed regulatory framework for cryptocurrencies. The suggestions include avoiding prohibition, taking a balanced approach, options for licensing, and self-regulation for the industry. Also read: Indian Supreme Court…
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Petitions to End RBI Crypto Banking Ban Advancing in India
A lawyer representing the Internet and Mobile Association of India in its writ petition against the RBI banking ban has shared new details of the progress to lift the ban with news.Bitcoin.com. The supreme court recognizes the urgency of hearing the RBI case without waiting for the Indian government to introduce crypto regulation. Also read: Indian…
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Report: Indian Government Finalizing Crypto Regulatory Framework
The Indian government has reportedly confirmed that the report containing a regulatory framework for cryptocurrencies by an inter-ministerial committee is being finalized. This confirmation is in response to a Right to Information filing by a local news outlet. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Report in ‘Finalization Stage’ Subhash…
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Satoshi’s Bitcoin Whitepaper Is Now Available in Arabic and Hindi
On Jan. 22, blockchain infrastructure firm Bitfury announced during the World Economic Forum in Davos that Satoshi Nakamoto’s Bitcoin whitepaper has been translated into Arabic and Hindi for the first time. The translations of the paper “Bitcoin: A Peer-to-Peer Electronic Cash System” can now be read by the millions of people around the world who…