Category: India

  • Zebpay Exchange Now Live in 21 European Countries

    Zebpay Exchange Now Live in 21 European Countries

    Zebpay, formerly one of India’s largest cryptocurrency exchanges, has launched in Europe. Euro deposits, withdrawals, and trading are now live in 21 countries. While the exchange is not accepting new registrations from India, existing users can continue to use its wallet app. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Zebpay…

  • Report: Indian Government Panel Submits Crypto Recommendations

    Report: Indian Government Panel Submits Crypto Recommendations

    The Indian government panel appointed to recommend cryptocurrency measures has reportedly submitted its report to the country’s finance minister, suggesting a new legal framework for cryptocurrencies. The actual content of the report has yet to be announced publicly. Industry participants weigh in on speculation about the report’s content. Also read: Indian Supreme Court Moves Crypto Hearing,…

  • The Daily: Coinbase Adds Paypal Withdrawals, Gazprombank to Manage Crypto Assets

    The Daily: Coinbase Adds Paypal Withdrawals, Gazprombank to Manage Crypto Assets

    In this edition of The Daily, Coinbase customers in certain regions can now link their Paypal accounts to withdraw fiat and sell cryptocurrencies. Also, Russia’s third-largest bank is working to launch a digital asset management service in Switzerland, and Koinex, India’s leading crypto exchange, has set up a new development center in Bengaluru, the country’s…

  • P2P Markets Report: Dumping Drives Record Volume Across Latin America and Asia

    P2P Markets Report: Dumping Drives Record Volume Across Latin America and Asia

    The heavy selling pressure that has dominated the cryptocurrency markets in recent weeks has coincided with a surge in peer-to-peer (P2P) trade volume across the Localbitcoins markets in Asia and South America. Globally, higher trade activity over the past two weeks has also driven the strongest volume since September 2017, with roughly 12,116 BTC changing…

  • The Daily: US Defense Department Probes Blockchain, Singapore Approves 1X

    The Daily: US Defense Department Probes Blockchain, Singapore Approves 1X

    In today’s edition of The Daily, we cover cryptocurrency-related news from different parts of the world. Documents have revealed that an arm of the U.S. Department of Defense (DoD) plans to investigate the technology behind Bitcoin, while a teenager in Israel has been convicted of making bomb threats in exchange for BTC. In India, a…

  • Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations

    Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations

    India’s supreme court has set a new date to hear the petitions against the cryptocurrency banking ban by the country’s central bank. Meanwhile, the crypto community in India is campaigning on social media for “positive regulations” and the rollback of the banking ban. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Supreme Court…

  • Indian State Working to Help Cryptocurrency Businesses Grow

    Indian State Working to Help Cryptocurrency Businesses Grow

    An Indian minister has reportedly revealed that a state government is working to protect businesses operating without a regulatory framework in India. They include cryptocurrency exchanges and crypto-accepting merchants. The move follows the arrests of the founders of a crypto exchange after they tried to set up an ATM-like kiosk at a local mall. Also…

  • Indian Government Expects to Finalize Cryptocurrency Bill Next Month

    Indian Government Expects to Finalize Cryptocurrency Bill Next Month

    The Indian government has reportedly filed an affidavit with the country’s supreme court detailing its progress on cryptocurrency regulations. “Serious efforts are going on” to prepare the draft crypto bill and report, the government explained. The two are expected to be discussed by the inter-ministerial committee by next month. Also read: Yahoo! Japan Confirms Entrance Into…

  • [INTERVIEW] Why India Says Yes to Blockchain, Yet Still Undecided About Crypto

    [INTERVIEW] Why India Says Yes to Blockchain, Yet Still Undecided About Crypto

    As countries around the world find their feet in the cryptocurrency market, governments have jumped on board in attempts to regulate the use of digital assets. Places such as Malta, Gibraltar, and Singapore have taken an open-arms approach to new crypto ventures and companies, coupled with a strict regulatory framework to help prevent fraud. India…

  • India Considering Cryptocurrency Ban

    Indian regulatory body the Financial Stability and Development Council (FSDC) is considering measures to ban the use of private cryptocurrencies while encouraging distributed ledger technology instead, after a meeting on Thursday. Mr. SC Garg briefed FSDC Council about the progress in the Inter-disciplinary committee on Crypto “to devise an appropriate legal framework to ban use of…