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’ The […]
The post Report: Indian Government Finalizing Crypto Regulatory Framework appeared first on Bitcoin News. …

Report: Indian Government Finalizing Crypto Regulatory Framework

Indian Government Expects to Finalize Crypto 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 […]
The post Indian Government Expects to Finalize Crypto Bill Next Month appeared first on Bitcoin News. …

Indian Government Expects to Finalize Crypto Bill Next Month

Indian Supreme Court Gives Government Two Weeks to Submit Cryptocurrency Report

India’s supreme court has brought up the case against the cryptocurrency banking ban by the Reserve Bank of India after one-and-a-half months of delay. The court has reportedly asked the government to submit a report of the findings from the committee it had set up to understand the crypto space and recommend regulatory measures. Also […]
The post Indian Supreme Court Gives Government Two Weeks to Submit Cryptocurrency Report appeared first on Bitcoin News. …

Indian Supreme Court Gives Government Two Weeks to Submit Cryptocurrency Report

Indian Police Seize Unocoin’s ATM, Arrest Two Founders

One week after Indian cryptocurrency exchange Unocoin announced the launch of its ATM, local police have reportedly seized the machine and arrested two founders of the company, including the CEO. Police say the machine was set up without approvals. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Several Items Seized Indian police have seized […]
The post Indian Police Seize Unocoin’s ATM, Arrest Two Founders appeared first on Bitcoin News. …

Indian Police Seize Unocoin’s ATM, Arrest Two Founders

RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision

The Reserve Bank of India has filed an affidavit with the country’s supreme court in response to one of the petitions against its crypto banking ban. The central bank reportedly argues that it has acted within its power and that none of the petitioners have shown reasonable grounds for the supreme court to intervene. Also […]
The post RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision appeared first on Bitcoin News. …

RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision

Growing Number of Indian Crypto Exchanges Say Fiat Support Is Back Despite RBI Ban

A growing number of crypto exchanges in India have announced the return of fiat deposit and withdrawal support despite the crypto banking ban imposed by the country’s central bank. Several other exchanges in the country also allow their users to use Indian rupees to buy and cash out cryptocurrencies through their exchange-escrow peer-to-peer (P2P) services. […]
The post Growing Number of Indian Crypto Exchanges Say Fiat Support Is Back Despite RBI Ban appeared first on Bitcoin News. …

Growing Number of Indian Crypto Exchanges Say Fiat Support Is Back Despite RBI Ban

RBI Ban Hearing Delayed – Indian Supreme Court Too Busy for Crypto This Week

All petitions against the crypto banking ban by the Reserve Bank of India (RBI) are supposed to have been heard by the country’s supreme court on September 11. However, the court has been busy every day this week and has postponed the RBI ban hearing. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator […]
The post RBI Ban Hearing Delayed – Indian Supreme Court Too Busy for Crypto This Week appeared first on Bitcoin News. …

RBI Ban Hearing Delayed – Indian Supreme Court Too Busy for Crypto This Week

RBI Ban Hearing in Two Days – What Indian Crypto Exchanges Are Expecting

The Indian supreme court will hear all petitions against the crypto banking ban by the Reserve Bank of India on Tuesday. News.Bitcoin.com talked to the CEOs of several Indian exchanges to find out what they are expecting from the hearing, trader sentiment, their exchanges’ current trading volumes, and how they see the court’s ruling affecting […]
The post RBI Ban Hearing in Two Days – What Indian Crypto Exchanges Are Expecting appeared first on Bitcoin News. …

RBI Ban Hearing in Two Days – What Indian Crypto Exchanges Are Expecting