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Bitcoin RBI
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India: Cryptocurrencies and ICO’s Ignored as RBI Releases Fintech Sandboxing Guidelines

Indian crypto businesses are struggling since the time the Reserve Bank of India (RBI) has pulled the fiat lifeline. While the sector is expecting some relief to come in from the Apex court of the country, the Reserve Bank of India has further made things difficult as it has issued a draft document about “Enabling

Nilesh Maurya April 21, 2019

Indian crypto businesses are struggling since the time the Reserve Bank of India (RBI) has pulled the fiat lifeline. While the sector is expecting some relief to come in from the Apex court of the country, the Reserve Bank of India has further made things difficult as it has issued a draft document about “Enabling

bitcoin
Bitcoin News
bitcoin
Bitcoin News

“Cryptocurrencies are Not a Threat” – Remarks FSB On India’s Crypto Concern

It looks like the crypto market is celebrating the New Year in India. With RBI citing FSB’s remark, the market appears quite appreciated. Crypto Stance in India According to the latest coverage by Quartz Media, FSB (Financial Stability Board), an international body that monitors and review the global financial system has recently appreciated cryptocurrency and

Tabassum January 3, 2019

It looks like the crypto market is celebrating the New Year in India. With RBI citing FSB’s remark, the market appears quite appreciated. Crypto Stance in India According to the latest coverage by Quartz Media, FSB (Financial Stability Board), an international body that monitors and review the global financial system has recently appreciated cryptocurrency and

RBI
Regulation News
RBI
Regulation News

Indian Ministry of Finance Keeping a Close Watch on Crypto Sector Development

India’s Ministry of Finance recently published a press release where it talks about the 19th Meeting of the Financial Stability and Development Council (FSDC) attended by the prominent ministry members that deliberated on the crypto development, ban on crypto use among other finance related topics. Deliberation on issues and challenges of Crypto Assets/Currency In the

Sagar Saxena October 31, 2018

India’s Ministry of Finance recently published a press release where it talks about the 19th Meeting of the Financial Stability and Development Council (FSDC) attended by the prominent ministry members that deliberated on the crypto development, ban on crypto use among other finance related topics. Deliberation on issues and challenges of Crypto Assets/Currency In the

zebpay
Regulation News
zebpay
Regulation News

Beginning of Crypto End? Zebpay becomes the first victim of RBI Ban as it shuts down its operations

It’s been nearly 6 months since the RBI imposed a ban on cryptocurrencies businesses using fiat and banking channels. Since the exchanges and business have modified their business models mostly to peer to peer model and have stayed in a non-supportive regulatory environment. Survival like this looked tough and now we have the first victim

Nilesh Maurya September 28, 2018

It’s been nearly 6 months since the RBI imposed a ban on cryptocurrencies businesses using fiat and banking channels. Since the exchanges and business have modified their business models mostly to peer to peer model and have stayed in a non-supportive regulatory environment. Survival like this looked tough and now we have the first victim

bitcoin india
Bitcoin News
bitcoin india
Bitcoin News

Indian Crypto Judgement Day is Here, What will be the Verdict?

Tomorrow on July 20, Indian Supreme Court will be making its decision on the petition made by crypto enthusiasts against the RBI (central bank) ban on cryptocurrency. July 20: Ban or no ban July 20 is just about here for which all the crypto enthusiasts have been waiting. The question is will the Supreme Court

Anjali Tyagi July 19, 2018

Tomorrow on July 20, Indian Supreme Court will be making its decision on the petition made by crypto enthusiasts against the RBI (central bank) ban on cryptocurrency. July 20: Ban or no ban July 20 is just about here for which all the crypto enthusiasts have been waiting. The question is will the Supreme Court

Regulation News
Regulation News

RBI Crypto Ban Gets into Effect, India Smothers Crypto to Near-Death

Exactly three months back the country’s crypto enthusiasts, businesses, and supporters were into a situation of chaos, confusion, and anger. RBI, the monetary regulator of the country said in its statement “In view of the associated risks, it has been decided that, with immediate effect, entities regulated by RBI shall not deal with or provide

Sunil Sharma July 24, 2018

Exactly three months back the country’s crypto enthusiasts, businesses, and supporters were into a situation of chaos, confusion, and anger. RBI, the monetary regulator of the country said in its statement “In view of the associated risks, it has been decided that, with immediate effect, entities regulated by RBI shall not deal with or provide

zebpay
Bitcoin News
zebpay
Bitcoin News

Zebpay Disables Rupee [INR] Deposit & Withdrawal Options

Indian crypto exchange and wallet provider, Zebpay has announced that it is disabling the rupee (fiat) deposit and withdrawal options on its app in response to the RBI’s crypto ban that goes into effect tomorrow. No Rupee deposits and withdrawals Zebpay, the popular Indian cryptocurrency exchange and wallet provider has announced through a Tweet that

Partyush Goyal July 4, 2018

Indian crypto exchange and wallet provider, Zebpay has announced that it is disabling the rupee (fiat) deposit and withdrawal options on its app in response to the RBI’s crypto ban that goes into effect tomorrow. No Rupee deposits and withdrawals Zebpay, the popular Indian cryptocurrency exchange and wallet provider has announced through a Tweet that

Supreme Court
Bitcoin News
Supreme Court
Bitcoin News

Indian Crypto Exchanges Undeterred by Supreme Court’s Refusal to Lift RBI Ban

The Supreme Court of India refused to grant the temporary stay on the crypto ban imposed by the country’s central bank, RBI. However, crypto exchanges like WazirX, PocketBits, Coindelta, and Bitbns are undeterred. Crypto exchanges to continue the withdrawal or not In today’s court hearing where the Supreme court heard one petition against the crypto

Sunil Sharma July 24, 2018

The Supreme Court of India refused to grant the temporary stay on the crypto ban imposed by the country’s central bank, RBI. However, crypto exchanges like WazirX, PocketBits, Coindelta, and Bitbns are undeterred. Crypto exchanges to continue the withdrawal or not In today’s court hearing where the Supreme court heard one petition against the crypto

india cryptocurrency
Bitcoin News
india cryptocurrency
Bitcoin News

Why July 5th is Important for Crypto Businesses and Investors in India

On April 05, the RBI had issued a notice directed all lenders to wind up bank accounts of cryptocurrency exchanges and also end other business relationships with them within three months. This sounded the death knell for the bourses. Now as the deadline seems to be approaching which are now either being forced to reinvent

Sunil Sharma July 24, 2018

On April 05, the RBI had issued a notice directed all lenders to wind up bank accounts of cryptocurrency exchanges and also end other business relationships with them within three months. This sounded the death knell for the bourses. Now as the deadline seems to be approaching which are now either being forced to reinvent

zebpay
Regulation News
zebpay
Regulation News

Zebpay Issues circular, Rupee Withdrawals Could Stop

Zebpay, one of India’s first cryptocurrency exchange and app-enabled bitcoin wallet provider, has issued a circular that on its medium channel that stating that it may have to stop Rupee(Indian Fiat) withdrawals as its bank accounts may be disrupted in light of RBI circular dated April 6, 2018, which prohibits banks and financial institutions from providing

Nilesh Maurya June 21, 2018

Zebpay, one of India’s first cryptocurrency exchange and app-enabled bitcoin wallet provider, has issued a circular that on its medium channel that stating that it may have to stop Rupee(Indian Fiat) withdrawals as its bank accounts may be disrupted in light of RBI circular dated April 6, 2018, which prohibits banks and financial institutions from providing

RBI
Bitcoin News
RBI
Bitcoin News

RBI Did No Research Before Banning Cryptocurrencies- Right to Information Petition

In a response received to a Right to Information application filed by a New Delhi based lawyer and founder of blockchainlawyer.in., Varun Sethi on April 9th, India’s Supreme authority for monetary decisions, The Reserve Bank of India (RBI), revealed that it neither did any research nor set up any committee that could look into or

Nilesh Maurya June 16, 2018

In a response received to a Right to Information application filed by a New Delhi based lawyer and founder of blockchainlawyer.in., Varun Sethi on April 9th, India’s Supreme authority for monetary decisions, The Reserve Bank of India (RBI), revealed that it neither did any research nor set up any committee that could look into or

crypto ban
Bitcoin News
crypto ban
Bitcoin News

Indian Central Bank In Court Over Crypto Ban, Court Issues Notice

  At the beginning of April, India’s central bank, Reserve Bank of India directed the regulatory bodies to sever any ties with the cryptocurrency businesses. Now, a petition has been signed against the bank’s orders for crypto ban citing the move violative of the constitution while asking for appropriate crypto regulations. RBI gets dragged to

Stan Peterson April 23, 2018

  At the beginning of April, India’s central bank, Reserve Bank of India directed the regulatory bodies to sever any ties with the cryptocurrency businesses. Now, a petition has been signed against the bank’s orders for crypto ban citing the move violative of the constitution while asking for appropriate crypto regulations. RBI gets dragged to

cryptocurrencies in india
Regulation News
cryptocurrencies in india
Regulation News

RBI Gives Its Final Call On Cryptos With “Prohibition On Dealing In VCs” Circular

  RBI has taken a final call on the cryptocurrencies by issuing a circular that prohibits the dealing of cryptocurrencies in India by barring the regulated entities for providing their services to the individuals and businesses dealing with VCs on an immediate basis. For those banks and payment gateways that have already been associated with

Anjali Tyagi April 7, 2018

  RBI has taken a final call on the cryptocurrencies by issuing a circular that prohibits the dealing of cryptocurrencies in India by barring the regulated entities for providing their services to the individuals and businesses dealing with VCs on an immediate basis. For those banks and payment gateways that have already been associated with

RBI Cryptocurrency
Regulation News
RBI Cryptocurrency
Regulation News

RBI Slashes Crypto: Is It the Beginning Of Cryptocurrencies’ End In India

The central bank of India (RBI) today, directed all the regulated bodies to not to provide services to any individual and business entities that use or deals in virtual currencies within a specified time period i.e. about 3 months. RBI bans regulated entities to deal with crypto users Reserve Bank of India (RBI) has barred

Anjali Tyagi April 5, 2018

The central bank of India (RBI) today, directed all the regulated bodies to not to provide services to any individual and business entities that use or deals in virtual currencies within a specified time period i.e. about 3 months. RBI bans regulated entities to deal with crypto users Reserve Bank of India (RBI) has barred