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Indian Government Breaks Silence on Crypto Regulation

<header class=”article__header”> </header> <strong>The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the upper house of the Parliament of India. The government also confirmed that the report with the recommended crypto regulation has already been submitted by the interministerial committee tasked …

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‘Pathetic and Corrupt’ — Tim Draper Slams Proposed Bitcoin Ban in India

Bitcoin (BTC) proponent and Tezos investor Tim Draper hit out at the Indian government on Twitter July 16 after alleged evidence appeared it was preparing to ban cryptocurrency.  Draper Appears To Mistake Draft Law For Genuine Ban In a strongly-worded message, Draper, who recently took Bitcoin advocacy to Argentina’s government, called Delhi “pathetic and corrupt.” …

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Complete Indian Draft Crypto Bill Leaked – Experts Weigh In

<header class=”article__header”> </header> <strong>A draft cryptocurrency bill for India has been leaked in full, but details of the bill have raised some questions. News.Bitcoin.com talked to a number of experts in the field who shared their analyses of the bill’s content and its implications on the Indian crypto industry.</strong> Also read: G20 Leaders Issue Declaration …

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Watch India launch a historic Moon mission starting at 5PM ET

Sponsored Links Pallava Bagla/Corbis via Getty Images India is on the cusp of making space exploration history in more ways than one, and you might get to watch it first-hand. ISRO is livestreaming the launch of Chandrayaan-2, its second uncrewed mission to the Moon, starting at 5PM Eastern (liftoff is expected at 5:21PM Eastern). The …

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How 10 Countries Respond to Facebook’s Libra Cryptocurrency

<header class=”article__header”> </header> <strong>A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements.</strong> Also read: G20 Leaders Issue Declaration on …

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Facebook Says It Won’t Launch Crypto in India Due to Regulatory Issues

Facebook has said that current regulatory restrictions mean it won’t be launching its digital wallet service and cryptocurrency in India. Speaking to local daily news source The Economic Times, a Facebook spokesperson said: “There are no plans to offer Calibra in India. As you may know, there are local restrictions within India that made a …

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Indian Police to Get Special Training to Spot Crypto Scams

The Ministry of Home Affairs in India plans to provide an all-expenses paid police training session to create “domain expertise” in cryptocurrency-related crime, according to a government filing. The two day course, titled “Investigation of Cases Involving Crypto Currencies,” will cover a wide range of educational components, including an introduction to blockchain technology, a discussion …

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Modi Discussed Crypto Standards at G20 Summit – A Look at How They Apply to India

<header class=”article__header”> </header> <strong>India’s Prime Minister Narendra Modi participated in discussions on crypto assets at the G20 leaders’ summit in Osaka, Japan. At the conclusion of the summit, the leaders of the G20 countries jointly declared their commitment to applying the crypto standards set by the Financial Action Task Force. India’s new finance minister, Nirmala …

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Koinex Exchange Shuts Down Ahead of Crypto Regulation

<header class=”article__header”> </header> <strong>Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies.</strong> Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms Koinex …

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India tells scooter makers to prepare for a switch to EVs

Sponsored Links Amit Dave / Reuters Indian scooter and motorcycle manufacturers have to draw up a plan to switch to electric vehicles, and they only have two weeks to come up with one. According to Reuters, Indian officials have met up with the companies, including Bajaj Auto and Hero MotoCorp, to ask them to participate …

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