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India’s cryptocurrency industry is bristling at constant delays

Cryptocurrency markets and news round-up 2 October 2018

There could be little to do however wait impatiently, and push gently. “We have got employees. There are jobs,” said Nakul Dewan, prison recommend for 9 Indian cryptocurrency exchanges. The Supreme Court determination on cryptocurrencies has been dragging on since May, he added. In limbo India’s cryptocurrency companies are in …

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India’s first bitcoin ATM ends badly

India's first bitcoin ATM ends badly

The candle that burns two times as vivid burns part as lengthy. India’s executive officers have loved a stressful dating with cryptocurrency to this point, for a given value of enjoyment. On the entire, its stance against cryptocurrency may well be summarised as “no,” whilst the stance of India’s rising …

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Indian municipalities are kicking off their own blockchain ID tests

Good clean use case: Bahaman students graduate on the blockchain

With Aadhaar at the again finish, India would possibly have a forged long term basis for blockchain ID programs. The Bankura and Durgapur municipalities in India’s West Bengal area are each experimenting with blockchain in their own approach, trialling an answer through blockchain ID company Lynked.World. And as is frequently …

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Indian cryptocurrency exchanges re-introduce fiat via P2P loophole

US regulators going after crypto-market manipulators

Bans are more straightforward stated than carried out. India’s crypto crackdown, announced in April, took the type of a banking ban for cryptocurrency exchanges. Exchanges got 3 months, that have lengthy since elapsed, to cancel their banking preparations and provides again all buyer INR (Indian rupees). The crackdown, spearheaded through …

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India’s CoinRecoil exchange goes live before supreme court decision

India's CoinRecoil exchange goes live before supreme court decision

India’s present supreme court hearings stand to make a decision the fast time period long term of crypto in India. If you could have been following the bollywood drama of India’s cryptocurrency “ban”, the identify CoinRecoil may strike a chord. It’s the exchange that launched a supreme court challenge following …

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India Reserve Bank confirms exploration of digital currency

India Reserve Bank confirms exploration of digital currency

The emerging prices of managing steel and paper cash have India’s Reserve Bank exploring digital. Speculation round a central financial institution digital currency has been part of India’s fraught relationship with cryptocurrency, with ideas that the robust discouragement of cryptocurrencies in India will give approach to vast use of central …

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Insider: India crypto ban transitority, until classified as commodity

US regulators: Cryptocurrency's "a new chapter of economic history"

Regulated virtual commodities, now not cryptographic currencies. “I don’t think anyone is really thinking of banning it [cryptocurrencies] altogether,” said a senior Indian executive authentic to Quartz, reportedly. “The issue here is about regulating the trade and we need to know where the money is coming from. Allowing it as …

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Cryptocurrency clarity coming to India as high court gets involved

Cryptocurrency clarity coming to India as high court gets involved

A prison problem from an trade to India’s Reserve Bank is ready to transparent issues up, a method or any other. The Reserve Bank of India (RBI) took a significant but not unprecedented step last week with the decision to cut ties between cryptocurrency exchanges and established banks. The total …

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Zhuling Chen on cryptocurrency regulation in the East and West

Ripple moves towards decentralisation to bolster security

aelf co-founder Zhuling Chen talks about other approaches to significant cryptocurrency regulation. News of cryptocurrency crackdowns in China, South Korea, India and the USA has rocked the cryptocurrency markets time and again earlier than. News of tightening laws has left cryptocurrency speculators scratching their heads and emptying their wallet, however …

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No, India did not ban cryptocurrency. The truth is more interesting

No, India did not ban cryptocurrency. The truth is more interesting

India’s tightening cryptocurrency regulations appear to be paving the way in which for a countrywide Indian virtual foreign money. It’s being broadly reported (again) that India has simply banned cryptocurrencies. This an oversimplification. The original announcement from India’s Reserve Bank (RBI) can be found here, more obviously laying out the …

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