Search Results for: india
NPCI Stepping Towards Blockchain
Blockchain News

National Payments Corporation of India to Step Towards Blockchain

  A bank consortium owned organisation, the National Payments Corporation of India (NPCI) – plans to implement the use of blockchain technology. The organisation, generally responsible for the retail payments and settlements feels blockchain would boost digital transactions in India. National Payments Corporation of India (NPCI) Wants to Step Towards …

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Indian Government Receives Deadline for Crypto Regulation
Crypto Regulations

Indian Government Receives Deadline For Crypto Regulations

The Indian Government has reportedly received a deadline from the Supreme Court of India to produce cryptocurrency regulations. The Indian Government has four weeks to produce comprehensive cryptocurrency regulations before making its ruling on the pending crypto cases. The Indian Government Has Four Weeks On February 25, the Supreme Court …

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Indian Government Finalizes Crypto Regulations | Coindelite News
Latest Cryptocurrency News

Indian Government Finalizes Crypto Regulations

The Indian Government has recently confirmed the report that contains a regulatory framework for cryptocurrencies by an inter-ministerial committee. The Indian government has been working on crypto regulation from a long time. Mr. Subhash Chandra Garg, Secretary of the Department of Economic Affairs, lead the Inter-Ministerial Committee (IMC) and developed the …

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India's Banking Research Institute to Implement Blockchain
Blockchain News

India’s Banking Research Institute to Implement Blockchain

The Institute for Development and Research in Banking Technology (IDRBT) of India recently published a blueprint on Blockchain implementation in the banking sector, the Financial Express, Indian daily newspaper reported on Tuesday, January 22. The Reserve Bank of India (RBI) established IDRBT in 1996 with the purpose of conducting research …

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The Reserve Bank of India Says Cryptos Are not a Threat | Coindelite News
Bitcoin News

The Reserve Bank of India Says Cryptos Are not a Threat

Recently the Reserve Bank of India (RBI) published a report which says cryptocurrencies are not currently a threat. The central bank says that due to the rapid growth and adoption of cryptocurrencies, this assessment could change. RBI also included that constant monitoring of cryptocurrencies is needed. RBI published its “Report …

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Indian Govt Panel Submits Advice For Crypto Regulation | Coindelite News
Bitcoin Cash News

Indian Govt Panel Submits Advice For Crypto Regulation

The Indian government recently appointed a panel to suggest digital currency measures for creating the new legal framework. The panel has recently submitted its recommendations to the government. The document has not been made public yet, but still there a lot of speculations taking place by experts about what it …

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Supreme Court Of India To Hear Petitions Next Year | Coindelite News
Bitcoin News

Supreme Court Of India To Hear Petitions Next Year

The Supreme Court of India has announced a new date to hear the petitions against the digital currency. As last year the Reserve Bank of India (RBI) banned other banks from working with cryptocurrency related firms. At the same time, the crypto community in the country is campaigning on social …

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EY to Hire 2000 People In India For AI & Blockchain | Coindelite News
Bitcoin News

EY to Hire 2000 People In India For AI & Blockchain

One of the largest professional services firms in the world, Ernst Young (EY) has announced that it will be hiring 2,000 employees in the next three years. The plan is to develop its digital solution services in fields including blockchain technology. In 2016, EY predicted that large-scale implementation of blockchain …

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Bitcoin News

Indian State to Help Cryptocurrency Business Grow

An Indian Minister said that one of the states in the country is working towards protecting businesses operating without a regulatory framework in India. The plan includes cryptocurrency exchanges and crypto-accepting companies. Priyank Kharge, India’s Social Welfare Minister, said that the Karnataka state government is working on setting up an …

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Indian Man Scammed Out of 10 Crores Over Bitcoin | Coindelite News
Bitcoin News

Indian Man Scammed Out of 10 Crores Over Bitcoin

Chandigarh, a northern Indian State has become the witness for one of the biggest cryptocurrency scams in the country. The Chandigarh Police has filed a chargesheet against four people accused of scamming a victim out of  ₹6-10 crore ($0.8 – 1.4 million)  through a digital currency investment fraud. The names …

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