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Government of India to Deploy Blockchain Technology at a National Level

Government of India to Deploy Blockchain Technology at a National Level

The Indian government is eyeing the blockchain technology since it has a huge potential of being applied in various sectors such as banking, cybersecurity, education, and governance: securing the future of their economic development and growth. This strategic plan was made known in response to a question in the Lok Sabha as reported by the Indian Times on Nov. 27.

Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices

Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices

The Chairman of the Board of Directors of Bithumb Holdings, Lee Jung-hoon has been summoned by the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit following the unit's incessant raid on the exchange.

India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?

India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?

India has been taking multiple stances when it comes to blockchain and cryptocurrencies, as cryptocurrency has not been deemed legal, but not it is not considered illegal either. The National Payments Corporation of India (NPCI) recently designed and adopted a blockchain-based system for automating payment clearing and settlement processes.

Is Bitcoin in India about to Boom? Paxful Survey Projection

Is Bitcoin in India about to Boom? Paxful Survey Projection

Paxful, the peer-to-peer bitcoin marketplace, has released a survey that indicates India’s enthusiasm for Bitcoin has been reignited following the landmark decision to lift the ban on crypto trading.

Coinbase Appoints Marc Andreessen in Management Reshuffle Ahead of Potential IPO

Coinbase Appoints Marc Andreessen in Management Reshuffle Ahead of Potential IPO

Coinbase has made a board reshuffle that sees the additions of Silicon Valley mogul Gokul Rajaram and ventures capitalist Marc Andreessen. The reshuffle comes amid rumor of a potential Coinbase IPO.

India’s Apex Court Postpones Cryptocurrencies Ban Hearing to November

India’s Apex Court Postpones Cryptocurrencies Ban Hearing to November

Back in April 2018, the Reserve Bank of India released a press release prohibiting banks from providing financial services to individuals and corporate bodies dealing in cryptocurrencies. This move by the Reserve Bank of India has received many criticisms from several individuals and the High Court of Delhi as the ban clearly violates the constitution.

India’s Central Bank Clears the Air on Cryptocurrencies not Being Outlawed

India’s Central Bank Clears the Air on Cryptocurrencies not Being Outlawed

India’s central bank, the Reserve Bank of India (RBI), has stated that it had not prohibited cryptocurrencies, such as Ethereum and Bitcoin, in the nation as it only highlighted the risks linked to crypto trading to regulated entities like banks.

Ripple CEO Brad Garlinghouse Criticizes India’s New Bill Seeking to Ban Crypto Trading

Ripple CEO Brad Garlinghouse Criticizes India’s New Bill Seeking to Ban Crypto Trading

Ripple CEO has responded to reports that India intends to introduce a ban on crypto trading.

Indian Bill To Ban Cryptocurrency Excluded From Winter Parliament Agenda

Indian Bill To Ban Cryptocurrency Excluded From Winter Parliament Agenda

The bill to ban cryptocurrency trade in India has been left of its parliamentary winter session agenda, fueling speculation that there has been a change in strategy.

India Considers New Law to End Crypto Trading Despite Numerous Overturns by the Supreme Court

India Considers New Law to End Crypto Trading Despite Numerous Overturns by the Supreme Court

The Indian government is planning to bring in a new law to ban cryptocurrency trading, following the prohibition of banks and financial services to provide services related to crypto.

Coffee Company to Use IBM Blockchain to Connect Farmers And Consumers

Coffee Company to Use IBM Blockchain to Connect Farmers And Consumers

The J.M. Smucker Company, known as Smucker’s, has announced that blockchain technology will be implemented in their system to trace Colombian coffee beans directly back to their source, all the while enabling consumers to support coffee farmers through the platform.

IAMAI to Host World’s Largest Virtual Global Fintech Fest

IAMAI to Host World’s Largest Virtual Global Fintech Fest

New Delhi, 01st July 2020: Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising the two-day virtual Global FinTech Festival on 22-23 July 2020.

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