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How the New Crypto Law in India Could Play Out

How the New Crypto Law in India Could Play Out

After the celebration seen in India’s Supreme Court as the verdict was given against the Reserve Bank of India (RBI) in its action of restricting financial institutions from providing banking services to cryptocurrency-based businesses, interested parties are wondering how the recent news will play out.

Why Hong Kong is Still Not Ready to Become Asia's Leader in Crypto and Blockchain

Why Hong Kong is Still Not Ready to Become Asia's Leader in Crypto and Blockchain

During a live webinar, as part of the UK FinTech Week, Clara Chiu, the Head of Fintech Unit & Director of Licensing at the SFC explicitly stated that Hong Kong does not have the mandate to create a large regulatory regime for cryptocurrencies or to attract more investors or players in the crypto field. Rather than promoting the crypto sector, Hong Kong is rather focused on protecting investors and promoting new regulations for the same reason. Is focusing on licensing enough for the city?

India’s Crypto Bill Hearing Postponed by Supreme Court

India’s Crypto Bill Hearing Postponed by Supreme Court

The Indian supreme court has set a new date to hear the crypto case, which was originally scheduled for July 23. The purpose of the hearing was to address the writ petitions against the central bank’s crypto restriction.

The Coffee Board of India Views Blockchain-Driven Platform as the Holy Grail

The Coffee Board of India Views Blockchain-Driven Platform as the Holy Grail

At least 30,000 coffee farmers have signed up for a blockchain-driven electronic-market platform since it was launched by the Coffee Board of India (CBoI) in March

LinkedIn: Blockchain Jobs Skyrocketing in India

LinkedIn: Blockchain Jobs Skyrocketing in India

According to LinkedIn’s 2020 Emerging Jobs Report, positions, such as blockchain developers, have skyrocketed to unprecedented levels in India. LinkedIn views emerging jobs as tasks that have witnessed incredible demand in a certain region.

Reserve Bank of India Says Banks Are Authorized to Provide Accounts to Cryptocurrency Traders

Reserve Bank of India Says Banks Are Authorized to Provide Accounts to Cryptocurrency Traders

The Reserve Bank of India recently responded to an information query, saying that Indian banks are not prohibited from dealing with crypto businesses.

India Darknet Policing Ramps Up Following Drug Racket Arrests

India Darknet Policing Ramps Up Following Drug Racket Arrests

Law enforcement agencies in India are teaming up with national research and academic institutions to enhance their ability to police the darknet.

Crypto Clarity for Ripple's XRP not only Missing in the US but also in India

Crypto Clarity for Ripple's XRP not only Missing in the US but also in India

Ripple faces regulatory hurdles for XRP in the United States, but that may not be the only place where XRP operations are not welcome.

Estonia Revokes 500 Crypto Business Licenses in a Move Against Illegal Money Laundering Activities

Estonia Revokes 500 Crypto Business Licenses in a Move Against Illegal Money Laundering Activities

Estonian authorities have recently revoked licenses from 500 crypto firms, and consequently tightened market regulations within the crypto sector.

The Reserve Bank of India Has its Eyes on CBDC

The Reserve Bank of India Has its Eyes on CBDC

The Governor of the Reserve Bank of India says the monetary authority is “very much in the game” to launch a CBDC.

India Cryptocurrency Ban Resurfaces, Traders and Miners to be Targeted This Time

India Cryptocurrency Ban Resurfaces, Traders and Miners to be Targeted This Time

India is out again to ban cryptocurrencies with a target on traders and miners.

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