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Any action on crypto assets will have to be global: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said that there was a greater acceptance among G20 members that…

ANI   


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Crypto issue requires immediate attention, says FM Sitharaman

Issues related to crypto have emerged as a major point of discussion among G20 countries and th…

PTI   


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1 min read

China's stock rout has spurred a mad dash into banned bitcoin

China's crypto volumes have outpaced those in Hong Kong as investors shy away from domestic stocks.

Filip De Mott   


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RBI seeks a crypto ban but it needs global collaboration, says Nirmala Sitharaman

The Reserve Bank of India (RBI) has recommended the government to frame regulations for cryptocurre…

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Sanctions-hit Russia is rushing to set up payment systems, including crypto, to make trading easier

Russia is facing so many issues with its international trade payments that it's shifting its previo…

Huileng Tan   


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Crypto will ignite the next financial crisis if it's not banned — just look at the FTX fiasco, India's central bank boss says

"Mark my words, the next financial crisis will come from private cryptocurrencies," top G20 central…

George Glover   


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Taxing cryptocurrencies does not give them legal status, clarifies India’s finance minister

India’s Finance Minister Nirmala Sitharaman clarified in Parliament that taxing cryptocurrencies do…

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4 mins read

India ends Winter Session of Parliament with no crypto bill in sight

The Indian Parliament’s Winter Session has drawn to a close with no cryptocurrency bill making it t…

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3 mins read

India's crypto bill may reportedly restrict exchange-to-exchange transfers and even launch its own crypto wallet

India is currently in the midst of bringing in new regulations to govern the crypto industry. Accor…

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No crypto ban in India — SEBI will reportedly be pulled in to regulate the sector

The Indian government is not looking to ban cryptocurrencies, but to regulate them as ‘assets’. All…

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India should ban 'Ponzi' private cryptos or risk wrecking the country's financial system, a top RBI central banker has warned

Private cryptocurrencies are worse than a Ponzi scheme, and could wreck India's ability to control …

Hamza Fareed Malik   


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4 mins read

The lawyer behind getting India’s 2018 crypto ban quashed hasn’t ruled out going to court again

The industry as a whole is hoping that the government will find the right balance so as to not r…

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3 mins read

10 countries that banned cryptos calling them threats, ponzi schemes & more

As per the Law Library of Congress, a global research directorate, eight jurisdictions had an absol…

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After Coinbase and CrossTower, Singapore’s Coinstore is now entering India despite fears of a ban on crypto

Singapore-based Coinstore has announced plans to enter the India market. Its competitor CrossTower …

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Indian government confirms that its new crypto bill is not the same as the old one

“We are in a position where we are close to bringing a bill in Parliament,” she said today, Nove…

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India’s cryptocurrency bill is going up for discussion in December — but it seems to be beating to same rhythm as 10 months ago

The Indian government plans to put its cryptocurrency bill up for discussion in Parliament during t…

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India’s market watchdog warns mutual funds to stay away from crypto assets at least until regulations come in

India's market watchdog, the Securities and Exchange Board of India (SEBI), wants mutual funds to w…

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It would be nearly impossible for India to ban cryptocurrencies — here’s why

Jaideep Reddy, a technology lawyer with Nishith Desai Associates (NDA), told Business Insider that …

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Crypto players in India to meet with government today to give inputs on the potential of cryptocurrencies in the country and its impact

Representatives from Indian crypto exchanges like WazirX, Coinswitch Kuber, CoinDCX and others are …

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IDFC First Bank joins ICICI Bank, Yes Bank and others in stopping services to crypto companies, despite RBI's nudge to ignore its 2018 order

IDFC First Bank isn't the only one to keep its distance from the volatile markets. ICICI Bank,…