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You Searched For "is crypto mining legal in india" and got 20 results


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2 mins read

Residents in rural Texas are suing their noisy neighbor: a humming bitcoin mining facility

Residents want a permanent injunction, alleging the bitcoin mining facility's loud hum and vibratio…

Geoff Weiss   


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5 mins read

Fervent Bitcoin trading approaches fresh supply crunch; Here’s what this week’s ‘halving’ event implies

Bitcoin's recent surge to record-breaking highs has left many scratching their heads in awe. Within…

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Russia is turning to crypto as sanctions snarl payments, report says

Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …

Filip De Mott   


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3 mins read

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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1 min read

Crypto currencies have no underlying value, says RBI official

Crypto currencies cannot be referred to as "currencies" as they have no underlying value, a central…

PTI   


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6 mins read

Crypto FAQs answered — everything you need to know about crypto regulations, trading, taxes and CBDC in India

So far, the legality of cryptocurrencies in India have been more or less grey. The country act…

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4 mins read

Illegal mining for cryptocurrencies remains rampant as miners look to maximise profits with cheap electricity

Regular mining and mining for cryptocurrencies may not be the same thing, but they do have somethin…

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The world cannot afford a crypto mania: Shaktikanta Das

RBI Governor Shaktikanta Das on Thursday said the central bank does not "emulate" others when it co…

PTI   


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Bitcoin miners in Iran get the green light to resume operations after a four month hiatus — but it could just be temporary

However, the future remains uncertain of these miners being able to stay online with the ons…

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Iran is planning to introduce a legal framework for crypto even as Bitcoin mining activity remains restricted

He also warned retail investors to be careful of "unprofessional" businesses currently operating…

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The IMF is urging El Salvador not to use bitcoin as legal tender citing the 'large risks' associated with the cryptocurrency

Using bitcoin as legal tender "entails large risks for financial and market integrity, financial st…

Isabelle Lee   


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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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Campaigners call for bitcoin miners to drop 'proof of work' to reduce their excessive use of energy

Greenpeace and other climate groups hope to tackle the excessive energy use in bitcoin mining by en…

Adam Morgan McCarthy   


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Kazakhstan's new rules require crypto miners to make disclosures before starting operations

They will also be required to submit technical specifications of how they connect to the power…

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3 mins read

An Indian home can live for a year with the energy it needs to mine a single Bitcoin

Bitcoin mining has long been criticised for being inefficient and a power guzzler. Now, a new repor…

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1 min read

As cryptocurrencies became mainstream, these were biggest movements in regulation this year

India’s cryptocurrency bill may still be stuck in a jungle of red tape, but other countries like El…

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3 mins read

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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5 mins read

A teen posing as an oligarch's son mysteriously jumped to his death after befriending a gangster and a crypto millionaire

New evidence is emerging in the death of Zac Brettler, a 19-year-old who jumped from a fifth-floor …

Mikhaila Friel