India

India Supreme Court Seeks Government Opinion on Crypto Within 2 Weeks
The Supreme Court of India has asked the government to give its view on cryptocurrencies, amid fallout from a ruling by the central bank in April.

Indian Police Seize ATM Run By Crypto Exchange Unocoin
Police in the Indian city of Bangalore have seized an ATM just weeks after it was set up by crypto exchange Unocoin.

How a Bitcoin Exchange Is Surviving the Central Bank Crackdown in India
Indian regulators' clampdown on crypto firms is forcing exchange Unocoin to experiment with ATMs and stablecoins to continue receiving fiat deposits.

India's Central Bank Denies 'Formal Creation' of Blockchain Unit
The Reserve Bank of India has denied officially forming a new unit to research AI and blockchain technology, despite reports to the contrary.

Dell Eyes Blockchain Investment to Boost Business Growth
Dell subsidiary Dell EMC is looking into blockchain technology as a way to draw more customers to its server business.

Cryptojacking Scripts Found on Local Indian Government Sites
Municipal government websites in Andhra Pradesh are running cryptojacking scripts, a group of security researchers found earlier this month.

Indian Central Bank Argues Cryptos 'Not Valid' as Currency in Court Battle
The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency.

Indian Government Approves Bank's Blockchain Research
India's top executive body has granted approval for the Exim Bank to conduct research into how blockchain technology may benefit the financial sector.

TransferGo Opens Payments Corridor to India Using Ripple Tech
Payment provider TransferGo has announced it is launching a remittance corridor to India that uses Ripple technology for near real-time transactions.

India Eyes State Digital Currency to Cut $90 Million Banknote Bill
The Reserve Bank of India is mulling a central bank digital currency as a means to reduce the country's huge spend on minting physical cash.

