India

India

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BRICS Bank Consortium to Research Blockchain Applications

BRICS nations' state-owned development banks plan to research blockchain technology for international transactions and other products.

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India's Supreme Court Pushes Crypto Banking Ban Hearing to September

A Supreme Court decision on the Reserve Bank of India's efforts to bar crypto firms from receiving banking services has been pushed to September.

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Markets

India's Ruling Party Accused of Involvement in 'Mega Bitcoin Scam'

The largest political party in India is accusing the ruling Bharatiya Janta Party (BJP) of being involved in a bitcoin scam to launder money.

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Crypto Exchanges Are Already Adapting to India's Bank Account Ban

As the Indian Supreme Court declined to end the Reserve Bank of India's crypto curb, exchanges in India are taking different actions.

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Court Says India's Crypto Exchange Bank Account Ban Will Continue

India's central bank won a key victory in court this week.

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Former Indian Lawmaker Declared 'Offender' in Bitcoin Extortion Case

A former Indian politician allegedly involved in a $1.3 million bitcoin extortion case has been declared a "proclaimed offender" by a local court.

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India's Central Bank Stays Mum on Crypto Ban Reasoning

The RBI has responded to a query about why it moved to block banks from dealing with crypto businesses earlier this year.

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Indian Telecoms Watchdog to Combat Nuisance Calls with Blockchain

India's telecoms regulator plans to leverage blockchain technology to combat unsolicited phone calls and SMS messages.

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India Considers New Tax on Cryptocurrency Trades

India could soon impose goods and services tax (GST) on many digital currency transactions, a report indicates.

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Markets

India's Supreme Court to Hold Crypto Lawsuit Hearing in July

The Supreme Court of India has decided to hear crypto-related cases with respect to the news from RBI stopping banks from dealing with cryptos.

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