India
Indian Finance Ministry: Cryptocurrencies Are 'Like Ponzi Schemes'
The India government doubled down its skepticism over cryptocurrencies, calling them like "Ponzi Schemes."
India's Tax Department Collects User Data at Multiple Bitcoin Exchanges
The Indian Income Tax Department has visited bitcoin exchanges across the country seeking data on tax avoiding users.
Bitcoin Not Legal Tender in India, Finance Minister Says
India's finance minister, Arun Jaitley, has said bitcoin is not legal tender in the country and indicated that regulations are under consideration.
India's Supreme Court Prods Government on Bitcoin Regulation
The court asked India's central bank and several government agencies to respond to a petition that expressed concern about tax dodges and ransomware.
Indian Central Bank Studies 'Fiat Cryptocurrency' for Digital Rupee
The executive director of the Reserve Bank of India has confirmed that research into a "digital rupee" is still ongoing.
Wallet Provider Blockchain Partners With Indian Bitcoin Exchange
Blockchain, the provider of the world's most popular bitcoin wallet, has partnered with Indian cryptocurrency exchange Unocoin.
Indian State Partners to Build Public Sector Blockchain Applications
The Indian state of Andhra Pradesh has announced a new partnership with cybersecurity firm WISeKey to secure citizen data with blockchain tech.
Central Bank-Backed Group Plans Blockchain Platform Launch in India
Researchers in India supported by the country's central bank are planning to launch a new blockchain platform this year.
India Close to Finishing Work on Cryptocurrency Rule Proposals
India's government has reportedly completed work on a report that outlines possible steps for regulating cryptocurrencies.
Bitcoin Exchange Unocoin to Repay Users After Account Thefts
Users of Unocoin reported that their funds had been stolen over the weekend, prompting the India-based bitcoin exchange to temporarily close.
