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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.

Arun Jaitley, India finance minister

Markets

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.

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Markets

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.  

Reserve Bank of India (Shutterstock)

Markets

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.

Credit: Shutterstock

Markets

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.

India

Markets

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.

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Markets

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.

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Markets

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.

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Markets

Indian Securities Regulator Reveals Plans to Study Blockchain

India's securities markets watchdog has announced that it will explore blockchain for potential applications to its regulatory oversight processes.

India

Markets

Indian State Officials to Weigh Policies for Public Sector Blockchain Use

Officials in Karnataka are planning an event on blockchain and governance in the near future.

taj mahal, india