05:26 pm

Tag: india

Coinsecure Has Big Plans For Bitcoin In India And Hires Elizabeth Ploshay McCauley. newsbtc

The Indian Government Still Undecided About Bitcoin’s Regulatory Status No Comments

India has emerged as a strong cryptocurrency market, thanks to increased adoption among the people in the past few months. It has also influenced the government to consider cryptocurrency regulations. Recently, an inter-ministerial committee was set up to explore the type of regulations that might be required to govern the use of cryptocurrencies within the country. As the committee continues t...

blockchain, biometrics, payments, authentication

Microsoft Azure Signs Up as Exclusive Cloud Service for Indian Blockchain Project No Comments

The Redmond-based tech giant, Microsoft is not new to blockchain technology. The company has been offering its Blockchain as a Service product to various blockchain initiatives for a while now. Recently, it has further expanded its reach in the Asian market by entering into an exclusive partnership with the Indian blockchain initiative for the banking sector. Earlier this year, few leading Indi...

Coinsecure Has Big Plans For Bitcoin In India And Hires Elizabeth Ploshay McCauley. newsbtc

The Present Scenario of Bitcoin Market in India No Comments

The Indian Bitcoin community, which initially had only a handful of people saw a sudden influx of new members following the government's overnight decision to demonetize certain high-value currency notes. With two of the largest denominations, INR 1000 and INR 500 losing their value, many people decided to minimize their dependency on the country' legal tender which is subject to the whims and fan...

bitcoin, india, government,

India Steps up Vigilance against Misuse of Bitcoin No Comments

The sudden growth of Bitcoin community in India accompanied by increasing price of the popular cryptocurrency has got the Indian Government taking extra precautions. According to reports on country's leading media outlets, the Ministry of Corporate Affairs has decided to keep a close eye on companies dealing with Bitcoin to prevent fraud. The report suggests that it is not just the Bitcoin exch...

coinbase, bitcoin, asia, japan, india, south korea,

Increased Bitcoin Demand from Asia Overloads Coinbase and Others No Comments

Coinbase has had few troubles in the past few days, thanks to increased demand for Bitcoin among the investor and cryptocurrency community. The outages experienced by the cryptocurrency trading and wallet platform has been attributed to massive demand for Bitcoin in the Asian countries, driving the price to unprecedented levels. Bitcoin has turned into an attractive financial asset since the be...

Around 2,500 People in India Are Investing In Bitcoin Every Single Day Despite RBI Warnings No Comments

India remains a critical region for Bitcoin adoption right now. Even though the local central bank advises consumers are cautious when dealing with Bitcoin, consumers are disregarding the warnings. In fact, it appears nearly 2,500 people invest in Bitcoin every single day. That is a rather surprising number, although it may only be a hint of things to come. Things are looking quite good for Bitcoi...

blockchain event india

India’s Kotak Mahindra Bank Implements Blockchain Solution No Comments

The Indian banking sector is excited about blockchain technology. Kotak Mahindra Bank has joined the growing list of banking institutions in the country which have started working on the implementation of blockchain technology. Kotak Mahindra Bank, a leading private sector bank in a country dominated by public banking institutions has today announced that it has piloted an end-to-end trade financi...

Coinsecure Has Big Plans For Bitcoin In India And Hires Elizabeth Ploshay McCauley. newsbtc

India Witnesses a Surge in Blockchain Events as Adoption Increases No Comments

India, the second most populous country has recently awoken to cryptocurrencies and blockchain technology. Until last year, the country's cryptocurrency community was made up of only a handful of people. Now, the rapidly growing ecosystem has witnessed not only an increase in Bitcoin and altcoin users but also blockchain technology developers and adopters. In the past year alone, some of the le...


Unocoin’s Partnership with PayU Enables Bitcoin Purchase through Netbanking No Comments

India is an emerging Bitcoin market. The country has seen a drastic increase in demand for the cryptocurrency since late-2016. As the Bitcoin community grows in the country, leading platforms are still in the process of making the whole exchange and trading process easier for them. Unocoin, one of the “Big Four” Indian Bitcoin platforms has announced a new development which will make buying Bi...

Coinsecure Has Big Plans For Bitcoin In India And Hires Elizabeth Ploshay McCauley. newsbtc

India Could Soon Legalize Bitcoin No Comments

Indian media outlets have reported about the recently held session of the country's parliamentary inter-ministerial committee on cryptocurrency. The committee's first session is said to have concluded on a promising note, where a majority of the members were in favor of introducing regulations on cryptocurrency usage, thereby offering a legal status to Bitcoin and other virtual currencies. On the...