Tag: india

Bitcoin Price in India Surpasses International Market Rate No Comments

Increasing local demand in the face of limited supply has prompted Bitcoin price to reach an all-time high on Indian exchanges - nearly 15-percent the going rate in global markets. According to the statistics available on BitcoinRates.in, the current daily average Bitcoin buying and selling rate on all Indian exchanges are ₹ 834,812.90 (~ $12,951.87) and ₹ 820,489.20 (~ $12,729.64). In t...


India Buy Bitcoin

India’s Bitcoin Party to End Early? No Comments

S. Ganesh Kumar, a director of the Reserve Bank of India, seems to have put an end to debate over cryptocurrency's future in the country. Speaking on Monday, he said that virtual currencies would not be allowed for use as a means of payment or settlement in India. Although this is not an immediate ban, the outlook certainly does not look good for Bitcoin in the planet's second most populated count...


Indian Mobile-Based Wallet and Exchange Provider Zebpay Announce One Million Downloads and Counting No Comments

According to their Twitter account, Indian wallet and exchange application Zebpay hit an impressive milestone of one million downloads last month. They also estimate an influx of 500,000 new users per month in 2018. Zebpay was launched in 2015 by trio of entrepreneurs, Mahin Gupta, Sandeep Goenka, and Saurabh Agrawal. They registered their company in Singapore on the recommendation of Nishith D...


NewsBTC India Arrests Bitcoin

Six Bitcoin Thieves get Arrested in India No Comments

Criminals have always been attracted to cryptocurrency for obvious reasons. This new form of money is rather valuable and can be considered to be pseudonymous as well. In India, some criminals tried to scam users by posing as Bitcoin traders. Thankfully, they were apprehended by the local police. It is not the first nor the last time we see this type of crime involving Bitcoin either. Six peopl...


IndiCOin

Indicoin – India’s first ICO to begin on 1st October No Comments

Indicoin is an autonomous cryptocurrency and a social service platform built on top of Ethereum Blockchain that enables users to provide social proof to the blockchain community through a decentralized and transparent voting process thereby incentivizing and encouraging the user to create an inclusive community of people who are incentivized to do social tasks. It is the first ever social platform...


NewsBTC Interviews ZebPay Co-founder Sandeep Goenka No Comments

NewsBTC recently had a chance to sit down with ZebPay's Sandeep Goenka. With a major blockchain conference taking place in Mumbai, it was a good time to meet up. India is quite an intriguing region when it comes to Bitcoin, as there is a strong focus on digital payment solutions already. NewsBTC's Editor-in-Chief Gautham Narasimhamurthy had a good discussion with Goenka regarding the future of Bit...


Ripple, India

Ripple Tackles India’s Digital Economy by Opening a new Mumbai Office No Comments

India is one of the more innovative regions in the world when it comes to digital finance. Various mobile payment applications are competing with one another. Cryptocurrency has also cemented its own legacy in the country as we speak. Ripple is the latest company to try and stake their claim in the country. A new Mumbai office has been opened, which will bring Ripple's technology to India for the ...


india, regulations, bitcoin, Saudi Arabia

Bitcoin Economy Needs a Self-Regulatory Organization, Not Mainstream Regulators No Comments

India is going through a Bitcoin revolution, as the interest in the cryptocurrency continues to increase. At the same time, the Bitcoin ecosystem is currently at the crossroads due to the government's interest in regulating the digital currency. Following the creation of an inter-ministerial committee to evaluate cryptocurrencies and potential regulatory steps, there are speculations that Secur...


india, regulations, bitcoin, Saudi Arabia

India Plans to Include KYC Norms for Bitcoin Transactions No Comments

The rising cryptocurrency usage in India, combined with Bitcoin's rising price recently increased the government's interest in the cryptocurrency market. In order to regulate the market, a committee was set up by the country's Finance Ministry, which has been analyzing the cryptocurrency market, usage trends and the technology itself for few months. According to reports on leading media outlets...


blockchain event india

India Registers a Rise in Demand for Blockchain Courses and Experts No Comments

The blockchain segment in India is off to a good start. As more companies are looking forward to exploring the use of blockchain technology within their organizations, the demand for blockchain experts is on the rise. The trend, which until now was visible in the European and American markets has now made its way into the Indian job market as well. With blockchain and cryptocurrency technology ...


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