Tag: rbi

  • Cryptocurrency
    Crypto

    Will India Finally See Cryptocurrency Regulations in Place By End of 2018?

    Cryptocurrency regulations in India have been a source of uncertainty for the markets since the government’s unprecedented tirade against crypto that began this past April. However, it’s reported that the government is now likely to finalize some common sense regulatory measures starting in late 2018. A finance ministry...

    Cole Petersen | August 13, 2018 | 6:00 pm
  • ripple india
    Industry

    Ripple Claims its 50% Share in India is Inroad to Global Market

    A representative of Ripple recently discussed the company’s strategy which allowed them to capture 50% of India’s crypto market. Ripple has 50% Share of Indian Market Senior Vice President of Product at Ripple, Asheesh Birla, spoke on a panel at the Wharton School of Business about how Ripple...

    John McMahon | July 11, 2018 | 2:00 pm
  • Crypto
    Crypto

    Indian Crypto Exchange Asks Users to Withdraw Funds Before July 5

    The Reserve Bank of India (RBI) decided, in a circular issued on April 6, that banks in the country will no longer be allowed to do business with crypto exchanges. The deadline, which expires on July 5, is forcing companies to prepare for the worst. Zebpay, one of...

    Ricardo Esteves | June 28, 2018 | 11:00 pm
  • Crypto

    Future of Cryptocurrency in India Uncertain, Fate to be Decided in Summer

    India, one of the largest countries in the world with a population of 1.3 billion potential future users of cryptocurrencies, remains in a legal limbo as cryptocurrency exchanges await more clarity from the Reserve Bank of India (RBI) and the country’s supreme court. Operators have recently been barred...

    Ricardo Esteves | May 19, 2018 | 9:00 pm
  • RBI
    Industry

    Indian High Court Set to Debate Whether Cryptocurrency Crackdown is Constitutional

    India’s recent problems with cryptocurrencies and the exchanges that trade them has caused investors a lot of stress, both locally and globally. Fortunately for crypto-enthusiasts, dealings have now reached the country’s high courts. Challenging Royal Bank of India’s Crackdown Yesterday, April 22nd, the Delhi high court issued a...

    Thomas Delahunty | April 24, 2018 | 1:28 am
  • RBI
    Industry

    Indian Crypto Traders Seeking Alternatives Following RBI Crackdown

    Bitcoin case study: Aniket Patel is an Indian teenager and cryptocurrency investor who is still working on his school exams. Despite this, Patel spends more time checking the Reserve Bank of India’s (RBI) website than scouting for exam results. This is because Patel considers himself a long term...

    Thomas Delahunty | April 16, 2018 | 3:00 am

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