Tag Archives: India

[ad_1] India could make a reversal of its cryptocurrency directives. For reports from New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country, but with stricter rules. This revelation comes just months after a government group suggested the creation …

[ad_2][ad_1] Reports on social media indicate that banks in India threaten customers who treat Bitcoin and other cryptocurrencies with the closure of their accounts. This move is the last salvo of the banking sector in a country where the scrambles seem almost banned. Upping the Ante On Friday (11 January …

[ad_2][ad_1] The head of a non-profit commercial organization in India said that the cryptocurrency is "illegal" and urged companies to comply with the law, as reported daily by Hindus Thursday, October 25. Debjani Ghosh, president of the National Association of Software and Services Companies (NASSCOM), was quoted by Hinduism saying …

[ad_2][ad_1] A group of people accused of conducting an encrypted scam were arrested by the Indian police. Apparently, they were involved in a virtual currency scam that reaches $ 71.6 million. The information was released on January 7 from the local Indian Express news site. This is not the first …

[ad_2][ad_1] It is likely that India's long-standing saga on the legality of cryptocurrency will see the lifting of the current ban in 2019. Indian flip flops Reports suggest that the government-led committee, which discusses the issue, is in favor of legalization, albeit with strong regulations. India was one of the …

[ad_2][ad_1] The general public is advised not to make any investments in cryptocurrencies, virtual currencies (VC) as bitcoins because there is a real and high risk associated with them. The recent police advisory, according to the Business Standard, has also stated that all cryptographic transactions are coded and, as such, …

[ad_2][ad_1] The warning within the Indian states continues to flow for the people against reports in the encrypted markets. Recently, on January 2, a local newspaper reported that the police of the Indian state of Jammu and Kashmir had issued a public statement, warning the public not to invest in …

[ad_2][ad_1] The RBI recently canceled its strategy of presenting a state-supported cryptographic resource between the workload and the increased concerns around the AML. Although the responses of the instruction remained available until the end of July 2018, according to the news did not see the advantage of the day, an …

[ad_1] The India Fund (IFN): The India Fund (IFN) stocks increased by 0.17% compared to the 20-day moving average, showing a short-term upward movement. It has moved 3.02% compared to the simple 50-day moving average. This is showing a medium-term bullish trend based on SMA 50. The share price went …

[ad_2][ad_1] . LEGALIZATION OF INDIA CRIPTOCURRENCE The Indian government may be about to legalize cryptocurrencies, but with severe measures attached. According to an article published Wednesday by the New Indian Express, an interdisciplinary committee set up by the government in April 2017 to investigate cryptocurrencies, is not in favor of …