Bitcoin News — Reserve Bank of India

Indian Court Gives Government Two Weeks to Submit Crypto Report

Posted by Kevin Helms on

Indian Supreme Court Gives Government 2 Weeks to Submit Cryptocurrency Report for RBI Ban CaseIndia’s supreme court has brought up the case against the cryptocurrency banking ban by the Reserve Bank of India after one-and-a-half months of delay. The court has reportedly asked the government to submit a report of the findings from the committee it had set up to understand the crypto space and recommend regulatory measures. Also […]

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Indian Cryptocurrency Exchanges See Rapid Growth in P2P Trading

Posted by Kevin Helms on

Indian Cryptocurrency Exchanges See Rapid Growth in P2P TradingTrading volumes on exchange-escrowed peer-to-peer (P2P) cryptocurrency trading platforms in India are rising rapidly amid the banking ban by the country’s central bank. “Indians are warming up to P2P in amazing ways,” the CEO of a local crypto exchange told news.Bitcoin.com. Several other exchanges competing in the same space are seeing similar responses from their […]

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How a Bitcoin Exchange Is Surviving the Central Bank Crackdown in India

Posted by Leigh Cuen on

Indian regulators' clampdown on crypto firms is forcing exchange Unocoin to experiment with ATMs and stablecoins to continue receiving fiat deposits.

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30 Crypto ATMs Launching in India — Unocoin Unveils Solution to RBI Banking Ban

Posted by Kevin Helms on

30 Crypto ATMs Launching in India — Unocoin Unveils Solution to RBI Banking BanA major crypto exchange in India, Unocoin, has officially announced the launch of its crypto ATMs. CEO Sathvik Vishwanath told news.Bitcoin.com that, initially, the company plans to deploy 30 machines in three Indian cities. “These ATMs help people to cash in and cash out which was not possible before” due to the crypto banking ban […]

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India’s Zebpay Shuts Down Exchange Activities

Posted by Kevin Helms on

India’s Zebpay Shuts Down Exchange ActivitiesOne of the largest cryptocurrency exchanges in India, Zebpay, is shutting down its exchange activities due to the crypto banking ban imposed by the country’s central bank. “At this point, we are unable to find a reasonable way to conduct the cryptocurrency exchange business,” Zebpay wrote. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, […]

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