Advocate From Supreme Court Of India Insists Cryptocurrencies Cannot Be Regulated

Lawyer Abraham C. Mathews describes himself as “a supreme court advocate and a chartered accountant who practices in the supreme court as well as the high court and some of the tribunals in Delhi.” Advocate from Supreme Court Of India insists cryptocurrencies cannot be regulated.   He wrote an article voicing his opinion on cryptocurrencies […]

The Government Of India Inaugurates National Crypto Forensics Lab

The Government Of India Inaugurates National Crypto Forensics Lab. Earlier this week, the government of India inaugurated a national cyber forensics lab which incorporates a forensic lab to perform crypto-related examinations. Government Of India Inaugurates National Crypto Forensics Lab!   Along with the forensic lab, there is also another inauguration of the Delhi Police’s cybercrime […]

Indian Government Worried Cryptocurrencies Will Undermine Rupee

The Indian government board is drafting crypto regulations. If cryptocurrencies are accepted as means of payments they could destabilize the rupee. This concern came to light even though there is no proof that cryptocurrencies pose any threat to financial stability at present. The Indian Government worried cryptocurrencies undermine rupee. Subhash Chandra Garg, Secretary of the […]

Blockchain-Linked Funding For Small Businesses By Indian Banks

Blockchain-linked funding for small businesses. This was launched by a consortium of eleven Indian banks. These eleven Indian banks may change the manner in which private ventures acquire loans by means of the blockchain. The blockchain-connected advance framework will concentrate on small and medium ventures. It will also focus on the means to evacuate communication […]

Digibank, India’s First Digital Bank To Freeze Customer Accounts.

Last year, the Reserve Bank of India decided to prohibit Indian banks from providing any assistance or services to cryptocurrency businesses. Following this development, Digibank, India’s first digital bank is to Freeze customer accounts. Banks have now included new terms in their clients’ contracts, denying them access to utilize cryptocurrencies of any kind. Now, Digibank, India’s […]

Reserve Bank Of India Bags State-Backed Cryptocurrency

Reserve Bank Of India Bags State-Backed Cryptocurrency. The Reserve Bank of India has retired its intention to dispatch a state-supported digital currency in the midst of expanded government weight and worries around tax evasion. PRECAUTIONS BY INDIAN GOVERNMENT It appears that administrative lucidity has dodged the crypto network in India, once more. The country’s national […]

Indian Gov’t Updates Its Approach To Cryptocurrency Regulation

Indian Gov’t Updates Its Approach To Cryptocurrency Regulation. The Indian Government has been approaching the country’s regulatory framework for cryptocurrencies with caution. It includes all the related information in areas such as the country’s cryptocurrency and licensing of crypto businesses. The Ministry of Finance has reportedly answered some questions regarding cryptocurrencies asked by Lok Sabha. […]

Facebook Is Developing Its Own Cryptocurrency For Transfers On WhatsApp

Facebook Is Developing Its Own Cryptocurrency For Transfers On WhatsApp – Facebook is reportedly working on a cryptocurrency that enables users of the messaging service WhatsApp, to transfer money. The plans are to focus first on the remittances market in India, according to Bloomberg on Dec. 20.   Further to the story in Bloomberg, it […]

An Indian State to Promote Blockchain Development

An Indian State to Promote Blockchain Development-The state government of Andhra Pradesh in India wants to build a community of blockchain startups in the state. Similarly, The Government brought a policy called the APIS – Andhra Pradesh Innovation Society which promotes world-class technology start-up ecosystem. APIS announced that it was partnering with the Eleven01 Foundation. The […]

SWIFT India and MonetaGo partner to prevent banking fraud

SWIFT India and MonetaGo partner to prevent banking fraud. SWIFT India, in collaboration with fintech company MonetaGo, is set to launch a Blockchain-based pilot program. However, this will facilitate fraud prevention for banks in a secure, reliable environment, and more importantly, to improve the efficiency and security of financial products, according to a press release published […]