Tag: Indian

Indian Government Inaugurates National Crypto Forensic Lab

Indian Government Inaugurates National Crypto Forensic Lab The government of India has inaugurated a national cyber forensics lab which includes a cryptocurrency forensic lab to perform crypto-related analyses. Alongside this is the inauguration of the Delhi Police’s cybercrime unit which will deal with fraud involving cryptocurrencies. It is the first cybercrime […]

Indian Blockchain Summit Draws Policy Makers to Speed up Crypto Regulation

Indian Blockchain Summit Draws Policy Makers to Speed up Crypto Regulation An Indian government-supported blockchain summit is drawing many policy makers with the aim to speed up the development of cryptocurrency regulation in the country. Among expected participants are officials from the Indian Ministry of Finance and the panel currently […]

Report: Indian Government Concerned Cryptocurrencies Could Undermine the Rupee

Report: Indian Government Concerned Cryptocurrencies Could Undermine the Rupee The Indian government panel tasked with drafting crypto regulation is reportedly worried that cryptocurrencies could destabilize the rupee if they are accepted as payments. Its concern came to light despite evidence that cryptocurrencies do not currently pose a threat to financial stability. […]

Report: Indian Government Finalizing Crypto Regulatory Framework

Report: Indian Government Finalizing Crypto Regulatory Framework The Indian government has reportedly confirmed that the report containing a regulatory framework for cryptocurrencies by an inter-ministerial committee is being finalized. This confirmation is in response to a Right to Information filing by a local news outlet. Also read: Indian Supreme Court Moves […]

Indian Supreme Court Pushes Crypto Case Against RBI to End of February

Indian Supreme Court Pushes Crypto Case Against RBI to End of February The case against the crypto banking ban by the Reserve Bank of India (RBI) was unexpectedly heard at the country’s supreme court on Thursday. However, senior advocates for the parties were reportedly absent, so a new date has […]

Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy

Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy An Indian bank is reportedly forcing customers to agree that they “will not deal with any transactions related to cryptocurrency including bitcoins” when signing up for an account. In addition, there are reports of banks blocking accounts of their existing customers […]

Indian Exchanges End Year With Improved Services, Optimism About Regulation

Indian Exchanges End Year With Improved Services, Optimism About Regulation As the Indian government deliberates over cryptocurrency regulation, positive sentiment grows among local crypto exchanges regarding their government’s eventual decision. A number of them have also added new features and improved services such as offering interest on crypto deposits, increased […]