#India Crypto Ban Bill News

India’s Crypto Ban May Extend to IPO Promoters

February 22, 2021 by Anthonia Isichei at Regulation

The extent of the anti-crypto sentiment in India seems to be deepening with initial public offerings (IPO) participants like promoters, investment banks, and lawyers likely to be barred from holding or investing in cryptocurrencies. Meanwhile, the threat of a blanket virtual currency ban continues to loom over one of the...

Jack and JAY-Z are giving 500 BTC to fund Bitcoin development

Jack Dorsey and Jay-Z Set Up Btrust Focused on India and Africa

February 12, 2021 by Wayne Jones at Bitcoin

Twitter CEO Jack Dorsey announced he would be giving a blind Bitcoin (BTC) development trust worth 500 BTC ($23.7 million) with Jay Z for teams working on the project in India and Africa. Btrust, the project's name, will have no binding direction from them. https://twitter.com/jack/status/1360114881978982403 Btrust Aims to Promote Bitcoin...