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Decentralized • November 14-16, 2018

After the huge success of Decentralized 2017, the University of Nicosia is proud to announce that Decentralized 2018 will take…

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Tag: India

Nasscom Urges Indian Startups to Shy away from Cryptocurrency

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Nasscom Urges Indian Startups to Shy away from Cryptocurrency

Debjani Ghosh, the president of the National Association of Software and Services Companies (NASSCOM), a nonprofit body focused on handling India’s information technology sector, has said that bitcoin and other digital assets are illegal in India. As such, businesses are required to desist from engaging in crypto-related activities, reported the Hindu BusinessLine on October 25, 2018. Bitcoin Still Illegal in…

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India’s First Cryptocurrency ATM Confiscated by the Police, Unocoin Co-founder in Custody 

Category: Bitcoin, Business, Crime, News, Regulation

India’s First Cryptocurrency ATM Confiscated by the Police, Unocoin Co-founder in Custody 

The local police have confiscated the recently launched Bitcoin ATM in India by Unocoin Technologies on the grounds of it being “illegal” as it was set up without any government approvals, The Times of India reports October 24, 2018. Unocoin Co-Founder in Custody Harish BV, the co-founder of Unocoin Technologies, was arrested by the cyber crime police on October 23,…

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Leading Indian Crypto Exchange Zebpay Sets off for Malta

Category: Altcoins, Bitcoin, Business, Ethereum, Exchange, News, Regulation

Leading Indian Crypto Exchange Zebpay Sets off for Malta

Perhaps the most stagnant of all global cryptocurrencies markets, the Indian crypto market’s future depends a great deal on the long-awaited decision by the Supreme Court of India, which has already been adjourned multiple times. This persistent state of uneasiness has forced one of India’s major digital currency exchanges, Zebpay, to ramp down its operations in the country and go…

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Indian Media Bashed after False Reports of a Cryptocurrency Blanket Ban Circulated

Category: Bitcoin, Finance, Investment, News, Platform, Tech

Indian Media Bashed after False Reports of a Cryptocurrency Blanket Ban Circulated

A recent report in the local Indian media which stated that holding crypto assets might invoke punishment by the legal authorities in the country didn’t bode too well with the global crypto community. This is solidified by a new report published by Trustnodes on October 17, 2018, which has heavily lashed on the speculated crypto ban. Subsequently, a knee-jerk reaction…

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Unocoin May Soon Launch India’s First Crypto ATM

Category: Altcoins, Business, Finance, News, Platform, Tech

Unocoin May Soon Launch India’s First Crypto ATM

Indian crypto exchange Unocoin acknowledged that it is launching country’s first crypto ATM, touted to support at least five cryptocurrencies, as reported by Inc42 on October 12, 2018. The news comes in a tensed moment as the country’s highest judicial forum, the Supreme Court of India, is to declare the verdict on the crypto banking blockade that crippled the local…

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NIIT Flies High on Blockchain to Deliver Quality Aviation Experience

Category: Blockchain, Business, Finance, News, Platform, Tech

NIIT Flies High on Blockchain to Deliver Quality Aviation Experience

One of the world’s leading IT solutions companies, NIIT, has fruitfully implemented its blockchain and Alexa applications making use of IATA’s Airline Industry Data Model (AIDM) to provide top quality travel experience to the airline passengers. According to a press release, dated October 4, 2018, the new solutions were showcased at IATA’s Global Airport Passenger Symposium (GAPS) 2018, being held…

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Zebpay Shutters Crypto Exchange Amidst an Unfavorable Crypto Environment

Category: Altcoins, Blockchain, Exchange, Finance, Investment, News, Platform, Tech, wallet

Zebpay Shutters Crypto Exchange Amidst an Unfavorable Crypto Environment

India’s leading cryptocurrency exchange Zebpay has announced to shutter its operations as an exchange on September 28. The company announced as a result of the crypto banking blockade imposed by the Central Bank of India – Reserve Bank of India’s, that has entirely crippled the sector in the country. Post the action, Zebpay’s digital wallet facility will remain active for…

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Regulatory Clampdown in India Leads to Mass Exodus of Blockchain Talent

Category: Blockchain, Business, News, Regulation

Regulatory Clampdown in India Leads to Mass Exodus of Blockchain Talent

India is currently witnessing the mass movement of blockchain and cryptocurrency talent, as the regulatory environment toughens within the country. According to an article published by News18 on September 19, 2018, blockchain talent which includes developers, service providers, and blockchain-related companies are moving abroad to cryptocurrency-friendly countries like Thailand, Estonia, and Switzerland. Blockchain Destinations Attracting Indian Talent “There are talented…

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Amidst India’s Reluctance to Adopt Cryptocurrencies, ‘Cryptojackers’ Mint Money off of Indian Websites

Category: Altcoins, Business, Finance, Investment, News, Tech

Amidst India’s Reluctance to Adopt Cryptocurrencies, ‘Cryptojackers’ Mint Money off of Indian Websites

Although Indian regulatory bodies have maintained their distance from cryptocurrencies – this attitude has not deterred ‘cryptojackers’ from indirectly mining cryptocurrencies off of government websites. Per a report by The Economic Times, published on September 17, 2018, ‘cryptojacking’ continues to be a menace for the websites in the country. Cryptojacking on a Climb Hackers continue to mine cryptocurrencies taking advantage…

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TransferGo Banks on Ripple’s Blockchain Solutions for Indian Expansion

Category: Altcoins, Blockchain, Business, News, Tech

TransferGo Banks on Ripple’s Blockchain Solutions for Indian Expansion

TransferGo, a digital payments solutions firm headquartered in London has announced that it has extended its remittance services to India. Per a press release published on September 5, 2018, TransferGo will serve its customers in India, enabling swift real-time remittances from “anywhere in Europe” with aid from Ripple’s blockchain solutions. Collaboration with Ripple Although Ripple’s crypto token XRP seems to…

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