BTCManager Logo with clear background. Orange and white font.

BITCOIN PRICE: 11,109.91     HIGH: 11,823.56     LOW: 9,222.00

=
BTCManager.com
advertisement
advertisement
advertisement
#TRENDING STORIES
Next Event

Blockchain Cruise Asia • January 15-19, 2018

CoinsBank took its maiden voyage when it held the first ever CoinsBank Blockchain Cruise aboard the Anthem of the Seas,…

Click for more details
advertisement

Tag: India

Bitcoin Still Too Small in India to be Regulated

Category: Bitcoin, Commentary, News, Regulation

Bitcoin Still Too Small in India to be Regulated

Cryptocurrency exchanges in India are bullish on the adoption of bitcoin and other digital currencies in the country. But many don’t believe the market is large enough for the Reserve Bank of India (RBI) or the Ministry of Finance to intervene and regulate yet. Companies belonging to the ecosystem also believe that the increase in volatility may attract more people…

READ MORE

India Turns Attention to Bitcoin Exchanges to Investigate Tax Evasion

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

India Turns Attention to Bitcoin Exchanges to Investigate Tax Evasion

On December 13, 2017, the Indian income-tax department reportedly conducted surveys at bitcoin exchanges across the country to assess the risk of individuals who may have evaded taxes. Surveying Indian Exchanges Typically such surveys are conducted by the department without prior warning and include relatively extensive scrutiny of the assessee’s account books and related assets. According to a spokesperson, exchanges…

READ MORE

Indian Bank Kotak Mahindra Launches Blockchain-Based Trade Finance Solution

Category: Blockchain, Business, Finance, News

Indian Bank Kotak Mahindra Launches Blockchain-Based Trade Finance Solution

India’s third largest private bank Kotak Mahindra announced on May 17 that it had enabled trade financing for one of its clients by applying blockchain technology to reduce the time it takes for the letter of credit (LC) to be completed from 20 to 30 days down to a few hours. The Mumbai-headquartered lender has collaborated with global consultancy firm…

READ MORE

Indian Tech Giant Hopes to Partner With US to Develop Blockchain Technology

Category: Blockchain, Business, Commentary, News, Tech

Indian Tech Giant Hopes to Partner With US to Develop Blockchain Technology

Tech Mahindra, the $6.3 billion tech giant of India, which generates $4.1 billion in annual revenue and employs around 120,000 people, has called for a partnership with the US to develop blockchain technology and implement it in the technology, telecommunications, and finance industries. An interview with local publication Khaleej Times focused on the US government’s foreign worker policies and President…

READ MORE

India is Potentially a Massive Market For Bitcoin If Legalized

Category: Bitcoin, News, Regulation

India is Potentially a Massive Market For Bitcoin If Legalized

After years of operating without clear regulatory frameworks, self-regulated bitcoin exchanges and businesses will most likely be introduced to a new set of regulations and policies by the Indian government in the next few months. Ever since the launch of Bitcoin in 2009, analysts and experts have stated that largely unbanked countries such as India present a potentially massive market…

READ MORE

advertisement

Has Bitcoin Become Illegal in India?

Category: Bitcoin, News, Regulation

Has Bitcoin Become Illegal in India?

Is India on the brink of becoming the next China? Did the central bank make bitcoin illegal? Or legal? Or both? A newspaper reports that bitcoin has become illegal in India, but an Indian exchange denies this. A committee shall decide who is right. According to the Economic Times of India the Indian central bank, the Reserve Bank of India…

READ MORE

Indian Bitcoin Startups Set Up Cryptocurrency Self-Regulatory Body

Category: Altcoins, Bitcoin, News, Regulation

Indian Bitcoin Startups Set Up Cryptocurrency Self-Regulatory Body

Indian Bitcoin startups Zebpay, Unocoin, Coinsecure and Searchtrade, launched a self-regulatory body on February 24. The body, named Digital Asset and Blockchain Foundation of India (DABFI), is charged with laying down rules and regulations that will govern the cryptocurrency market in India. Regulations for the bitcoin industry are to be developed by a committee spearheaded by Saurabh Agrawal (Zebpay) and…

READ MORE

India’s Central Bank Warns Against Bitcoin Amidst Move Toward Cashless Society

Category: Bitcoin, News, Regulation

India’s Central Bank Warns Against Bitcoin Amidst Move Toward Cashless Society

On November 9, 2016, India’s Prime Minister Narendra Modi surprised the nation by taking the two highest denomination notes, 500 and 1000 rupees, out of circulation in a daring move towards becoming a cashless society. The demonetization aims to reduce corruption, counterfeiting, black money and terrorism financing, which all rely on cash transactions. To recuperate GDP lost in India’s $460…

READ MORE

Rising Star In The Bitcoin World: Interview With Elizabeth McCauley of Coinsecure

Category: Bitcoin, Interviews, News

Rising Star In The Bitcoin World: Interview With Elizabeth McCauley of Coinsecure

Those who know Elizabeth (Ploshay) McCauley might say that she is on a career trajectory akin to the explosive rise of Bitcoin. As the Head of Global Business Development at Coinsecure she is involved in a high-stakes movement to fuel bitcoin access in India, one of the world’s fastest growing countries. She is also a Board Member of the Bitcoin…

READ MORE

Global War on Cash Intensifies, Demand For Gold, Silver & Bitcoin Surges

Category: Bitcoin, Finance, News

Global War on Cash Intensifies, Demand For Gold, Silver & Bitcoin Surges

A global war on cash has begun, as many countries have imposed heavy capital controls and have placed restrictions on fiat money. The increasing control of the authorities over traditional forms of money is pressuring investors, traders, households, and businesses to look for alternative safe haven assets like gold and bitcoin. Over the past few months, an increasing number of…

READ MORE

Join our Telegram Channel!