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February 19-20, 2019

# RBI News

In what will come as a temporary respite, the Indian Ministry of Finance has filed a long overdue counter affidavit to the petition filed by concerned citizens. On October 25, 2018, the Supreme Court of India had directed the counsel of the Union of India to file a counter affidavit...
A market analysis revealing the number blockchain developers worldwide has placed India in second place to the United States, beating the UK, Canada, and France. According to the results published and procured by UK-based blockchain consulting firm Dappros, it is estimated that there are a total of 12,509 developers in...
October 14, 2018 by at Altcoins, Business, Finance, News, Platform, Tech
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...
September 2, 2018 by at Altcoins, Bitcoin, Finance, News, Regulation
The Reserve Bank of India’s decision to crack down on the emerging crypto space may have been having the unintended effect of pushing digital currencies back into the underground. Ban Creating a Black Market? On August 29, 2018, the RBI released its annual report, which stated that there was a...
Speaking at the inaugural International Blockchain Congress held in India on August 4, 2018, Jaideep Reddy, a prominent Indian lawyer and crypto market advisory specialist, has criticised the anti-crypto stance of the Reserve Bank of India (RBI) which prevents banks from carrying out transactions with crypto-related entities.  Reddy stated that...
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