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World Blockchain Roadshow 2018 – Asia and Europe • June 28 - August 18, 2018

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Tag: RBI

Indian Regulators May “Unban” Cryptocurrency Trading Soon

Category: Adoption, Altcoins, Bitcoin, Blockchain, News, Regulation

Indian Regulators May “Unban” Cryptocurrency Trading Soon

The Reserve Bank of India’s (RBI) harsh stance towards the local digital currency space may not last forever. If the latest report coming from reliable sources at the finance ministry is anything to go by, authorities are on the verge of regulating blockchain-based virtual currencies as commodities, a move that would be very beneficial to cryptocurrency investors in the Asian…

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India Admits to not Conducting Due Research before Placing Cryptocurrency Ban

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

India Admits to not Conducting Due Research before Placing Cryptocurrency Ban

A reply by the Reserve Bank of India (RBI) to a New Delhi-based advocate’s Right To Information (RTI) application revealed the bank did not research before placing a blanket ban on dealing with digital currency businesses in the country. RBI’s Epistemic Crisis The Economic Times reported the development on June 13, 2018, after lawyer Varun Sethi, a self-styled blockchain lawyer,…

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Indian Supreme Court Upholds RBI’s Decision to Stop Servicing Crypto-related Businesses

Category: Altcoins, Bitcoin, Business, Finance, News

Indian Supreme Court Upholds RBI’s Decision to Stop Servicing Crypto-related Businesses

Indian authorities have joined forces together to stifle the growth of its local cryptospace. In the latest development, the Supreme Court has refused to grant an interim injunction against the Reserve Bank of India (RBI) directive prohibiting domestic financial institutions from rendering banking services to firms in the blockchain-based virtual currency world. No Room for Bitcoin According to a tweet…

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