Indian Cryptocurrency Regulation Is Ready, Official Confirms

Ahead of the G20 summit, India’s new finance secretary has confirmed that the report detailing the country’s crypto regulation is now ready. It will soon be submitted to the finance minister for approval. Since Arun Jaitley opted out of cabinet responsibilities, Prime Minister Narendra Modi has appointed a new finance minister. India’s Crypto Regulation Is ‘Ready’ After more than one […]

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Indian village women scale 60ft well to fetch water during droughts

Death-defying moment Indian village women scale down 60ft well with their bare hands to fetch water during severe droughts Woman collects small cannister of water from far reaches of dried-up well Footage taken in Badewadi village of Trimbakeshwar Taluka, near Mumbai, India Rural villages in the area still reeling from severe drought over last three years This is the death-defying […]

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Indian Police Crash “Who Wants to be a Millionaire” Crypto Scam and Charge Mastermind – BTCMANAGER

Con artists in India have been accused of duping at least 12 people of over $250,000 in the latest cryptocurrency scam. Local business people were persuaded into investing in the KBC Coin and promising them huge returns. The KBC Coin was named after Kaun Banega Crorepati, the Indian version of “Who Wants to be a Millionaire?” Victims Received Dividends for […]

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Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy

An Indian bank is reportedly forcing customers to agree that they “will not deal with any transactions related to cryptocurrency including bitcoins” when signing up for an account. In addition, there are reports of banks blocking accounts of their existing customers if they are found to have made crypto-related transactions. Account Opening Agreement Amid banking restrictions imposed by India’s central […]

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Indian Police Closes Country’s First Bitcoin ATM, Arrests Owner

Unocoin ATM Closed in India, Co-Founder Arrested A few weeks back, Unocoin launches its first Bitcoin ATM in India, specifically, in the City of Bengaluru. However, recently the cybercrime division of the City’s Police force stormed the Kiosk housing to close the Bitcoin ATM down. This follows a case the police division registry against the cryptocurrency exchange Unocoin. The exchange’s […]

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Indian Crypto Exchange, Zebpay Shuts Down Crypto Services

In an official announcement, Zebpay Bitcoin Exchange says that the firm will no-longer provide exchange services following RBI’s banking ban on the crypto industry. The blog reads; “The curb on bank accounts has crippled our, and our customers’, ability to transact business meaningfully. At this point, we are unable to find a reasonable way to conduct the cryptocurrency exchange business, […]

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Indian exchange CoinRecoil launches with zero withdrawal fees prior to key SC ruling

CoinRecoil, the exchange that first fought against the RBI Circular that prevented banks from interacting with cryptocurrency-related companies, is gearing up for its launch. It allows Indian cryptocurrency enthusiasts to withdraw funds from their portfolio with absolutely zero fees. The exchange is an initiative of blockchain and cryptocurrency startup known as Kali Digital Ecosystems Pvt. Ltd. This firm is the […]

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