March 6, 2021

No crypto ban in India: Finance Minister predicts “very calibrated” stance

In an interview with CNBC, Indian Finance Minister Nirmala Sitharaman stated that reports of a blanket ban on cryptocurrencies are overstated. While negotiations are ongoing, she […]
March 1, 2021

$250M Fund to Invest in Polkadot and Cardano Launched in India

Based in Dubai, UAE, FD7 is a crypto-oriented investment fund with over $1 billion in assets under management (AUM). The company recently announced somewhat bold plans […]
March 1, 2021

Central bank digital currency a mixed blessing, says RBI

The Reserve Bank of India offered its assessment of CBDCs as part of its report on currency and finance issued on Sunday. Per the report, the […]
February 24, 2021

Indian banks put crypto traders’ accounts under the microscope

India’s parliament is currently contemplating a nation-wide crypto ban which local industry critics like former Coinbase CTO Balaji Srinivasan have compared to “banning the internet for […]
February 22, 2021

India’s Securities Regulator Wants IPO Promoters to Sell Crypto Holdings: Report

According to a report from the Economic Times on Monday, the Securities and Exchange Board of India (SEBI) has been informally communicating the message with merchant […]
February 16, 2021

India crypto ban is like banning internet, says former Coinbase CTO

 Speaking in an interview with The CapTable, Srinivasan stated that a blanket ban on Bitcoin (BTC) and other cryptocurrencies would simply redirect trade revenue to nearby […]
February 13, 2021

Jack Dorsey, Jay-Z Put 500 Bitcoin into Africa and India Supporting Trust

Jay Z and Twitter CEO Jack Dorsey state the two are setting up a development fund for bitcoin.  On Friday, Dorsey tweeted the news, writing that […]
February 12, 2021

India Grants Crypto Holders Reprieve Ahead of Likely Ban: Report

 According to a Thursday report by Bloomberg, a senior Financial Ministry official – speaking under condition of anonymity – told Bloomberg cryptocurrency holders were likely to […]
January 31, 2021

India Proposes Law To Prohibit All Private Cryptocurrencies

The “Cryptocurrency and Regulation of Official Digital Currency Bill” seeks to ban private cryptocurrencies —possibly any token not issued by the state. Such a path could […]