Watch Adv. P. M. Mishra discusses the Cryptocurrency ban and Implementing new regulations in India live on CNBC Awaaz. Why Indian Govt Decision To Ban Cryptocurrencies Will “Block Innovation” and Regulating it is the Better Approach. – Adv. P. M. Mishra Contact us for any queries – Finlaw Get all the answers from our … Read More →
Watch Adv. P. M. Mishra speaks about the Cryptocurrency ban and Implementing new regulations in India on Aajtak News. Why Indian Govt Decision To Ban Cryptocurrencies Will “Block Innovation” and Regulating it is the Better Approach. – Adv. P. M. Mishra Contact us for any queries – Finlaw Get all the answers from … Read More →
India’s cryptocurrency sector is booming during the extended nationwide lockdown. Several Indian cryptocurrency exchange executives have shared with news.Bitcoin.com their record-breaking stats, bullish trends, and positive sentiment despite the coronavirus-driven lockdown. Growing Interest in Cryptocurrency in India as Lockdown Extends India recently extended its nationwide lockdown by another fortnight due to the coronavirus outbreak. While lockdowns … Read More →
A recent funding round has just added quite a bit to an Indian crypto exchange’s coffers. Mumbai-based exchange CoinCDX announced on March 24 it had received $3 million in new funding. The Series A round was led by Bain Capital Ventures, Polychain, and HDR Group. CEO and Co-founder of CoinDCX, Sumit Gupta, said that the … Read More →
The Supreme Court today struck down a circular issued by the Reserve Bank of India (RBI) which directed banks not to deal in transactions involving cryptocurrency (Internet Mobile Association of India v. Reserve Bank of India). In April 2018, the Reserve Bank of India had issued a circular barring banking and financial services from dealing in … Read More →
As the blockchain and cryptocurrency industry continues its rapid growth and widespread adoption, companies are offering experienced workers significantly higher-than-average salaries, signaling that the industry is maturing despite the current bear market and low market sentiment. A recent report from Glassdoor found that new job positions within the blockchain industry are up 300% over a … Read More →
Indian government is “evaluating” the possibility of issuing a state-backed cryptocurrency, sources have told local news outlet Quartz India on Wednesday, Oct. 10. An unnamed “senior official” has told Quartz that the government has set up a panel that will discuss questions regarding cryptocurrencies and blockchain. While, according to Quartz’s source, the government is looking … Read More →
After years of infighting over how Bitcoin’s software ought to change in response to the digital currency’s growing popularity, As such the technology of digital currency has split in two: (1) Bitcoin and (2) Bitcoin Cash The creation of Bitcoin Cash is the most striking result yet of a 2-year-old feud over bitcoin’s future. Bitcoin … Read More →
The government is considering the introduction of a regulatory regime for virtual or crypto currencies, such as Bitcoin, that would enable the levy of the Goods and Services Tax on their sale. The new regime may possibly bring their trading under the oversight of the stock market regulator, Securities and Exchange Board of India (SEBI). … Read More →
India has one of the largest remittance markets in the world with a total value of close to $70 billion. On every transaction, an average user pays up to 15% in bank charges and conversion fees. Bitcoin provides a solution to India’s underlying problems. The digital currency can be used to move money inexpensively across … Read More →