Bitcoin in India

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 →

cryptocurrency

India’s government is reportedly moving closer to developing regulations around cryptocurrencies. Local news outlet MoneyControl reports that officials with the country’s central bank, as well as its top finance regulators, are finalizing a report which lays out possible approaches for overseeing the tech. Agencies involved in the development reportedly include the Reserve Bank of India Read More →

Bitcoin & Cryptocurrency

The Indian cryptocurrency community is eagerly awaiting for a response from the government’s inter-ministerial committee regarding the legality of Bitcoin and other virtual currencies in the country. The government, press and legal experts have been discussing the possible outcomes and what it could mean to the country’s cryptocurrency ecosystem. Some have mentioned that the committee Read More →