India | ForkLog

ForkLog 10 01.03.2021

RBI weighs the pros and cons of a CBDC

The launch of a national digital currency (CBDC) could broaden access to financial services, but may undermine the role of lending institutions. This is according to a new RBI study.

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ForkLog 9 28.02.2021

Islamists demand Monero ransom from India’s wealthiest man

Mumbai police found near the home of billionaire Mukesh Ambani an SUV loaded with explosives. Jaish-ul-Hind claimed responsibility and demanded a ransom in Monero from the businessman, according to Times Now.

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ForkLog 8 24.02.2021

Indian Warren Buffett warns of a heavy hangover after Bitcoin rally

The Indian billionaire and adherent of Warren Buffett’s approach, Rakesh Jhunjhunwala, is convinced that the 'bitcoin party' will end badly for its participants. He said this on CNBC.

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ForkLog 6 16.02.2021

Opinion: A ban on cryptocurrencies in India would be a $1 trillion mistake

Balaji Srinivasan, the former Coinbase CTO, said that banning cryptocurrencies in India would entail high alternative costs for the country.

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ForkLog 7 14.02.2021

UAE money-transfer provider to integrate RippleNet

The Abu Dhabi-based LuLu Exchange's international money-transfer service announced a partnership with India's Federal Bank. The collaboration will enable the UAE firm to integrate RippleNet Cloud for transactions to that country.

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ForkLog 19 12.02.2021

Bloomberg: India to allow cryptocurrency holders to close positions ahead of ban

Indian authorities will ensure a smooth transition to the ban on cryptocurrencies. Crypto-asset holders will have three to six months to close their positions, Bloomberg reports, citing an anonymous senior Finance Ministry official.

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ForkLog 13 30.01.2021

Indian Parliament to consider bill banning cryptocurrencies

During the upcoming budget session, the Indian Parliament will consider the government-proposed bill to ban cryptocurrencies. CoinDesk reports.

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ForkLog 13 26.01.2021

India weighs launch of its own digital currency

The Reserve Bank of India (RBI) has begun studying the potential of the digital rupee, according to a report on the country's payment systems.

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ForkLog 6 19.01.2021

Indian cryptocurrency exchange CoinDCX launches Bitcoin-trading app

The largest cryptocurrency exchange in India, CoinDCX, has launched an app for buying and selling digital currencies aimed at new market entrants. It offers trading of assets with lower nominal values.

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ForkLog 11 13.01.2021

CoinSwitch Kuber raises $15 million in Series A led by Ribbit Capital and Paradigm

The Indian cryptocurrency exchange CoinSwitch Kuber raised $15 million in a Series A funding round led by venture capital firms Ribbit Capital and Paradigm.

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ForkLog 9 30.12.2020

Cashaa opens crypto-friendly bank in India

Unicas, a joint venture of Cashaa and United Multistate Credit, opened a crypto-friendly bank branch in Jaipur, India.

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ForkLog 13 29.12.2020

Indian regulator proposes 18% tax on Bitcoin trading

The Central Bureau of Economic Intelligence of India (CEIB) proposes to tax cryptocurrency trading at 18%. The agency classifies Bitcoin as "intangible asset", reports The Times of India.

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