After SC order, India's cryptocurrency space is whirring back into action
Even as Coronavirus spread, with sectors such as retail, travel, aviation, realty and others hunkering down to face prolonged economic pain, the small club of cryptocurrency players stood out. They are hiring and are witnessing customers, particularly millennials, flocking in to buy virtual money.
Direct banks to allow cryptocurrency trade: Firms to RBI
The request comes in the wake of the recent Supreme Court order that struck down the...
Cryptocurrency exchange Binance sets up $50 million Indian blockchain fund
The fund, which plans to invest upwards of $100,000 per startup, p...
Bain Fund, BitMEX owner among funders of India crypto bourse
The funding signals hope for an industry that floundered in the last two years amid the ban, during which time several exchanges had to shut up shop. Liquidity fell drastically and it became challenging to operate the business.
View: India needs legal framework for cryptocurrencies
Greater transparency in law-making allows businesses to plan and be future-ready.
Wait for new cryptocurrency offerings as SC lifts ban
A number of startups are working on various innovative products for consumers.
View: Why it's better for RBI to just wait and watch on cryptocurrency
As with the coronavirus, if you don’t know what you don’t know, and you are still likely to be held liable for an outbreak, enforcing a quarantine may be the best way to wait and watch developments.
RBI to seek review of Supreme Court order on cryptocurrency
RBI is worried that the order could pave way for trade in virtual currencies, putting the banking system at risk.
Banking ban on cryptocurrencies considered disproportionate by SC
IAMAI had argued in the SC that the RBI circular was disproportionate. “They (Three-judge bench) have cited the ground of proportionality which is the doctrine that the fundamental right cannot be infringed upon in a disproportionate manner - in other words a measure has to be rationally connected to the ends,” said Jaideep Reddy, lawyer at Nishith Desai Associates.
SC lifts curb on cryptocurrencies: What it means for crypto companies and investors
The Supreme Court on Wednesday struck down RBI’s curbs on cryptocurrency trade in India, calling them ‘illegal’. The order in effect lifted ...
SC allows trade in cryptocurrency, quashes RBI curb
The Supreme court ruled that the curbs on cryptocurrency trading was illegal.
What does the SC verdict mean for cryptocurrency, fintech innovations?
SC verdict gives a thumbs-up to the crypto exchanges and crypto as an asset class.
Winklevoss twins launch a marketplace for blockchain digital art
Nifty Gateway is debuting a website Tuesday where consumers will be able to buy and sell digital collectibles from artists including Michael Kagan and Lyle Owerko.
SC lifts curbs on use of cryptocurrency, RBI circular declared unreasonable
The Supreme Court on Wednesday allowed a batch of pleas challenging the 2018 circular of the Reserve Bank of India which had prohibited bank...
View: India can use YES Bank debacle to chase China in crypto
It will be difficult and costly to revive the public’s dwindling faith in the banking system.
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