Will Indian users be next on Binance’s ban list?

Changpeng Zhao aka CZ, CEO of Binance, organized an AMA and addressed rumors regarding the recent shutdown of Binance for U.S.-based users, while also talking about the announcement of Binance U.S. Binance recently updated its internal policy which made U.S. users and any other users violating these terms unable to […]

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Indian Government Set to Ban Cryptocurrencies With New Bill

The Indian government has recently started an inter-ministerial consultation as regards a draft bill designed to legalise the banning of cryptocurrencies in the country. New Bill Will Ban Cryptocurrencies For Good The draft bill titled “Banning of Cryptocurrencies and Regulation of Official Digital Currencies Bill 2019″ has been sent to […]

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India Progressing on Crypto Regulation Amid Ban Rumor

The Indian government has been progressing on cryptocurrency regulation. A recent report from the Ministry of Finance confirms some recommendations. Meanwhile, local media reported Friday that a draft bill on the regulatory framework for cryptocurrencies is being circulated among relevant government departments. Ministry of Finance’s Confirmation The Ministry of Finance […]

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Indian Companies Testing Crypto For B2B Payments

Top corporates and banks in India are reportedly testing out the use of cryptocurrency to pay vendors and move money between subsidiaries, said the The Economic Times. Unnamed sources told the publication that Hindustan Unilever, Reliance Industries, HDFC Bank and ABG Shipyard are among the conglomerates experimenting with cryptocurrency for intra-company transactions with subsidiaries, as well as […]

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