The Supreme Court may have adjourned discussions around cryptocurrency regulations to January 2020, but it heard the arguments on the other part of the crypto matter – the constitutional validity
Supreme Court Adjourns Cryptocurrency Case as Government Seeks to Introduce Banning of Cryptocurrency Bill in Parliament
The cryptocurrency case finally got a hearing in the Supreme Court of India. According to blockchain regulatory analysis platform Crypto Kanoon, the first part of the hearing was focused on
Lobbying for Libra: Facebook Hires Former Aide to US Senator
Facebook has hired the former assistant to US Senator Mike Crapo, Susan Zook, to lobby for its Libra project. Zook’s focus will be on lobbying Senate republicans. Interestingly, the development
Minister Anurag Thakur Says No Data to Confirm Use of Cryptocurrencies for Illegal Purposes
The Minister of State for Ministry in Finance Anurag Thakur once again provided some insights on the government view regarding cryptocurrencies in the Rajya Sabha, the upper house of the
Indian Income Tax Department Sends Notices to Cryptocurrency Traders
According to information shared by IndiaBits – a group of Bitcoin enthusiasts – the Income Tax Department has started sending notices to Indian cryptocurrency traders and investors. IndiaBits shared a
NASSCOM Calls for Cryptocurrency Regulations in India
The National Association of Software and Services Companies (NASSCOM), the leading information technology trade association, has published a statement opposing the Inter-Ministerial Committee’s recommendation of a blanket cryptocurrency ban. NASSCOM
FM Nirmala Sitharaman says that the official cryptocurrency committee has done a good job
Indian Finance Minister Nirmala Sitharaman may have just dashed the hopes of the Indian crypto community. In an interview with Economic Times, she stated that the Inter-Ministerial Committee led by
It’s Official: Inter-Ministerial Committee (IMC) Recommends Cryptocurrency Ban in India
After months of speculation around the recommendations of the cryptocurrency committee, the government publicly released the report submitted by the Inter-Ministerial Committee (IMC). In addition, the government also published a
CFTC Investigating Derivatives Platform BitMEX
The US Commodities and Futures Trading Commission (CFTC) has launched an investigation into derivatives giant BitMEX. According to CoinTelegraph, the US regulator suspects that BitMEX is allowing US investors to
Government Has Not Prohibited Cryptocurrency in India: Ministry of Finance
There is a lot of misconception inside and outside the cryptocurrency community that cryptocurrency trading is illegal in India. However, the Minster of State in Ministry of Finance Anurag Singh
