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
Alleged Draft Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019 Revealed, Confirms Worst Fears
Blockchain Lawyer Varun Sethi has released an unverified draft copy of the Alleged Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019 today. While the source of the
Subhash Chandra Garg Says No to Facebook Libra
Facebook’s new cryptocurrency project Libra is facing regulatory roadblocks across the globe, including its biggest market India. In an interview with Bloomberg, Economic Affairs Secretary Subhash Chandra Garg stated that
Union Budget 2019 India: Cryptocurrencies and Blockchain Don’t Even Get a Mention
Finance Minister Nirmala Sitharaman presented her maiden budget speech in the Parliament today. Despite huge expectations from the Indian cryptocurrency community, the 130-minute speech did not mention blockchain or cryptocurrencies
UK’s Financial Regulator Considering Complete Ban Cryptocurrency Derivatives
The UK’s financial markets regulator, the Financial Conduct Authority (FCA), is exploring steps to completely ban cryptocurrency derivatives products. According to FCA, derivatives products such as CFDs, Futures and Options
Facebook Seeks BitLicense from New York Regulator
Social media giant Facebook has reportedly applied for BitLicense, a New York state-specific cryptocurrency license, for its Libra project. In addition, Facebook is also in talks with the UK’s Financial
FATF Says all Cryptocurrency Exchanges Must Share Data
The Financial Action Task Force (FATF) has released new standards that require all cryptocurrency exchanges to share customer data with each other when transferring funds between them. The intergovernmental organisation
Will Facebook Libra be Launched in India?
The launch of Facebook Libra has been a hot talking point among the tech and crypto media circles. For the Indian cryptocurrency community, one of the main questions has been
