Tag: Reserve Bank India

Why Would India Ban Crypto

In early 2018, the Indian government announced that it was considering a ban on crypto exchanges and Initial Coin Offerings (ICOs). This development caused a great deal of anxiety in the crypto community, as India is a key market for digital currencies. There are a number of reasons why the Indian government might want to […]

Why Is India Banning Bitcoin

The Indian government has been increasingly wary of Bitcoin and other cryptocurrencies in recent months. In early April, the Reserve Bank of India (RBI) announced that it would no longer allow banks to provide services to cryptocurrency exchanges. This effectively shut down the Indian cryptocurrency market, as most exchanges relied on banking services to operate. […]

Why Did India Ban Bitcoin

In December 2017, the Reserve Bank of India (RBI) announced that it was banning banks from dealing with Bitcoin and other cryptocurrencies. This move caused a great deal of confusion and concern among Bitcoin advocates and investors in India. So, why did the RBI ban Bitcoin? There are a few reasons why the RBI may […]

Which Crypto Amendment Passed

The Senate voted overwhelmingly to pass the CLOUD Act on Wednesday, sending the controversial bill to President Donald Trump’s desk. The CLOUD Act, or Clarifying Lawful Overseas Use of Data Act, is an amendment to the Omnibus Crime Control and Safe Streets Act of 1968. The act was originally proposed to allow tech companies to […]