The Reserve Bank of India (RBI) has published its official document on a draft framework for fintech regulatory sandbox entitled “Draft Enabling Framework for Regulatory Sandbox.” The document explicitly excluded crypto assets like bitcoin, demonstrating a lack of intent to regulate the local crypto market. Continue reading India Shuns Bitcoin Legalization Again, Excludes Crypto Startups from Fintech Sandbox
Tag Archives: India
Cardano to Establish a Blockchain Academy in India
In the past several years India has emerged as a technological powerhouse. India has some of the greatest professionals in various fields including Engineering and Finance. Moreover, the IT market in the country has a net value of almost one hundred and sixty billion dollars ($160 b), which is expected to double up in the next 5 years. Continue reading Cardano to Establish a Blockchain Academy in India
Crypto Exchange CEO on Bringing Bitcoin Adoption to India
CCN had a conversation with Prashanth Swaminathan, the founding CEO of XDAT, a new Malta-based crypto exchange with eyes toward India and other markets. A native of India, he is an adviser to the Eleven01 project, which is an attempt at developing a regulated native blockchain in the country. Eleven01 enjoys support from several local government entities, as CCN has previously reported. Continue reading Crypto Exchange CEO on Bringing Bitcoin Adoption to India
India Could Legalize Cryptocurrency as Government Panel Mulls Strict Regulations
HODLers in India have a reason to smile in the New Year as holding cryptocurrencies in the country could soon be legalized. Continue reading India Could Legalize Cryptocurrency as Government Panel Mulls Strict Regulations
SWIFT India Partners With MonetaGo for Blockchain Banking Pilot
SWIFT India has announced a collaboration with financial technology provider MonetaGo to launch a distributed ledger pilot program that will aid the operation of Indian banks. Continue reading SWIFT India Partners With MonetaGo for Blockchain Banking Pilot