Tag Archives: India

India Shuns Bitcoin Legalization Again, Excludes Crypto Startups from Fintech Sandbox

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

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