IndianWeb2

Cryptocurrency

India--Replicate-Regulate-Bitcoins

Post RBI's virtual ban on cryptocurrencies wherein it gave banks a time-frame of three months to implement the decision by cracking down on trade of virtual currencies in India, the cryptocurrency exchanges are now looking to challenge the central bank’s decision in India’s supreme court.“We are...

Cryptocurrency is an exciting topic, mainly because of the belief that it is the future of currency. At first, it did not look that promising. Investors would avoid it because they thought that it was just another scam. When Bitcoin began to shine, not only did it shine but...

In what could be seen as big blow to cryptocurrency enthusiasts in India, RBI, on Thursday, announced its monetary policy wherein it said that it will not deal with or provide services to any individual or business entities dealing with or settling virtual currencies, which means that the central...

Bitcoin mining is a process whereby different and numerous transactions that involve exchange and settlements globally are verified and included onto the open source ledger of the blockchain.The mining process also serves as a way through which new bitcoins will be released. Bitcoin mining is open to anyone who...

Despite regulatory uncertainty and government's warning over cryptocurrencies, the number of job postings related to cryptocurrency and blockchain has increased by 290%, along with its job searches containing crypto related keywords which have risen by 52%, reported Times of India.The trend was reported by the Indian branch of...

Last month, a nationwide survey in India has revealed that in last 17 months of period, people in the country have invested in Bitcoin and other cryptocurrencies worth whopping US$3.5 billion. Seeing this, income tax department had sent notices to tens of thousands of such people who have...
India--Replicate-Regulate-Bitcoins

A nationwide survey has revealed that, in last 17 months of period, people in India have invested in Bitcoin and other cryptocurrencies worth whopping US $3.5 billion. Seeing this, income tax (I-T) department has sent notices to tens of thousands of such people who have done trading in any...

Indian government including the finance minister himself recently refused to recognise cryptocurrencies as legal tender and even warned against investing in them and called it a Ponzi Scheme.Despite of all this a blockchain startup of Indonesian-origin called Pundi X, is preparing to launch point-of-sale network in India so...

Investing in cryptocurrency is all the rage these days. Instead of investing in stocks or bonds, people are gravitating towards investing in digital currency as it is considered to be the fastest growing way to get a good return on your investment. This article will highlight some important things...

The new-age virtual currenices aka cryptocurrencies like bitcoin could help improve Facebook in the future, Mark Zuckerberg has said in his traditional Facebook post.In his public post, the founder of Facebook said that technology, instead of decentralising the power, is centralised to few big companies including Facebook itself.Zuckerberg...