India


Markets

Firm Owned by India's Richest Man Turns to Blockchain for Trade Finance

Reliance Industries – owned by India's richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction.

Mukesh Ambani

Markets

Indian Officials Met to Discuss Possible Ban on 'Private Cryptocurrencies'

The Indian government is considering imposing a ban on what it calls "private cryptocurrencies," according to an official release.

Indian flag

Markets

India Supreme Court Seeks Government Opinion on Crypto Within 2 Weeks

The Supreme Court of India has asked the government to give its view on cryptocurrencies, amid fallout from a ruling by the central bank in April.

Indian flag

Markets

Indian Police Seize ATM Run By Crypto Exchange Unocoin

Police in the Indian city of Bangalore have seized an ATM just weeks after it was set up by crypto exchange Unocoin.

police car

Markets

How a Bitcoin Exchange Is Surviving the Central Bank Crackdown in India

Indian regulators' clampdown on crypto firms is forcing exchange Unocoin to experiment with ATMs and stablecoins to continue receiving fiat deposits.

Unocoin_ATM_Bangalore

Markets

India's Central Bank Denies 'Formal Creation' of Blockchain Unit

The Reserve Bank of India has denied officially forming a new unit to research AI and blockchain technology, despite reports to the contrary.

shutterstock_1038208165

Markets

Dell Eyes Blockchain Investment to Boost Business Growth

Dell subsidiary Dell EMC is looking into blockchain technology as a way to draw more customers to its server business.

dellemc

Markets

Cryptojacking Scripts Found on Local Indian Government Sites

Municipal government websites in Andhra Pradesh are running cryptojacking scripts, a group of security researchers found earlier this month.

stone buddha

Markets

Indian Central Bank Argues Cryptos 'Not Valid' as Currency in Court Battle

The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency.

Court

Markets

Indian Government Approves Bank's Blockchain Research

India's top executive body has granted approval for the Exim Bank to conduct research into how blockchain technology may benefit the financial sector.

India's flag.