The Reserve Bank of India (RBI) has known to ban Cryptocurrency trading accounts in India. But Recently it has formed a Research team to study technologies like Blockchain, Cryptocurrency, and AI. According to EconomicTimes, this behavior is due to the emerging market in cryptocurrency and blockchain technology. The research team...
BitConnect is a company which has scammed thousands of Indians of billions of dollars. That is why the police were on the lookout for the BitConnect India head. Recently, they arrested him when he landed at Delhi airport. The main reason why BitConnect was able to scam thousands of Indians...
There is already speculation that the Indian government will ban cryptocurrencies. This after the government informally asked the banking regulator to withdraw the banking facilities of the cryptocurrency exchanges. However, it seems like the Indian government is finally realizing the potential of Cryptocurrency tokens. Cryptocurrency tokens and cryptocurrency coins are...
The number of cryptocurrency investors is consistently growing. Most of the governments are actually not able to track the investments in cryptocurrency. This is the reason why there is no monitoring of the new accounts being opened. Cryptocurrencies can be used for illegal activities. Especially, when the investors are not...
In the light of recent developments in the Indian crypto space, the government is planning to roll out cryptocurrency for the nation. Very obviously this would help government bodies to regulate the virtual currency in a more better manner and with reduced transaction time for processing. As per sources available...
In a recent news, Indian police arrested two people who were running fake cryptocurrency company named ‘Ripple-Future’. As per police reports, around 300 million rupees($4 Million USD) were allegedly duped by felons from 1800 people. The accused running fake company claimed that they will triple the invested money in...
