Kotak Mahindra Bank has recently tied up with ripple. It will be using the ripple net protocol in order to initiate the cross-border payments. With the help of this protocol, it will be able to initiate and conclude the cross-border payments within seconds. Earlier, there was speculation that the central...
In the month of April, RBI (Reserve Bank of India) had sent a circular to banks to ban any firm accounts who caries trades with cryptocurrency. RBI gave a time period of three months until July 6. Zebpay is one of the largest cryptocurrency exchanges in India. According to an...
In a recent report, a builder from Surat, India has been allegedly lured to invest in the crypto scheme and looted money of worth ₹14 crore. The accused involved a cop and his five other accomplices who impersonated as cryptocurrency investing firm. This news came into light when the Senior...
Bitcoin vending machine has been in the rage all over the world. However, India has been slow to adapt to the trend. This might be one of the probable reasons for not seeing much of Bitcoin vending machines in India. However, situations are changing now and eventually Indians will have...
A former MLA by the name of Nalin Kotadiya has been declared as an offender in Bitcoin extortion case. The total amount involved is $ 1.3 million. This news is sending shock waves across the country. Not just the criminals but also former MLA’s as well as other such...
In an interesting turn, crypto traders in India have got an option to continue with cryptocurrency investment even after the ban imposed by the RBI. Recently we heard of Reserve Bank of India(RBI) prohibiting banks from providing any accounts to crypto investors. Furthermore, investors also approached the government for...
