The Currency Analytics
By David Drake
Despite the many ups and downs, the cryptocurrency industry continues to grow. In some countries, the regulatory environment supports the growth of these digital assets but in…
The National Association of Software and Services Companies (NASSCOM) added its voice to these restrictions after its president stated that cryptocurrencies are illegal in India.
The stand on cryptocurrency legality and the ban by India’s Supreme court is yet to change. The RBI has emphasized to legislators the disadvantages of cryptocurrencies claiming…
Qupon CEO, Joseph Oreste says, "I think it is unfortunate for the technology sector in India.
Traders and stakeholders are seeking to clarity from the Indian government on what aspects of cryptocurrencies are illegal and the actions that would be taken on offenders.
The cryptocurrency ban has affected the Indian industry in various ways. It has led to the arrest of Unocoin founders for launching a new bitcoin ATM, an act that was considered…
RBI’s instruction restricting banks from conducting business with crypto companies that has been in force since July this year has caused a drop in trading volumes, further…
Innovations based on blockchain technology will most likely move to other countries. With the adoption of blockchain development in areas such as banking, health, education,…
Blockchain is the future of technology and its application in businesses is endless. Nonetheless, it may take time before a complete elimination of cryptocurrencies happens in…