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Tag Archives: India

Lynked.World Announces Strategic Partnerships With Four Major Organizations in India

Lynked.World, the blockchain-based technology that allows users to irrefutably verify their personal, educational, and professional backgrounds, has just announced that four elite organizations in India will join dozens of other government and educational intuitions in that country who have adopted the platform. Metal Scrap Trade Corporation Limited (MTSC) and its e-RAKAM portal, along with Coal India Limited (CIL), and The ...

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Government Sites in India Among Prime Targets for Cryptojacking, Research Shows

Official government websites have become a prime target for cryptojacking in India, The Economic Times (ET) reports today, September 17. Cryptojacking is the practice of infecting a target with malware that uses a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. New research from cybersecurity analysts reportedly reveals that widely trusted government websites – including ...

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India Update: RBI Claims Court Can’t Recognize Crypto as Currency Due to Existing Laws

The Reserve Bank of India has continued is tirade against the legalization of cryptocurrencies by filing an affidavit to the country’s supreme court. The Supreme Court will be holding a hearing on the case of legalizing cryptocurrency on September 17th, at which time the affidavit will be reviewed. According to a recent report, the RBI claims that cryptocurrencies cannot be ...

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India Approves MOU on Joint Blockchain Research with BRICS Members

The Union Cabinet of India has approved a Memorandum of Understanding (MoU) on the collaborative research of distributed ledger technology (DLT), local news outlet ANI reported September 12. The Union Cabinet is the supreme decision-making body in India consisting of cabinet ministers and led by the prime minister, Narendra Modi. The MOU, which is a cooperative initiative under the BRICS ...

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Is India Ready to Legalize Crypto? Officials Visit Japan & to Study Policies

While the Supreme Court of India hears the crypto exchange industry’s case against the central bank following the latter’s banking ban, regulators are exploring regulatory policies for the nascent sector. Businesses and associations in the cryptocurrency and blockchain sector are expected to participate in the hearing alongside the Securities and Exchange Board of India (SEBI), to discuss the future of ...

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Goldman Sachs Says ‘No Thanks’ to Crypto Trading Desk, While India Sends Officials to ‘Crypto College’

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Business Insider: Goldman Sachs Scraps Crypto Trading Desk Plans Goldman Sachs Group Inc. ...

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 TransferGo Launches Instant Payments to India with Ripple Blockchain Tech

Payments platform TransferGo has launched a real-time payments corridor to India, the world’s biggest remittance receiver, using Ripple’s blockchain technology. In a press release, the payments provider announced the launch of ‘TransferGo NOW’, a service which it says is available for customers “from anywhere in Europe” to “make instant money transfers to India” using San Francisco-based fintech giant Ripple’s blockchain ...

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India Sends Officials to US, Japan and Switzerland to Study Cryptocurrency and ICOs

The Securities and Exchange Board of India (SEBI) organized tours to other countries for its officials to study cryptocurrencies and initial coin offerings (ICO), according to its 2017-18 annual report. The Indian regulator reports that authorities have already undertaken “study tours” in particular to study cryptocurrency and ICOs at Japan’s Financial Services Agency (FSA), the U.K. Financial Conduct Authority (FCA) ...

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Dash India Strives to Improve Remittances

Dash India is leveraging the advantages of Dash to improve the remittance process for individuals sending money to and from India. Check out our quick intro to using #Dash for #remittances in #India :https://t.co/8eaeiUmLND — Dash India (@DashIndia1) August 29, 2018 Dash Force News caught up with Supreet Raju, Project Coordinator of Dash India, about their initiative to save individuals ...

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Reserve Bank of India Confirms It Is Looking Into Making a Central Bank Digital Currency

India’s central bank, the Reserve Bank of India’s (RBI), has confirmed the creation of an inter-departmental group tasked with analyzing the feasibility of issuing a rupee-backed central bank digital currency (CBDC), the Economics Times reports August 30. The group’s establishment and focus was detailed in the bank’s Annual Report 2017-18, confirming earlier details that followed a meeting of India’s Monetary ...

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