CoinDCX — the new Indian cryptocurrency exchange, which allows legal operations with more than 30 currency pairs in the markets of BTC/ETH. However the platform does not violate the rules of the regulators and consistent with current legislation. The founders CoinDCX by Sumit Gupta and Neeraj Khandelwal say that being an exchange, where you are… More
Investigative Department (CID) of the Indian state Gujarat has indicted 10 police officers in kidnapping, attempted extortion and corrupt practices. According to the investigation, the suspects kidnapped a local businessman and extorted more than 200 bitcoins. According to the report of the CID, among the suspects — ten police officers, including local police inspector and… More
Amit Bharadwaja and his brother Wijekumar, the founders and leaders of GainBitcoin, established in 2013, cloud-based platform for mining and trading bitcoins, appeared before the court. They are accused of large scale fraud. The organizers assured users that GainBitcoin provides reliable trading environment for the more than one million of its customers. However, according to… More
India is known worldwide for one of the wonders of the world – Taj Mahal and the Golden Temple. Today, the country is gaining a reputation in the cryptocurrency community as a place where you can find extremely affordable provider of marketing services. Marketing can be quite expensive, whether domestic services or outsourcing. In the… More
Mining Bitcoin can radically change the lives of some of the poorest people in the world and in India. One of the “untouchable” castes, Dalits, joining forces with technical experts in order to “empower rural youth”. The community of Dalits in India consists of more than 200 million people (!!!) of different castes, were once… More
Of shaktikanta Das, a key figure of the Ministry of Finance of India, spoke out against the cryptocurrency, saying that it would be extremely difficult to regulate them. Of Shaktikanta Das Instead look for ways of their regulation, it proposes to ban cryptocurrencies: “You can’t enter into every house to check out all committed transactions…. More
The ranks of the world’s largest banks, ban their customers to use credit cards for buying cryptocurrencies, joined Citibank India. However, the management of the Bank has gone even further and banned the use of debit cards. Quartz edition in India published 14 Feb the material, assured that he personally saw and checked the email… More
This week, India “really pushing hard” for holders of the cryptocurrency and made them harsh tax requirements. So said today the major media such as the Financial Times and Quartz, despite the fact that this position of power held in December 2017. In the repeated round to create buzz around cryptocurrencies by misinterpretation of facts,… More
The largest cryptocurrency exchange in India has announced the addition of Litecoin. Zebpay is the largest cryptocurrency exchange in India has announced the addition of Litecoin: Introducing Litecoin on Zebpay https://t.co/gsEVIFL2nb— zebpay (@zebpay) January 25, 2018 This Indian exchange has been operating for several years and currently has more than 3 million users. Until recently,… More
After conducting a national survey of cryptocurrency exchanges Department of income tax of India has sent tax notices to a number of cryptocurrency traders. According to Reuters, the tax inspectors of India found that citizens invested and entered into transactions in cryptocurrency, such as bitcoin, Ethereum and Ripple, valued at over 3.5 billion USD over… More