Crypto trading in India

Indian Crypto Exchange Shuts Down

Indian Crypto Exchange Shuts Down Following Stringent Regulatory Policies

Cryptocurrencies are having a bad time in India. The proposal for outright bans, criminal charges are leading the local crypto exchanges to cease their operations overnight. Recently, the firm Koinex has decided to call it quits in the crypto domain. The announcement regarding the closure of Koinex comes from the official blog post of the founder…

Reserve Bank of India is Receiving Appeal

Reserve Bank of India is Receiving Appeal to Re-think Crypto Ban

The concept of crypto is seeing numerous experiments and success in various parts of the world. However, its scenario is quite bleak in India. The governing body of banks, RBI has long issued the ban against any kind of dealing with digital money. However, the Reserve bank of India is receiving appeal to consider undoing […]

HDFC Bank Warns Crypto Users

HDFC Bank Warns Crypto Users in India: May Freeze Accounts Soon

Indian bank HDFC is rolling out warning e-mails for its customers who are dealing with cryptocurrency. According to a Twitterati, a number of bank customers have been getting mail regarding suspicious transactions of cryptocurrencies. The mail directs the user has to visit the nearest HDFC branch and clarify the particular transaction(s). HDFC Bank warns crypto […]

Indian Will Ban Cryptocurrencies

Soon India Will Ban Cryptocurrencies to Overcome Money Laundering Incidents

Very soon India will ban cryptocurrencies to put an end to incidents of money laundering and illegal fundings. The draft of a bill “Banning of Cryptocurrencies and Regulation of Official Digital Currencies Bill 2019” has been put forward to various departments of the Indian government. Apparently, the new government post mid-2019 elections will receive the […]