IAMAI dismantles Blockchain and Crypto Assets Council; industry likely to create its own bodyDecision comes after heightened tensions between crypto exchanges and RBI on the legal status of crypto in India
Crypto players plan new industry body as IAMAI dismantles lobby groupThe differences between the two camps (IAMAI and BACC) had been simmering for many months, with crypto players feeling that IAMAI wasn’t do...
IAMAI dissolves BACC; industry says will continue to bat for regulationsIAMAI claimed that the association has limited resources and it would like to utilise them for other emerging digital sectors, which make a...
India loses its only crypto advocacy body; IT biggies to cut hiringThe Internet and Mobile Association of India has decided to shut down the Blockchain and Crypto Assets Council, whose members included top ...
Crypto players cheer Biden's order, say India has scope to improveIndian crypto players have welcomed the move from the West. They believe that a 'positive' approach from the global powers will aid the sec...
India's cryptocurrency sector likely to update code of conductAn industry body made up of crypto selling platforms may appoint tax experts from Big Four audit firms for guidance, add warning labels whi...
RBI wants full ban on crypto, legal experts say it is too lateOn Christmas Eve in 2013, the Reserve Bank of India (RBI) had issued a note cautioning Indians about financial, legal and security risks of...
Banning crypto would encourage non-state players, says industry bodyThe Blockchain and Crypto Assets Council said that a smartly regulated crypto sector would protect investors, help monitor Indian buyers an...
Parliamentary panel to meet crypto stakeholdersThe committee, which is led by Lok Sabha member and former junior minister for finance Jayant Sinha, has invited India's top crypto exchang...
CoinSwitch Kuber, CoinDCX founders join IAMAI’s Crypto Council as cochairsCoinSwitch Kuber’s cofounder Ashish Singhal and Sumit Gupta of CoinDCX will be primarily responsible for the growth of the crypto industry ...
Self-regulation at work: Crypto group to issue advertising guidelinesThe proposal is still in the works, but it will include a standardised disclaimer for OTT and television advertisements and directives on t...
India’s cryptocurrency industry draws up 'legitimacy plan'India’s leading cryptocurrency exchanges, including WazirX, CoinDCX and CoinSwitch Kuber, have partnered with IAMAI to set up an advisory b...
IAMAI board to oversee self-regulation by crypto exchangesThe self-regulatory code, which is already in place, includes voluntary compliance with anti-money laundering, combating of financing of te...
Follow Singapore model to regulate cryptocurrency in India: ExpertsSingapore had proactively taken measures to prevent nefarious activity without impending technology innovation, which India could learn fro...
Bitcoin exchanges plan to maintain user databaseThe purchase data of buyers and sellers of the virtual currency can then be traced through either the Aadhaar ID or the PAN of the user.
Fifteen stocks in focus on Friday, 18 November 2016SGX Nifty was trading 24 points down at 8,070, indicating a weak start for NSE Nifty.
China's first lunar probe 'Chang'e-3' enters Moon's orbitChang'e-3 probe entered the lunar orbit after about 112 hours on a Earth-Moon transfer orbit, the BACC said.