#India

Zebpay Announced Closure of Its Bitcoin Exchange Business Following India’s Ban on Crypto Related Services

Leading Indian Bitcoin and cryptocurrency exchange app Zebpay has announced that it will be stopping its exchange business effective from today, September 28. The move follows the ban imposed by the Reserve Bank of India (RBI) for all regulated financial institutions – including banks – from providing any service in relation to cryptocurrencies.

India’s Central Bank to Research Cryptocurrencies Despite Banning Banks from Bitcoin Transactions

The Reserve Bank of India (RBI) has formed a new unit within the central bank to beef up its own intellectual capital in the face of emerging technologies like cryptocurrency, blockchain and artificial intelligence.

The Reserve Bank of India Bans Regulated Entities From Dealing In Virtual Currencies

India virtually banned cryptocurrencies like bitcoin with the Reserve Bank of India barring regulated entities from providing services to any individual or business dealing in digital currencies.

Confirmed: One More Exchange To Launch Ethereum Trading

Good news for Ethereum community and especially Indian traders: the bitcoin exchange BTCXIndia confirmed its plans to offer ETH/INR trading pair starting March 9. The official press release to be issued on March 5.