india

Bitcoin & co: India’s crypto-currency debate heads to the courts, again — Quartz

When governments fail to come up with solutions, courts often have to step in to provide guidance. A petition seeking the government to act on Bitcoin has landed in India’s Supreme Court. The case is likely to come up for hearing in January 2018. Source: Bitcoin & co: India’s crypto-currency debate heads to the courts, …

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No bitcoins for payments and settlements, says the Reserve Bank of India — Quartz

After Pakistan and some other countries, India decides it doesn’t like Bitcoin. …director of the Reserve Bank of India (RBI) has signalled that virtual currencies like bitcoin won’t be allowed in the country. “Our current position on bitcoins is that we will not be using it for any payments and settlements…though the technology underlying crypto-currencies …

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RBI’s Circular on Bitcoin causes Exchanges to suspend operations.

India was promised to be the next giant in Bitcoins (after China). Sadly, that is not the case. A Christmas Eve present (read: circular) from the financial regulator (Reserve Bank of India) is creating confusion amongst the existing players and has resulted that Bitcoin buying/selling from these exchanges has been suspended. The circular in its …

RBI’s Circular on Bitcoin causes Exchanges to suspend operations. Read More »

Home Remittances

Here is an infographic of Home Remittances as measured over the past five years by: India Pakistan Vietnam Bangladesh, and Philippines   Home Remittances | Infographics

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