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#Bitcoin Halving 2020 will Possibly be the best one so far, for the following reasons: 1) India Lifts #Crypto Ban 2) #Cryptocurrency Trading Becomes Legal in South Korea 3) Stock Markets Are Plummeting, Investors Focus on #Btc
03-06 15:14 - '#Bitcoin Halving 2020 will Possibly be the best one so far, for the following reasons: 1) India Lifts #Crypto Ban 2) #Cryptocurrency Trading Becomes Legal in South Korea 3) Stock Markets Are Plummeting, Inv...' (i.redd.it) by /u/JennieJohnston removed from /r/Bitcoin within 217-227min
India Continues to Ponder Bitcoin Regulations as Cybercrime Soars
This is the best tl;dr I could make, original reduced by 79%. (I'm a bot)
As Indian authorities consider a framework for digital currency regulations, the nation is witnessing a rise in the number of cyberattacks with extortionists demanding ransoms in bitcoin. "Discussions till now suggest that bitcoin will most likely fall under the ambit of the RBI. But some are of the opinion that bitcoin is a security rather than a currency and should be regulated by SEBI.". Unlike Japan, which officially deemed bitcoin as a currency in April, India doesn't appear to be as keen to follow suit. ' in the bitcoin market in India in recent years. While countries such as Russia, the U.S. and Japan have classified digital currencies as either payment methods or property, India is still sitting on the fence. With a rising threat in ransomware and a demand for ransoms in bitcoin, India needs to firmly establish where the currency sits to give greater protection to its people.
Bitcoin industry in India is still at a nascent stage, there are a lot of startups that entered the space but could not survive. Flybit was one such company that provided airline tickets via bitcoin. Unfortunately it too could survive the tough bitcoin market. It's CEO shares his story. Must read!
Cryptocurrency trades in India show no sign of slowing despite clampdown: Far from dumping their investments in bitcoins and altcoins, Indian virtual currency investors double down on the market, driving local prices higher than global trends
Today's Markets In Asia, Japan flat. Hong Kong -0.3%. China -0.5%. India +0.1%. In Europe, at midday, London +0.4%. Paris +0.3%. Frankfurt flat. Futures at 6:20, Dow -0.2%. S&P -0.2%. Nasdaq -0.1%. Crude -0.2% to $67.93. Gold -0.8% to $1259.20. Bitcoin -0.4% to $6221.
Today's Markets In Asia, Japan flat. Hong Kong -0.3%. China -0.5%. India +0.1%. In Europe, at midday, London +0.4%. Paris +0.3%. Frankfurt flat. Futures at 6:20, Dow -0.2%. S&P -0.2%. Nasdaq -0.1%. Crude -0.2% to $67.93. Gold -0.8% to $1259.20. Bitcoin -0.4% to $6221. Ten-year Treasury Yield steady at 2.88%
[uncensored-r/Bitcoin] John McAfee: in the fall of the stock market to blame banks in India
The following post by bitlexa is being replicated because the post has been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7unf8s The original post's content was as follows:
While analysts around the world trying to find the cause of the current collapse of the stock market, an expert on cyber security and CEO of MGT Capital Investments John McAfee has a theory. According to McAfee, in the current depreciation of the cryptocurrency to blame banks in India. Namely, the decision of the financial regulators of the country to tighten the rules of regulation of Bank accounts related to cryptocurrency exchanges.
“Again… don’t panic. Banks in India are tightening measures against accounts related to cryptocurrency exchanges, thereby causing the collapse. But the decentralized stock exchange appeared not so long ago. And it will be impossible to cover”.
04-12 10:12 - 'India - RBI recently banned entities regulated by it from dealing with virtual currencies (VCs). This is the definite decisive blow on the mushrooming cryptocurrency market in India.' (knappily.com) by /u/ranjithps removed from /r/Bitcoin within 10-20min
The Bitcoin industry in India was once growing at a terrific rate as users were flocking to this digital currency to take advantage of its rapid price appreciation. Meanwhile, the demonetization of the Indian rupee by the country’s government a couple of years ago had led to an increase in demand for Bitcoin, but the sad news is that The report offers a Bitcoin and Cryptocurrency ATMs market overview and forecast on a global as well as regional basis. An in-depth research has been carried out to shed light on how the market Still, with a new market opened up for Bitcoin in India, we can expect a lot of good things to happen for the crypto world as a whole. You can easily jump on that bandwagon and buy any crypto you wish with via our widget. Bottom Line. With that, it is time to conclude our short overview of the crypto situation (and history) in India. Trending Bitcoin News and Market Sentiment June 13th, 2020: After Crypto Ban Lifted, Crypto Exchanges Boom in India, Mt Gox’s Karpeles Says Tokyo Court Ruling “Dangerous” By Saloma Posted on 13/06/2020 Trending Bitcoin News and Market Sentiment 4th March, 2020: Victory for Crypto India as Supreme Court Quashes Central Bank Freeze, as India Moves Towards a Digital Future of Solar Power By Saloma Posted on 04/03/2020
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