• Indian exchange proposes sandbox
    Asia & Australia,  Politics,  Regulation

    Indian exchange proposes sandbox to avoid countrywide crypto ban

    BuyUcoin says its proposals have been drawn up in conjunction with other Indian trading platforms but there’s no guarantee that the government will listen

    “This is the first milestone of a long journey for making cryptocurrency accessible to the masses,” BuyUcoin CEO and co-founder Shivam Thakral said. “The draft of the sandbox is driven by input from crypto experts and industry insiders. This will not only help the government to make laws, but will also guide startups and budding entrepreneurs to enter this blooming industry.”

  • India ban crypto trading
    Cryptocurrencies,  Politics,  Regulation

    India to ban crypto trading

    Discussion around a cryptocurrency trading ban resumed on the first parliament meeting following the Covid-19 halt. The Indian government’s priorities are clear

    The bill is expected to be discussed shortly by the union cabinet before making its way to the parliament. The Indian government will encourage blockchain developments but hinder the trading of crypto assets.

  • India revisits crypto ban
    Bitcoin,  Cryptocurrencies,  Regulation

    India revisits crypto ban in fresh blow to embattled industry

    Months after exchanges began tentatively opening and reopening for business, reports suggest the Indian government is not finished in its quest to ban the trade of digital assets

    The rumored ban comes months after the country’s Supreme Court overturned controversial restrictions that prohibited banks from dealing with exchanges. Those measures left many trading platforms unable to operate, with some closing their doors for good.

  • Buying Bitcoin using fiat
    Bitcoin

    Buying Bitcoin using fiat just got easier

    A new partnership with Paxful means OKEx users can buy Bitcoin using 160 fiat currencies… or gift cards, if they prefer.

    OKEx announced on June 15 that it has entered into a strategic partnership with the peer-to-peer Bitcoin marketplace Paxful. OKEx users will be able to purchase BTC using more than 160 fiat currencies, while Paxful users will be given direct access to the OKEx platform for trades, options and futures.

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