In a Blow to Bitcoin, India Bans Banks from Dealing in Cryptocurrencies (bitcoinmagazine.com)

In what amounts to a major clampdown down on bitcoin and other cryptocurrencies, the Reserve Bank of India (RBI) announced in a press release today, April 5, 2018, that it is banning banks and regulated financial entities from dealing with digital currencies.“In view of the associated risks, it has been decided that, with immediate effect, entities regulated by RBI shall not deal with or provide services to…

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Companies Outsource Marketing to India Amid Ban on Crypto Ads (news.bitcoin.com)

The outsourcing of advertising is becoming a promising opportunity for many marketing firms in India. Restrictions on crypto ads, imposed by giants like Facebook and Google, are forcing crypto businesses to seek alternative ways to reach customers and investors. The high cost of these services globally is pushing more companies towards the Indian market. 
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Tax Filing Platform Teams with Zebpay to Help Crypto Taxpayers in India (news.bitcoin.com)

The largest tax filing platform in India, Cleartax, together with Zebpay, one of the leading Indian cryptocurrency exchanges, is uniting efforts to help Indians with their crypto taxes. The partnership aims to educate bitcoin investors and traders about the current tax laws and how they apply to reporting cryptocurrency incomes and profits.
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An influential former bureaucrat thinks India just can't regulate bitcoin

India's been grappling with regulation of cryptocurrencies for a while now, often indicating its aversion to them—yet not banning it. However, a former top finance ministry official insists that bitcoin and its ilk ought not to be allowed at all. Shaktikanta Das, a former secretary of economic affairs who also …
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Regulatory Loophole Helps Startups in India Accept Bitcoin Without Breaking the Law (news.bitcoin.com)

Some businesses in India believe that they have found a loophole in the finance minister’s speech that sought to clamp down on the use of cryptocurrencies. While this loophole may allow startups to accept bitcoin without breaking the law, experts question its viability.
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Citibank India to Not Permit Card Customers Purchasing or Trading Crypto (news.bitcoin.com)

Citibank India notified debit card and credit card clients via email on the 13:th of February they would no longer be able to participate in cryptocurrencies such as bitcoin. Citing regional and global concerns from regulators, the over a century old institution is following a growing number of traditional banks in cutting off access to the decentralized currency.  
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Roles of Regulators Decided in India, Rules on Bitcoin Coming Soon

India will soon have its own rules on bitcoin. The responsibilities of various regulators have been determined, a high-ranking official revealed. Relevant institutions are currently finalizing a comprehensive government policy on cryptocurrencies. Representatives of the Indian crypto community, …
Google Alert – bitcoin

Roles of Regulators Decided in India, Rules on Bitcoin Coming Soon (news.bitcoin.com)

India will soon have its own rules on bitcoin. The responsibilities of various regulators have been determined, a high-ranking official revealed. Relevant institutions are currently finalizing a comprehensive government policy on cryptocurrencies. Representatives of the Indian crypto community, meanwhile, have quashed fears of an imminent ban.
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