Archive | india

India’s Bitcoin Party to End Early?

S. Ganesh Kumar, a director of the Reserve Bank of India, seems to have put an end to debate over cryptocurrency’s future in the country. Speaking on Monday, he said that virtual currencies would not be allowed for use as a means of payment or settlement in India. Although this is not an immediate ban, […]

Indian State Bank to Launch Blockchain-Based KYC Solution

With increasing demand for blockchain technology, more and more banks are employing blockchain-based systems meant to improve customer service and reduce costs. The State Bank of India, also known as the SBI, is the latest to join the race, as it will soon implement blockchain technology to manage Know Your Customer (KYC) protocols. No compromise of user confidentiality […]

Indian Mobile-Based Wallet and Exchange Provider Zebpay Announce One Million Downloads and Counting

According to their Twitter account, Indian wallet and exchange application Zebpay hit an impressive milestone of one million downloads last month. They also estimate an influx of 500,000 new users per month in 2018. Zebpay was launched in 2015 by trio …

CEX.io and Unocoin Announce Fork Arrangements

This week two more exchanges revealed their plans for the upcoming Segwit2x fork this November. The London-based exchange CEX.io explains that whether the company supports the split or not customers will receive split tokens if the fork takes place. Further, the Indian exchange Unocoin has revealed it will be supporting the chain with the most […]