Despite government concerns, A Desi business Begins Accepting Bitcoin as Payment

 NEW DELHI: Until now, Bitcoin as payment and other cryptocurrencies have been viewed primarily as an asset class in which to invest in order to profit from price appreciation. Despite government concerns, a Desi business begins accepting Bitcoin as payment. Some businesses in the United States have begun to accept them Bitcoin as payment currencies.…

India’s crypto-cold war

The Reserve Bank of India (RBI) has been at odds with India’s crypto business for quite some time. The relationship between the two is best defined as adversarial. Because the Reserve Bank of India is concerned about India’s ability to absorb financial shocks, it has repeatedly pointed out the drawbacks of adopting cryptocurrencies. The sector,…

“India Won’t Be Completely Shutting Down All of Bitcoin and Crypto”, Says Finance Minister.

Finance Minister Nirmala Sitharaman spoke out after a lot of speculation about the bitcoin and crypto ban in India! Speaking at the Conclave of India Today, Sitharaman said that India “will not shut down any cryptocurrency and will instead permit certain “experiments” on technology as an alternative form of payment. Bitcoin and Crypto Speculation in…