India Likely To Lift Cryptocurrency Ban in 2019

India’s long-running saga regarding the legality of cryptocurrency is likely to see a lifting of the current ban in 2019. Indian Flip Flops Reports suggest the Gov’t formed committee debating the matter are in favor of legalization, although with strong regulations. India was a notable early adopter of Bitcoin, prompting the Reserve Bank of India (RBI) to issue its first cryptocurrency warning way back in December 2013. But […]

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UnoCoin Founder Arrested For Operating India’s First Bitcoin ATM

Police in Bengaluru, India recently arrested UnoCoin cofounder Harish BV for “illegally” operating a Bitcoin ATM in the city barely a week after it was installed.  ‘Not Taken Any Permission from the State Gov’t’ According to The News Minutes, Bengaluru’s Cyber Crime Police unit brought forward a case against Unocoin for illegally installing a BTC ATM […]

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India Hit with Crime Wave as Cryptocurrencies Continue to Gain Popularity

Matthew Hrones · June 13, 2018 · 1:00 am It seems that every time a new technology emerges, so too do ne’er-do-wells seeking to exploit that technology for their own gain. Cryptocurrencies are no exception. Bitcoin’s meteoric rise last December led to a whole slew of hacks and scams being perpetrated around the world. Of […]

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