January 19, 2021
You’re reading it here first: After several months of deliberation, India’s leading crypto-currency exchanges have finalised a code of conduct policy to be followed by all crypto-currency firms operating in the country. The code of conduct will be sent to the Reserve Bank of India (RBI) and the government for feedback based on which a final version will be released in the public domain.
Ever since the Supreme Court RBI’s struck down the RBI’s April 2018 circular, which barred banks from providing services crypto-firms in India, the domestic industry has been regulating itself. The Internet and Mobile Association of India (IAMAI), which had challenged the RBI’s circular, has been working with leading crypto-exchanges on the code of conduct policy for the past few months. Some of the companies that worked on the policy include Wazir X, CoinDCX, UnoCoin, ZebPay among others.
BTC cracks $30K, supply squeeze worsens, XRP implodes: Hodler’s Digest, Dec. 27–Jan. 2
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more one week on Cointelegraph in one link!
$30,000 continually hitting new all-time highs in the process.
There was drama at the start of the week after BTC crashed by 6.5% in a matter of minutes, with a sell wall at
$28,400 wiping thousands of dollars off its value.
Bitcoin still had plenty of fight left. As New Year neared, a high-volume surge helped the world’s biggest cryptocurrency waltz past
And on Jan. 2, BTC rapidly soared above
Dubai-based cryptocurrency racket kingpin held at IGI airport daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.
Alleged kingpin of a 25M rupee Indian crypto scam arrested at Delhi airport The man is said to have convinced people to invest in a 2017 scheme promising monthly returns of over 20%. 14230 Total views News
A 60-year-old man was arrested at Indira Gandhi International Airport in Delhi on Thursda for allegedly heading a 25 million rupee ($340,000) cryptocurrency scam.
Umesh Verma, a former jeweler and greeting card maker, was held by the Economic Offences Wing of Delhi police after arriving from Dubai.
Police allege that Verma, along with his son Bharat, convinced hundreds to invest in a scheme going by the name of Pluto Exchange, promising monthly returns of 20% to 30%.
Kingpin of Rs 2 5 cr Delhi cryptocurrency arrested indiagazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiagazette.com Daily Mail and Mail on Sunday newspapers.