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Indian State to Boost Local Blockchain Ecosystem With Mentorships, Events

| Yogita Khatri

The Indian state of Andhra Pradesh plans to support blockchain startups in the state in partnership with Eleven01.

Firm Owned by India’s Richest Man Turns to Blockchain for Trade Finance

| Yogita Khatri

Reliance Industries – owned by India's richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction.

Indian Officials Met to Discuss Possible Ban on ‘Private Cryptocurrencies’

| Yogita Khatri

The Indian government is considering imposing a ban on what it calls "private cryptocurrencies," according to an official release.

India Supreme Court Seeks Government Opinion on Crypto Within 2 Weeks

| Yogita Khatri

The Supreme Court of India has asked the government to give its view on cryptocurrencies, amid fallout from a ruling by the central bank in April.

Indian Police Seize ATM Run By Crypto Exchange Unocoin

| Wolfie Zhao

Police in the Indian city of Bangalore have seized an ATM just weeks after it was set up by crypto exchange Unocoin.

How a Bitcoin Exchange Is Surviving the Central Bank Crackdown in India

| Leigh Cuen

Indian regulators' clampdown on crypto firms is forcing exchange Unocoin to experiment with ATMs and stablecoins to continue receiving fiat deposits.

India’s Central Bank Denies ‘Formal Creation’ of Blockchain Unit

| Aditi Hudli

The Reserve Bank of India has denied officially forming a new unit to research AI and blockchain technology, despite reports to the contrary.

Indian Crypto Exchange Zebpay Halts Trading Over Banking Ban

| Wolfie Zhao

Zebpay, once the largest crypto exchange in India, is halting its trading service at short notice, but stressed its wallet will stay functional.

Cryptojacking Scripts Found on Local Indian Government Sites

| Nikhilesh De

Municipal government websites in Andhra Pradesh are running cryptojacking scripts, a group of security researchers found earlier this month.

Indian Central Bank Argues Cryptos ‘Not Valid’ as Currency in Court Battle

| Daniel Palmer

The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency.