Indian News Outlet Tries to Smear Bitcoin
India Today, a prominent Indian news outlet, has published an investigative report on bitcoin that clearly attempts to tarnish its reputation, perhaps due to a lack of understanding, perhaps due to propaganda. In the report, India today essentially connects bitcoin with illegal activities such as money laundering, as if the currency was created with the purpose of allowing criminals to hide from the long arm of the law. To a certain extent, bitcoin is painted as a centralized organization harboring criminals. According to the news outlet, the cryptocurrency is “notoriously used by money....
Related News
The Indian government is reportedly considering taking “the ordinance route” to quickly pass the cryptocurrency bill. “The government is of the firm view that they want to introduce the law within a month of clearance of the ordinance,” a local news outlet detailed. Indian Government Seeks to Quickly Pass Crypto Bill All eyes are on what the government of India will do with the cryptocurrency bill that is listed to be introduced in the current session of parliament. The bill seeks to ban cryptocurrencies while creating a framework for the official digital currency....
With a new tweet, Greenpeace USA continues its smear campaign against Bitcoin and Proof of Work. Just this March, the environmental organisation caused a stir in the Bitcoin space when it teamed up with other climate groups to launch the “Change the Code, Not The Climate” campaign. Remarkably, Ripple co-founder Larsen also provided $5 million […]
Government officials may be planning to introduce the law potentially banning crypto “within a month” of the ordinance clearing. The Indian government may be taking a legislative shortcut to pass a bill recently proposed to regulate digital currencies in the country.According to a report from news outlet CNBC-TV18, the Indian government may take the “ordinance route” to ban the use of private cryptocurrencies in the country as well as create a regulatory framework for a digital rupee issued by the Reserve Bank of India. Passing the measures within the proposed crypto bill using this method....
Zee News is one of the largest Indian news networks with over 150 million average viewers. Recently it featured a full segment on Bitcoin with regards to its price projection, potential and global use cases. Zee News Business Head and Senior Editor Sudhir Chaudhary hinted that Bitcoin could reach $10,000 in value, considering the rising demand for the cryptocurrency. During a live show broadcasted to millions of active viewers, Chaudhary described Bitcoin as “the world’s most valuable currency,” and stated that the Zee News network decided to launch a complete segment on Bitcoin to discuss....
Coinsecure, one of the Indian Bitcoin companies now allows the international community to trade on Indian cryptocurrency market. India has recently been in the news for all the wrong reasons. The government’s move to demonetize bank notes of larger denominations viz., INR 1000 and INR 500 has created a cash crunch in the economy, renewing interest among the countrymen in Bitcoin. Since the news of demonetization was announced, the Indian “Big Four” Bitcoin companies — BTCX India, Coinsecure, Unocoin and ZebPay have been fielding hundreds of inquiries about the digital currency. The Indian....