Bitcoin for sale in mumbai

Binance, the world's biggest cryptocurrency exchange, has been issued a warning by the UK's financial regulator. It also advised people to be wary of adverts promising high returns on cryptoasset investments. Binance said the FCA notice would have no "direct impact" on the services it provides from its website Binance. Binance's existing crypto exchange is not UK-based so despite the FCA ruling, there will be no impact on UK residents who use the website to purchase and sell cryptocurrencies. The FCA does not regulate cryptocurrencies, but requires exchanges to register with them. Binance has not registered with the FCA and therefore is not allowed to operate an exchange in the UK.

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Content:

• Bitcoin mining in India: A profitable venture?
• Bitcoin flourishes in India, despite China's cryptocurrency crackdown
• India’s No. 1 cryptocurrency wallet
• Is Bitcoin Legal in India? 5 Commonly Asked Questions
• India’s cryptocurrency enthusiasts call New Delhi’s bluff on ban
• The incredible saga of 'Sriki', the hacker at centre of Karnataka bitcoin scam

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Bitcoin mining in India: A profitable venture?

Representation of cryptocurrency Bitcoin is seen in this illustration taken November 29, MUMBAI, Nov 28 Reuters - Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing legislation to effectively bar most private cryptocurrencies.

Coinstore has launched its web and app platform and plans branches in Bangalore, New Delhi and Mumbai which will act as its base in India for future expansion, its management said. Asked why Coinstore was launching India despite the pending clampdown on cryptocurrencies, Tan said: "There have been policy flip-flops but we hope things are going to be positive and we are optimistic that the Indian government will come out with a healthy framework for cryptocurrencies.

The New Delhi government is planning to discourage trading in cryptocurrencies by imposing hefty capital gains and other taxes, two sources told Reuters earlier this month.

It has said that it will allow only certain cryptocurrencies to promote the underlying technology and its uses, according to a legislative agenda for the winter session that is set to start later this month. Coinstore is the second global exchange to enter India in recent months, following in the footsteps of CrossTower which launched its local unit in September. The price of the world's biggest cryptocurrency, Bitcoin, has more than doubled since the start of this year, attracting hordes of Indian investors.

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Bitcoin flourishes in India, despite China's cryptocurrency crackdown

It was in that Akshat Gupta first decided to invest in the highly valued cryptocurrency. By then, the currency had been in existence for nine years, and the first transaction where two pizzas were bought in Florida in exchange for 10, BTC was eight years old. It was also around that time that he started to mine other cryptocurrencies such as Lite and Ethereum. The 4 BTC that Gupta owns today are now worth around 1. Nobody can stop Bitcoin or other currencies because they are not controlled by a country or exchange.

India’s No. 1 cryptocurrency wallet

The April 24 sale, intended to fund development of an advanced prediction market, got admiring coverage from Forbes and The Wall Street Journal. These two projects—one trumpeted as an innovative success, the other targeted as a criminal conspiracy—claimed to be doing essentially the same thing. They are not formally regulated by any financial authority, and exist in an ecosystem with few checks and balances. OneCoin loudly trumpeted its use of blockchain technology, but holes in that claim were visible long before international law enforcement took notice. Whereas Gnosis had experienced engineers, endorsements from known experts, and an operational version of their software, OneCoin was led and promoted by known fraudsters waving fake credentials. And yet, OneCoin attracted hundreds of millions of dollars more than Gnosis. Left unchecked, this growing crypto-mania could be hugely destructive to one of the most promising technologies of the 21st century. This danger exists in large part because grasping even the basics of blockchain technology remains daunting for non-specialists.

Is Bitcoin Legal in India? 5 Commonly Asked Questions

Cryptocurrency round up: Bitcoin is India's most loved crypto, there's a new scam called Twitz. AirAsia News. Adani Wilmar IPO. Nirmala Sitharaman.

India’s cryptocurrency enthusiasts call New Delhi’s bluff on ban

Check out the available offers from traders in Mumbai, Maharashtra, India with a wide range of payment options. Simply click buy, sell or exchange to initiate a trade in Mumbai, Maharashtra, India with cash through safe and secure marketplace. Invite friends and earn lifetime commissions from every trade they made. Symlix is a peer-to-peer marketplace where users buy, sell and exchange cryptocurrencies. The platform offers secure Bitcoin trades and live chat for users to communicate with each other.

The incredible saga of 'Sriki', the hacker at centre of Karnataka bitcoin scam

The rate of Bitcoin cryptocurrency has been growing exponentially. Many people are buying Bitcoin as an investment or use it to buy products and services. There are many questions about Bitcoin and its future and we aim to answer these through an interview with the COO of Zebpay. Bitcoin made its debut in However, it is not issued, endorsed or regulated by any central bank.

On the back of a major bull run in late and early , cryptocurrency has emerged as one of the fastest-growing digital assets. Backed by blockchain and enabled for trading, it effectively offers multiple means for anyone looking to make some good income online. The cryptocurrency industry welcomed this statement from the RBI and viewed it as an approval on the use of bank accounts for such transactions.

Bitcoin in India is gaining popularity like never before. As an impact of the major bull run in late and early , bitcoin has emerged as a top digital asset in the country. Backed by blockchain technology, bitcoin is a decentralized digital token that works without the guidance or monitoring of an authority. The legality of cryptocurrency in India is still at stake.

People who are keen to buy Bitcoins should go to bitcoin exchanges. Bitcoin has become one of the buzzwords in the market that has gained traction ever since this virtual currency touched an all-time high in April this year. Is it a safe avenue for investment? The concept of bitcoin can be traced back to a white paper published in by Satashi Nakamoto. Bitcoin, to say least, is a virtual currency and is an online cash that changes hands over internet. As of now, there are plethora of services one can avail using these virtual currency. And giant corporates racing against time for devising a payment strategy to provide and accept services related to cryptocurrency, in itself shows that no one wants to miss the bandwagon of cryptocurrency.

There are some links related to bitcoin , but can't share them for now. It will hamper the investigation Earlier on Wednesday, a Mumbai court sent four more persons, who were arrested in connection with a drug seizure on a cruise ship off the Mumbai coast, to NCB custody till October Eight persons were detained for questioning by the NCB in connection with the drug seizure on the cruise ship, according to NCB zonal director Sameer Wankhede.