The Supreme Court of India made a decision on February 25, 2019, to present the government with an ultimatum: Develop crypto regulations within the next four weeks or the court will make its own judgement.
A second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules.
Bitcoin Magazine caught up with ConsenSys’ Gupta to discuss the launch of project Tachyon and the launch of ConsenSys India, as well as the various factors that come into play in deciding where to allocate funds.
In reply to a Right to Information query filed by a local lawyer, the bank revealed that its decision to ban cryptocurrency-related accounts was made without due consultation or study.
The program plans to install textile looms, deliver renewable energy to power these looms, and use the Ethereum blockchain to manage supply-chain logistics for the initiative.