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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 regulatin...

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 wa...

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 ...

Kingpin of Rs 2.5 cr Delhi cryptocurrency racket held ANI | Updated: Jan 01, 2021 16:45 IST New Delhi [India], January 1 (ANI): A 60-year-old person has been arrested for allegedly heading a racket that had swindled at least Rs 2.5 crores from some 45 people under the garb of being a cryptocurrency promoter. The accused Umesh Verma, a greeting cards maker and jeweller was arrested from Indira Gandhi International Airport by Economic Offences Wing of Delhi Police on arrival from Dubai, after he failed to give justification about the cryptocurrency launched...

»Bitcoin Scam: Man Arrested at IGI Airport for Duping People to the Tune of Rs 2.5 Crore 1-MIN READ Bitcoin Scam: Man Arrested at IGI Airport for Duping People to the Tune of Rs 2.5 Crore Image for representation. So far, 45 victims have alleged that they were duped of Rs 2.5 crore by the accused in this connection in 2017, police said. FOLLOW US ON: A man has been arrested for allegedly duping people by alluring them to invest in fake cryptocurrency, police said on Friday. The accused has been identified as Umesh Verma (60). He was arrested at the Indira Gandhi International airport when h...