Campus blockchain currency in India

BIMCoin Launches as India’s First Campus Blockchain Currency at BIMTECH

BIMTECH Launches BIMCoin: India’s First Campus Blockchain Currency In a groundbreaking move, the Birla Institute of Management Technology (BIMTECH), Greater Noida, has introduced BIMCoin, India’s first-ever campus-based blockchain currency. This new currency aims to revolutionize the campus’s economic transactions and empower students to gain firsthand experience of blockchain technology and digital currencies. BIMCoin will serve…

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PMLA 2002

PMLA 2002 Amended to Include Cryptocurrency Trade in India

PMLA 2002 Amended to Include Cryptocurrency Trade The Indian government has recently amended the Prevention of Money Laundering Act (PMLA) 2002 to include transactions related to cryptocurrencies such as Bitcoin, Ethereum, and other digital currencies. This move comes after the Reserve Bank of India (RBI) had banned banks from dealing with cryptocurrency exchanges in 2018,…

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