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RBI Governor: Cryptocurrency is a Clear Danger to Financial Stability
India’s central bank governor has once again given the thumbs down to cryptocurrencies and called them a danger. In the foreword to the Reserve Bank of India’s (RBI) 25th Financial Stability Report (FSR), RBI Governor Shaktikanta Das called for a drastic approach by national authorities to deal with the growing threat from the digital assets […] дальше »
2022-7-11 19:33 | |
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Bitcoin Ban ‘Most Advisable’ Option In India, Not Legalization: Central Bank Deputy Governor
The deputy governor of the Reserve Bank of India (RBI), the country’s central bank, has come out in support of banning cryptocurrencies in the world’s second-most populous nation. RBI Deputy Governor Doubles Down On Anti-Crypto Stance The RBI deputy governor has poured cold water on any hopes that India could soon take the regulatory and […] дальше »
2022-2-15 00:20 | |
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Former RBI official says India should embrace crypto as an asset class
Rama Subramaniam Gandhi, the former Deputy Governor of the Reserve Bank of India (RBI), believes it is vital to accept cryptocurrencies as assets. Gandhi, who served the central from 2014 to 2017, shared his views during an event organized by the Internet and Mobile Association of India (IAMAI) and the Blockchain & Crypto Assets Council […] The post Former RBI official says India should embrace crypto as an asset class appeared first on Invezz. дальше »
2021-9-8 18:20 | |
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Indian Central Bank Could Launch CBDC Trials by December
The Reserve Bank of India (RBI) could launch its first digital currency trials by December, according to central bank governor Shaktikanta Das. The post Indian Central Bank Could Launch CBDC Trials by December appeared first on BeInCrypto. дальше »
2021-8-28 21:20 | |
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India: RBI Governor Hints at Digital Rupee Trial by December 2021
India could launch the pilot program for its digital rupee by December 2021, a report by CNBC confirms. Digital Rupee Pilot to Launch by December 2021 India’s central bank, the Reserve Bank of India (RBI) recently made its intentions public of launching its first digital currency trial programs by December 2021. Speaking to CNBC, RBIRead More дальше »
2021-8-28 21:00 | |
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Former RBI Governor Wants Crypto to Find Proper Use Case to be “More Confident” About its Value
Raghuram Rajan, who is also the former IMF chief economist, expects US inflation to be transitory and said, “Ideally, the Fed would like to observe as long as possible,” with the problem being the Delta variant and others “lurking in the background. дальше »
2021-8-27 18:35 | |
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India to Introduce ‘Digital Rupee’ In Wholesale and Retail Segments
The Reserve Bank of India (RBI) has finally unveiled its CBDC plans. It soon intends to launch an official digital currency in a phased manner, beginning with wholesale and retail segments. In a key-note speech at a webinar of a legal think tank on July 22, RBI Deputy Governor T. Rabi Shankar presented the central […] дальше »
2021-7-25 21:27 | |
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Indi to Introduce ‘Digital Rupee’ In Wholesale and Retail Segments
The Reserve Bank of India (RBI) has finally unveiled its CBDC plans. It soon intends to launch an official digital currency in a phased manner, beginning with wholesale and retail segments. In a key-note speech at a webinar of a legal think tank on July 22, RBI Deputy Governor T. Rabi Shankar presented the central […] дальше »
2021-7-24 21:27 | |
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India Central Bank, RBI, Considers Rolling Out Digital Rupee In A ‘Phased’ Manner
The Reserve Bank of India (RBI) is working on a phased implementation strategy for its central bank digital currency (CBDC) program. India Considers Running CBDC Pilot Programs The Deputy Governor of RBI, T. дальше »
2021-7-23 16:44 | |
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India’s Central Bank RBI Unveils Plan to Launch Digital Currency in Phases
The deputy governor of the Reserve Bank of India (RBI) has revealed that the central bank is planning to launch a state-backed digital currency in phases so that it would have “little or no disruption to India’s banking or monetary systems. дальше »
2021-7-23 14:30 | |
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India: RBI Governor Shaktikanta Says Concerns on Crypto Remain Unchanged
RBI Governor Shaktikanta Das told reporters at an online press conference that there is no change in RBI’s position on crypto trading in India. He said this after the monetary policy statement, adding that they have significant concerns around cryptocurrency, which they have conveyed to the government. дальше »
2021-6-5 23:00 | |
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RBI governor “surprised” that Indian banks cited 2018 laws to block crypto users
Reserve Bank of India (RBI) governor Shaktikanta Das said this week the central bank has ‘no change’ with regards to its approach towards the crypto sector, local outlet Business Standard reported today. дальше »
2021-6-5 17:55 | |
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India’s Central Bank RBI Still Has ‘Major Concerns’ About Crypto After Saying Ban No Longer Valid
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, has clarified the central bank’s position regarding cryptocurrency. His statements followed a notice published by the RBI telling banks that its crypto banking restriction is no longer valid and cannot be cited. дальше »
2021-6-5 17:00 | |
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RBI Governor Says Government and Central Bank Agree on Cryptocurrency Approach
RBI Governor Shaktikanta Das says that there is no difference of opinion between the Reserve Bank of India (RBI) and the finance ministry on cryptocurrencies. While the finance minister said that the government will not shut off all options and will take a calibrated position regarding crypto legislation, the central bank has voiced some “major […] дальше »
2021-3-27 13:35 | |
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RBI Governor Believes Crypto has ‘Major Concerns’ While Teasing the Launch of a Digital Rupee
In an exclusive interview with CNBC TV18, Shaktikanta Das, the Reserve Bank of India (RBI) governor, said the central bank has “major concerns on cryptocurrencies. ” The central bank has already communicated the government's concerns, who will “take a call,” and if required, Parliament will also decide on regulating crypto. дальше »
2021-2-26 21:24 | |
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India’s Central Bank Cites Financial Instability Due to Cryptocurrencies
On Wednesday, Governor Shaktikanta Das said that India’s central bank has “major concerns” about cryptocurrencies. He flagged potential risks leading to financial stability. Crypto Adoption Woes The Reserve Bank of India (RBI) has been fundamentally opposed to cryptocurrencies ahead of the government’s plans to introduce a law to ban this form of assets and instituteRead More дальше »
2021-2-25 00:00 | |
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Former RBI Governor and IMF Chief Economist Sees Value in Bitcoin and Facebook Libra
Raghuram Rajan, former governor of the Reserve Bank of India (RBI) and chief economist at the International Monetary Fund (IMF), sees value in bitcoin, cryptocurrencies, and Facebook-backed libra alongside central bank digital currencies. дальше »
2020-8-22 16:15 | |
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RBI Governor Rules Out Private Digital Currencies But Discussion Underway For A Centralized One
India's Central Bank, the Reserve Bank of India (RBI) governor has ruled out the private digital currencies like Libra, asserting government's right over this function. Saktikante Das told reporters on Tuesday: “The world over, central banks and the governments are against private digital currency because currency issuance is a sovereign function and it has to […] дальше »
2019-12-6 18:28 | |
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RBI Governor Discusses Crypto and Central Bank Digital Currency
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency, when the time will be right for issuing one, and his view on private digital currencies. дальше »
2019-12-6 16:30 | |
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Binance Buyout Brings Hope to Investors in India of Enhanced Regulation
Back in April 2018, India’s central bank instigated a massive crackdown on purchasing and trading cryptocurrency like Bitcoin. Bibhu Kanungo, who is the Deputy Governor for Reserve Bank of India, declared that all the firms regulated by the RBI should “stop having business relationships with entities dealing with virtual currencies forthwith and unwind the existing […] дальше »
2019-11-29 21:02 | |
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Indian Finance Minister Answers Crypto Questions at IMF Meeting
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. дальше »
2019-10-21 13:15 | |
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Former RBI Governor Stirs Up PMO India – Time For Better Banks
Bank frauds in India have opened a can of worms this year, leaving the public questioning concepts such as board, governance, public sector, bankruptcy, and investor transparency with anxiety and anger. дальше »
2018-9-13 14:50 | |
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India's Central Bank Admits to Banning Crypto Accounts Without Research
]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work. дальше »
2018-6-13 23:40 | |
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