India: RBI Stalls its Plans to Launch Central Bank Digital Currency

India: RBI Stalls its Plans to Launch Central Bank Digital Currency
ôîòî ïîêàçàíî ñ : btcmanager.com

2019-1-3 08:00

According to a report from Business Line, published on January 1, 2019, the Reserve Bank of India (RBI) has stalled its plan to launch a national digital currency. Too Early for Central Bank Digital Currency The cryptocurrency ecosystem in India has been plagued with confusion and indecisiveness, and the latest decision by the country’s financial watchdog is no exception.

Citing. . . Read More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News. origin »

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‘Totalitarian’ – Antonopoulos Slams India’s Identity-Based Digital Currency Plans

Andreas Antonopoulos has labeled plans from India’s central bank to create an identity-based national digital currency as “incredibly dangerous” as details emerge of a fresh crackdown on cash. ‘Democracy Dies’ In comments on Twitter August 30, the well-known cryptocurrency educator said India’s history of limiting cash availability to citizens and forcing through surveillance measures via its Aadhaar system would lead to the “death” of democracy.

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2018-7-26 21:15


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Indian Cryptocurrency Exchange Koinex Launches Loop, a P2P Token Transaction Network

Koinex, a prominent Indian crypto exchange, has launched its peer-to-peer (P2P) service called Loop. Loop is a P2P trading platform for crypto assets transactions using fiat currency (INR). Koinex Loop – An Attempt to Preserve the Crypto Industry in India This step follows the move by another Indian exchange, WazirX, who started their P2P operations earlier.

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India Stands Still – Should Crypto Go or Stay ?

The biggest case involving the Indian cryptocurrencies market is scheduled to resume today as the Supreme court presides over a lawsuit filed by exchanges against the Reserve Bank of India (RBI). A directive by the central banking authority required that all banks in the country quit doing business with virtual currency exchanges on or before […] The post India Stands Still – Should Crypto Go or Stay ? appeared first on ZyCrypto.

2018-7-20 15:08


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Indian Regulators May ‘Unban’ Cryptocurrency Trading Soon

The Reserve Bank of India’s (RBI) harsh stance towards the local digital currency space may not last forever. If the latest report coming from reliable sources at the finance ministry is anything to go by, authorities are on the verge of regulating blockchain-based virtual currencies as commodities, a move that would be very beneficial to cryptocurrency investors in the Asian.

2018-7-13 16:00


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Reserve Bank Of India Ruling Could Mean Zebpay Customers Can No Longer Withdraw Their Rupees

The saga surrounding The Reserve Bank of India (RBI) and their attempt at banning cryptocurrencies continues. We have recently seen confirmation from the RBI that they failed to do any prior research before making a move to ban cryptocurrencies, and of course a team of legal officials are working on determining how much say the RBI have in this matter, but regardless, the RBI deadline of the 5th of July now nears.

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One of India’s leading cryptocurrency exchanges, Zebpay have announced that they may soon have to make some changes. In light of the decree that was released and distributed by the Reserve Bank of India, the exchange, that previously has and still does provide the service of converting crypto assets into fiat currency and subsequently depositing The post Indian exchange Zebpay might stop crypto-to-fiat conversions appeared first on ItsBlockchain.

2018-6-21 12:58


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