2022-7-1 19:30 |
India's central bank has been a vocal critic of cryptocurrencies over the years; it previously stated that CBDCs could thwart the adoption of digital assets. origin »
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Dilip Asbe, the managing director of the National Payments Corporation of India (NPCI), recently voiced his support for the Reserve Bank of India’s (RBI) innovative central bank digital currency (CBDC) initiatives.
2024-2-21 11:49 | |
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India’s banking and finance sector regulator, the Reserve Bank of India (RBI), has said that it plans to introduce a Central Bank Digital Currency (CBDC) in a graded manner. Also, the introduction of a CBDC needs to meet the objectives of India’s monetary policy, financial stability, and currency and payments systems, local media reports. The […]
2022-6-2 23:34 | |
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India's regulatory woes pertaining to cryptos now seem to be easing a little, despite the absence of a clear consensus. Regardless, the threat of private cryptocurrencies being banned has stalled for The post India's WazirX opens account with country's third-largest pvt. sector bank appeared first on AMBCrypto.
2021-12-6 11:30 | |
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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.
2021-7-23 16:44 | |
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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.
2021-7-23 14:30 | |
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The lack of rules for cryptocurrency trade in India is giving birth to policy grey areas that different stakeholders are using to their benefit. As per a Reuters report on 13 May 2021, India’s central bank, the Reserve Bank of India (RBI), has recently asked Indian banks, informally, to stop banking services to crypto trades. […]
2021-5-16 18:17 | |
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The bank still claimed that government bodies and regulators in India are both “skeptical” and “apprehensive” about crypto.
2021-1-26 20:55 | |
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Since July 2018, domestic commercial banks in India were prohibited by the Reserve Bank of India (RBI) from servicing cryptocurrency exchanges and all other businesses dealing with virtual currencies due to a circular that the Central Bank had released.
2020-6-12 13:37 | |
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The government of India is reportedly discussing a regulatory framework for cryptocurrencies with the central bank, the Reserve Bank of India (RBI), and the Securities and Exchange Board of India (SEBI).
2020-3-22 16:10 | |
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Last week, Bitcoin bulls celebrated when it was revealed that India’s Supreme Court on Wednesday reversed anti-crypto restrictions placed on the industry by the nation’s central bank, the Reserve Bank of India.
2020-3-10 13:21 | |
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The Reserve Bank of India (RBI) says citizens do not need cryptos as the country’s mainstream financial framework already has working solutions for cross-border remittances. The Indian central bank also clarified the legal situation of cryptocurrencies in the country, stating that there is no ban on virtual currencies.
2020-1-23 20:00 | |
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India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still justifies the banking restrictions on the crypto industry.
2020-1-22 16:05 | |
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India – that has proposed a total ban on crypto yesterday – had planned to regulate digital currencies at first but the Reserve Bank of India (RBI) has forced the inter-ministerial cryptocurrency committee to prohibit the digital assets.
2019-7-27 13:13 | |
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The federal bank in India is finally embracing blockchain technology. The latest news is that the bank has entered a partnership with Ripple and its payment network RippleNet for cross-border payments to India and to enable Indians in diaspora transfer funds across borders.
2019-3-30 00:36 | |
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India’s perspective on cryptocurrencies has been quite cold, especially on the central bank, the Reserve Bank of India’s (RBI) end. Bitcoin Exchange Guide (BEG) reported on multiple instances how they have been consistently shutting down the idea, to which native traders were getting frustrated.
2019-3-24 20:40 | |
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India is currently moving towards unclear and clueless Bitcoin (BTC) and cryptocurrency regulations. Although there are several ways to regulate digital currencies, India seems not to have a clear path about what they want to achieve.
2019-3-8 19:49 | |
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The Reserve Bank of India has shelved its plan to launch a state-backed cryptocurrency amidst increased government pressure and concerns around money laundering. Indian Government Still Cautious About Cryptocurrencies It seems that regulatory clarity has evaded the crypto community in India, yet again.
2019-1-3 05:52 | |
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Cryptocurrencies could affect the transmission of India’s monetary policy if some trading migrates from the traditional exchange-based route to the peer-to-peer (P2P) mode, says the Reserve Bank of India (RBI) in its annual report published Wednesday, Aug.
2018-8-31 11:04 | |
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The Reserve Bank of India (RBI), the nation’s central bank, has formed a new research group focusing on emerging technologies like cryptocurrency, blockchain and artificial intelligence, the Economic Times reports.
2018-8-28 23:07 | |
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As the Indian Supreme Court declined to end the Reserve Bank of India's crypto curb, exchanges in India are taking different actions.
2018-7-5 09:00 | |
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The Central Bank of India – RBI has responded to an RTI query about why the decision to block banks from dealing in cryptocurrency was taken earlier this year – but the answer had no explanation whatsoever.
2018-6-14 14:08 | |
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]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.
2018-6-13 23:40 | |
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The Reserve Bank of India (RBI) is planning to allow cryptocurrency trading with some level of restrictions. After a rather long wait for the cryptocurrency market in India, the financial regulator and institution; The RBI has announced, according to reports from Congencis, that the government is against the ban of cryptocurrencies in the country.
2018-6-13 17:39 | |
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India’s Central Bank has admitted they undertook no research prior to issuing a notice on April 6th 2018 prohibiting banks from offering services to crypto-exchanges. In a request for information.
2018-6-13 16:51 | |
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The Indian government is reportedly “not in favor” of banning cryptocurrency, new sources claim June 13. Gov’t vs. Central Bank Citing local financial company Cogencis, local news media outlet Economic Times said a dedicated panel studying cryptocurrency “may suggest allowing cryptocurrency,” but with undisclosed “riders” – or provisos – about its usage.
2018-6-13 16:00 | |
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The Reserve Bank of India (RBI) hit the headlines a few months ago through their sudden decision to cut out cryptocurrency activities within their personal and corporate customers. To keep a long story short, they decided to state that they would not provide banking or financial services to anyone who engaged within cryptocurrencies.
2018-6-13 15:30 | |
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Shri Varun Sethi, who presents himself as a “blockchain lawyer,” requested clarifications from RBI under the country’s Right to Information Act. According to the answers provided, the decision didn’t result from any kind of special research or deliberation by the regulator.
2018-6-13 00:03 | |
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RBI, the central bank of India, has not made a proper effort to thoroughly research the nature and usage of cryptocurrencies before issuing its crypto ban. This is according to a reply sent by the bank to a Right to Information query filed by a lawyer.
2018-6-13 20:58 | |
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The seminar highlights the growing need for international collaboration on digital asset regulation, impacting global financial stability and policy. The post Bank of Korea and Bank of France hold talks on digital assets appeared first on Crypto Briefing.
The proposal's review could accelerate regulatory clarity, fostering innovation and investment in the crypto sector while ensuring compliance. The post SEC’s crypto safe harbor proposal moves to White House review stage appeared first on Crypto Briefing.
The CLARITY Act entered Washington as a bid to impose a durable market structure on crypto. It now sits at the center of a four-way fight over who gets to define that structure, who gets paid inside it, who supervises it, and how much of the existing financial rulebook survives the rewrite.
Kalshi gets margin approval as its $22 billion valuation and booming event trading volumes push prediction markets further into Wall Street. The post Kalshi moves toward margin trading with new regulatory approval appeared first on Crypto Briefing.
Codifying SEC-CFTC rules into law could prevent politically motivated crackdowns, fostering innovation and enhancing US crypto competitiveness. The post Ripple CEO warns against another weaponized Gensler moment if SEC-CFTC rules aren’t codified into law appeared first on Crypto Briefing.
Judge blocks Trump administration from enforcing Anthropic blacklist, handing Claude maker an early win in its fight with the Pentagon. The post Anthropic wins early court fight over Pentagon blacklist and Trump ban appeared first on Crypto Briefing.
The penalty highlights the critical need for robust compliance and oversight in financial services, especially within the crypto sector. The post Binance Australia hit with multimillion-dollar penalty after retail investor losses appeared first on Crypto Briefing.