News
A former deputy governor of the RBI sees cryptocurrencies as a taxable asset or commodity.
5856
Reserve Bank of India News
The Reserve Bank of India is India’s financial authority that has a control over Indian monetary policy and national currency – the Indian rupee. The Reserve Bank of India also stores foreign exchange reserves, maintains inflation control, and regulates banking operations and institutions. The Reserve Bank of India is one of the world’s most important financial authorities because of India’s huge economic influence — due to its exports and GDP. The central bank of India publishes reports on various sides of India’s banking development and its financial indicators. The Reserve Bank of India has issued an e-banking report that studies the risks and opportunities of internet banking, encourages banks to promote and develop their e-banking applications and services, and gives recommendations about the process of it.
- News
India’s central bank is carefully considering the merits of issuing a digital rupee, while CBDC exploration continues to gather steam across the globe.
4298 - News
Users will be able to earn yield paid in BTC on all the rewards they’ve accumulated through the app.
6919 - News
RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo.
2504 - News
The bank has also asked users not to invest any fiat currency that may have links to previous cryptocurrency investments.
5372 - News
India’s crypto exchanges continue to cope with the burden of limited access to banking services.
2442 - Follow up
India’s regulatory stance on crypto has been shaky at best and prejudiced at worst, but what is India actually doing about crypto?
3722 - News
Authorities in India are reportedly weighing up options concerning crypto regulations in the country.
13395 - News
Indian state officials are reportedly no longer keen on banning Bitcoin and a crypto regulatory bill may be up for discussion during the Monsoon Session of Parliament.
23263 - News
Kraken, Bitfinex and KuCoin could become the next major crypto exchanges to attempt to service India’s estimated 15 million crypto investors.
10715 - News
Indian tech mogul Nandan Nilekani believes the country should be seeking to attract investment from the $1.7 trillion crypto-asset industry.
11471 - News
The Reserve Bank of India's ban on banks' dealings with crypto may be defunct but the institution remains apprehensive of — if not outright hostile to — cryptocurrencies.
6450 - News
Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular.
13584 - News
A new panel will be formed to address "outdated" recommendations on crypto trading.
44326 - Analysis
Indian officials are switching their stance on crypto, but the country’s regulatory environment may have additional bottlenecks in store.
25866