Reserve Bank of India News

The token prices on the Indian crypto exchange WazirX crashed following the announcement of a bill that would ban all private crypto.

Indian Prime Minister Narendra Modi has grown increasingly vocal about cryptocurrencies.

Despite the growing popularity of cryptocurrencies in India, lawmakers remain deeply divided on implementing a proper regulatory framework.

In India, the regulatory environment surrounding Bitcoin is still in a "grey area."

Officials from India's Finance Ministry said any potential law on cryptocurrencies would likely come around the time the government submits the Union Budget of India in February.

A former deputy governor of the RBI sees cryptocurrencies as a taxable asset or commodity.

India’s central bank is carefully considering the merits of issuing a digital rupee, while CBDC exploration continues to gather steam across the globe.

Users will be able to earn yield paid in BTC on all the rewards they’ve accumulated through the app.

RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo.

The bank has also asked users not to invest any fiat currency that may have links to previous cryptocurrency investments.

India’s crypto exchanges continue to cope with the burden of limited access to banking services.

India’s regulatory stance on crypto has been shaky at best and prejudiced at worst, but what is India actually doing about crypto?

Authorities in India are reportedly weighing up options concerning crypto regulations in the country.

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.

Kraken, Bitfinex and KuCoin could become the next major crypto exchanges to attempt to service India’s estimated 15 million crypto investors.