Tag: RBI
Crypto in India: Unregulated on Paper, Enforced in Practice
India doesn’t regulate crypto formally but enforces strict monitoring, taxation, and compliance. Crypto platforms must follow KYC, AML, and record-keeping rules; ED has seized ₹4,200+…
Crypto News: India Insists On Its CBDC Gamble, As It Doubles Down On Its Stance Against Crypto
India plans to roll out an RBI-backed digital currency for faster, safer, and transparent payments while limiting private crypto use. India is preparing to…
RBI Governor Backs CBDC for India’s Payment Revolution
India is spearheading CBDC development, with continuing trial initiatives. CBDC has the potential to alter the future of India’s payment systems and economy. On his…
RBI Chief Warns Stablecoins Endanger India’s Monetary Sovereignty
RBI Governor Das has criticized stablecoins for undermining local currency sovereignty. He promotes CBDCs as the secure future of digital payments in India. During a…
Regulators in India Are Still at War with Crypto
The Minister of State for IT Rajeev Chandrasekhar is going against the ideas set forth on crypto by the Reserve Bank of India (RBI). In…
The RBI Is Getting Its Digital Rupee Ready
The Reserve Bank of India (RBI) has unveiled its new pilot program that will see various consumers testing out the latest version of its digital rupee. A…
The RBI Could Issue a Digital Rupee Soon
The Reserve Bank of India (RBI) is considering the release of a new digital version of the rupee, the national currency of India. The RBI…
Shaktikanta Das of RBI Fame Is Concerned About Crypto
Shaktikanta Das – the governor of the Reserve Bank of India (RBI) – is not a fan of cryptocurrencies, having recently insulted them and practically…
Will India Ban Crypto After All?
It’s been months, and the fight surrounding crypto in India doesn’t appear to have an end in sight. The Reserve Bank of India (RBI) and…
