Tag: RBI
India Is Now Looking Into Creating a Centralized Cryptocurrency
The finance minister of India Nirmala Sitharaman is putting a lot of people’s fears to rest given that her recent budget speech left out cryptocurrencies…
India Allegedly Planning to End Its Crypto Ban
Could India potentially put an end to its present crypto ban? According to the New India Express, the answer might be “yes.” The publication recently…
Bitcoin Scam: More Victims Come Forward in India’s Biggest Bitcoin Fraud
More victims continue to come forward accusing Amit Bharadwaj and his accomplices of defrauding them with fake Bitcoin investment schemes. Recently, India’s Enforcement Directorate (ED)…
India Considers Issuing National Cryptocurrency Despite Anti-Bitcoin Stance
Anonymous state officials within the Indian government say the country plans to issue a national cryptocurrency. This move comes amidst efforts by the apex bank…
India’s Central Bank Denies Setting Up Research Unit on Cryptocurrency, Blockchain, or AI
RBI, India’s central bank, has denied in its reply to an RTI query filed by an online news media, setting up of a research unit…
Indian Exchange Bitbns Offers Helping Hand to Former Zebpay Users
Bitbns is offering to help former Zebpay users a way to migrate their funds following the reported closure of the Indian crypto exchange last week.…
Bitcoin Situation in India Remains Unclear as Supreme Court Delays Verdict Again
India’s stance on cryptocurrencies remains unclear. A decision by the Supreme Court on the actions of the Reserve Bank of India was initially expected earlier…
SEBI Wants to Understand Cryptocurrencies Despite RBI’s Trading Ban
The future of cryptocurrency in India remains unclear. A final ruling by the Supreme Court will take place on September 11th. Despite mixed signals from…
Reserve Bank of India Reconsiders Its Ban on Bitcoin Trading
Indian government officials have traditionally taken a contrarian stance toward cryptocurrencies. Bitcoin is often scrutinized rather than appreciated. The Reserve Bank of India prohibited the…
