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PMC bank
Regulation News
PMC bank
Regulation News

Why Crypto: Scam-Hit PMC Bank Defrauds India’s Financial Regulator and Millions of Customers

Putting their trust in a centralised financial institution proven to be a costly affair for millions of consumers in India. Punjab and Maharashtra Cooperative (PMC) Bank, has barred consumers from accessing the funds in their accounts, thus throwing their lives into disarray. Not only that, it has managed to do this by throwing dust in

Putting their trust in a centralised financial institution proven to be a costly affair for millions of consumers in India. Punjab and Maharashtra Cooperative (PMC) Bank, has barred consumers from accessing the funds in their accounts, thus throwing their lives into disarray. Not only that, it has managed to do this by throwing dust in

RBI vs India – Latest Hearing Reveals Central Bank’s Ban on Crypto is Illegal
Regulation News
RBI vs India – Latest Hearing Reveals Central Bank’s Ban on Crypto is Illegal
Regulation News

RBI Vs Crypto – Counsel for RBI Strongly Defends Central Bank’s Crypto Ban

In yesterday’s hearing, the panel had discussed how RBI’s cryptocurrency ban is unjust and serves no clear purpose. Per live updates shared by Crypto Kanoon, an Indian crypto platform that provides information on the status of cryptocurrencies in the country, Justice Nariman has alleged that it is not the RBI’s case that exchanges be covered by

In yesterday’s hearing, the panel had discussed how RBI’s cryptocurrency ban is unjust and serves no clear purpose. Per live updates shared by Crypto Kanoon, an Indian crypto platform that provides information on the status of cryptocurrencies in the country, Justice Nariman has alleged that it is not the RBI’s case that exchanges be covered by

Regulation News
Regulation News

The Reserve Bank of India Denies Knowledge of Draft Bill on Cryptocurrency Ban

The Reserve Bank of India, India’s central banking authority, has denied any knowledge of the proposed ban on cryptocurrency by the Indian Government. Varun Sethi, an Indian lawyer, filed a Right to Information (RTI) request with the Reserve Bank of India regarding the ban. The Banks responded by denying any communication in regards to the

The Reserve Bank of India, India’s central banking authority, has denied any knowledge of the proposed ban on cryptocurrency by the Indian Government. Varun Sethi, an Indian lawyer, filed a Right to Information (RTI) request with the Reserve Bank of India regarding the ban. The Banks responded by denying any communication in regards to the