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Indian Central Bank Governor Voices Concern Over Cryptocurrencies

Prashant Jha February 24, 2021

The Governor of the Reserve Bank of India (RBI), the Indian Central Bank today voiced his concerns over the use of cryptocurrencies suggesting it might have a devastating impact on the economy of the country. Shaktikanta Das, the governor of RBI made these comments during an interview with a local media house said that India

The Governor of the Reserve Bank of India (RBI), the Indian Central Bank today voiced his concerns over the use of cryptocurrencies suggesting it might have a devastating impact on the economy of the country. Shaktikanta Das, the governor of RBI made these comments during an interview with a local media house said that India

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RBI Deputy Governor Says Indian Central Bank To Reveal Its CBDC Decision Soon

Bhushan Akolkar February 5, 2021

Amid all the frenzy currently going around India’s crypto ban, we have a fresh update from the deputy governor of the Indian central bank. B.P. Kanungo, the deputy governor of the Reserve Bank of India said that the central bank is closely following the development model for the central bank digital currency (CBDC). The RBI

Amid all the frenzy currently going around India’s crypto ban, we have a fresh update from the deputy governor of the Indian central bank. B.P. Kanungo, the deputy governor of the Reserve Bank of India said that the central bank is closely following the development model for the central bank digital currency (CBDC). The RBI

bitcoin india crypto ban
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bitcoin india crypto ban
Regulation News

India Negative on Crypto Ban, while it’s Payments Bank Industry Reports Losses

Nivesh Rustgi January 22, 2020

In two surprising announcements yesterday, the Reserve Bank of India (RBI) not only reported a failure of another payment bank, but also clarified it’s stance on crypto. While Vodafone’s M-pesa is huge success in Africa, it fails to gather any momentum in India. Hence, the company decided to surrender it’s PPI license. In a consecutive

In two surprising announcements yesterday, the Reserve Bank of India (RBI) not only reported a failure of another payment bank, but also clarified it’s stance on crypto. While Vodafone’s M-pesa is huge success in Africa, it fails to gather any momentum in India. Hence, the company decided to surrender it’s PPI license. In a consecutive

Regulation News
Regulation News

Crypto Vs RBI: Indian Crypto Matter Adjourns Till July; Why Delayed at Government’s Counsel?

Tabassum March 29, 2019

When many Indians were excited about today’s hearing (March 29) and hoping to receive positive crypto revolution, the Supreme Court’s decision shattered their hopes within minutes. Indian crypto matter was set to receive court’s hearing on March 29, after it postponed from March 25 and the court in no time adjourned the case to next

When many Indians were excited about today’s hearing (March 29) and hoping to receive positive crypto revolution, the Supreme Court’s decision shattered their hopes within minutes. Indian crypto matter was set to receive court’s hearing on March 29, after it postponed from March 25 and the court in no time adjourned the case to next

Supreme Court
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Supreme Court
Regulation News

The Great Indian Crypto Drama: Apex Court Pushes Hearing to Q1 FY19

Nilesh Maurya November 23, 2018

While the world is progressing ahead with cryptocurrencies in terms of regulations, products, and adoption, Indian regulatory bodies and the apex court have just been pushing the hearing date for the case related to Indian Central Bank’s Fiat ban for crypto businesses of making the business environment vulnerable for Indian crypto businesses. Crypto businesses taking

While the world is progressing ahead with cryptocurrencies in terms of regulations, products, and adoption, Indian regulatory bodies and the apex court have just been pushing the hearing date for the case related to Indian Central Bank’s Fiat ban for crypto businesses of making the business environment vulnerable for Indian crypto businesses. Crypto businesses taking

RBI
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RBI
Regulation News

Indian Ministry of Finance Keeping a Close Watch on Crypto Sector Development

Sagar Saxena October 31, 2018

India’s Ministry of Finance recently published a press release where it talks about the 19th Meeting of the Financial Stability and Development Council (FSDC) attended by the prominent ministry members that deliberated on the crypto development, ban on crypto use among other finance related topics. Deliberation on issues and challenges of Crypto Assets/Currency In the

India’s Ministry of Finance recently published a press release where it talks about the 19th Meeting of the Financial Stability and Development Council (FSDC) attended by the prominent ministry members that deliberated on the crypto development, ban on crypto use among other finance related topics. Deliberation on issues and challenges of Crypto Assets/Currency In the