RBI

Scrabble letters spelling ETF arranged a rack
Indian Crypto Investment Platform Mudrex to Offer U.S. Bitcoin ETFs to Indian Investors
Mudrex is a Y-Combinator-backed, California-headquartered entity with a subsidiary registered with the Intelligence Unit of India.
Scrabble letters spelling ETF arranged a rack

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
India CBDC Insider Reveals Current Stance of Country's Central Bank
India’s central bank is weighing CBDC privacy technology and crypto tax is not part of its domain, a senior official told CoinDesk.
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
Expectations were low for a change in the stiff taxes on crypto transactions: a 30% tax on profits and a 1% TDS on all transactions.
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Indian Finance Minister Nirmala Sitharaman (right) ahead of India’s G20 Presidency with U.S. Treasury Secretary Janet Yellen. (Indian Finance Ministry)
G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency
G20 nations, supported by the FSB and IMF under India’s presidency, are set to bring into implementation perhaps the first global crypto regulations ahead of the Leaders’ Summ...
Indian Finance Minister Nirmala Sitharaman (right) ahead of India’s G20 Presidency with U.S. Treasury Secretary Janet Yellen. (Indian Finance Ministry)

Reserve Bank of India (Shutterstock)
Stablecoins Pose 'Existential Threat' to Policy Sovereignty, Says India Central Bank Official: Report
"If large stablecoins are linked to some other currency, there is a risk of dollarization," RBI Deputy Governor Rabi Sankar has said.
Reserve Bank of India (Shutterstock)

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
India's RBI Intends to Push G-20 to Focus on Crypto's Macro Risks
The move is seen as a step to attract attention towards how crypto can hurt or change the global economy rather than just nations and customers individually, government source...
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Shaktikanta Das, RBI Governor, and Nirmala Sitharaman, Indian Finance Minister (Indian Ministry of Finance)
India Targeting One Million CBDC Users in Three Months, Prioritizing Offline Transfers: Sources
Around 100,000 users have participated in the country's central bank digital currency pilot since it kicked off in December.
Shaktikanta Das, RBI Governor, and Nirmala Sitharaman, Indian Finance Minister (Indian Ministry of Finance)

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister (Indian Ministry of Finance)
India’s Central Bank Seeking Privacy Legislation for Retail CBDC Users
The RBI is seeking a provision that would allow customers to delete transactions to maintain anonymity if they so choose to.
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister (Indian Ministry of Finance)

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
Unpacking India's CBDC Pilots as Country Prepares for Digital Rupee
India launched two CBDC pilots last year, a wholesale CBDC and a retail CBDC.
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Reserve Bank of India building (Shutterstock)
Next Financial Crisis Will Be From Crypto if It's Not Banned: Indian Central Bank Governor
India currently holds the presidency of the G-20, giving the nation powers to determine the agenda around discussions regarding global crypto rule-making.
Reserve Bank of India building (Shutterstock)