Indian Crypto Exchange Adds Bank Transfers Hours After RBI Ban Lifted
Mumbai-based CoinDCX became the first platform in India to fully integrate bank account transfers.
Talk that India might be considering a new ban on crypto may be premature, said exchange founders and startup CEOs working in the sector.
India's commercial banks can indeed provide banking services to traders and firms dealing in cryptocurrencies, the RBI has clarified.
A CBDC could promote financial inclusion but also poses a risk of harming the banking system, the RBI said in a report.
Tim Draper plans to back local startups now the Indian supreme court has overturned a ban on financial services for crypto companies.
The Reserve Bank of India reportedly plans to return to the supreme court to ask for a review of a ruling that overturned its ban on banking access for crypto firms.