Browsing the "RBI" Tag

India’s Central Bank Denies ‘Formal Creation’ of Blockchain Unit

| Aditi Hudli

The Reserve Bank of India has denied officially forming a new unit to research AI and blockchain technology, despite reports to the contrary.

Indian Crypto Exchange Zebpay Halts Trading Over Banking Ban

| Wolfie Zhao

Zebpay, once the largest crypto exchange in India, is halting its trading service at short notice, but stressed its wallet will stay functional.

Indian Central Bank Argues Cryptos ‘Not Valid’ as Currency in Court Battle

| Daniel Palmer

The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency.

India Eyes State Digital Currency to Cut $90 Million Banknote Bill

| Wolfie Zhao

The Reserve Bank of India is mulling a central bank digital currency as a means to reduce the country's huge spend on minting physical cash.

Crypto Exchanges Are Already Adapting to India’s Bank Account Ban

| Wolfie Zhao

As the Indian Supreme Court declined to end the Reserve Bank of India's crypto curb, exchanges in India are taking different actions.

Crypto Startup Files Petition Against India’s Central Bank Ban

| Annaliese Milano

An Indian startup is taking the country's central bank to court over its decision to bar banks from dealing with crypto businesses.

India’s Exchanges Want to Challenge Central Bank’s Crypto Crackdown

| Nikhilesh De

India's cryptocurrency exchanges plan to fight back against the Reserve Bank's decision to cut them off from financial services.

RBI Bars Banks From Doing Business With Crypto Firms

| Annaliese Milano

The Reserve Bank of India announced today that the entities it regulates will be banned from dealing with cryptocurrency.

As India Goes Cashless, its Central Bank Researches Blockchain

| Stan Higgins

Following an increase in domestic bitcoin interest, a research center backed by India's central bank is now researching blockchain.

India flag cash composite

India’s Central Bank Could One Day Use Digital Currency, Chief Says

| Nermin Hajdarbegovic

Reserve Bank of India governor Raghuram Rajan spoke out on bitcoin at a televised event late last week.