India Eyes State Digital Currency to Cut $90 Million Banknote Bill
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.
The Reserve Bank of India is setting up a regulatory sandbox for fintech startups – but crypto projects are excluded.
The Reserve Bank of India has denied officially forming a new unit to research AI and blockchain technology, despite reports to the contrary.
Facebook reportedly has not filed an application with the RBI, which seeks to ban cryptocurrencies.
Zebpay, once the largest crypto exchange in India, is halting its trading service at short notice, but stressed its wallet will stay functional.
The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency.