rbi

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RBI Governor Says Central Bank's Warnings Pushed People to Avoid Crypto: Report
The central bank has maintained banning cryptocurrency is the most suitable choice for India.
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RBI, Indian Banks to Pilot Blockchain Trade Financing: Report
HDFC Bank, ICICI Bank and State Bank of India are among those participating in the project designed to prevent loan fraud.
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The Curious Case of Coinbase's India Communications Strategy
Reverberations remain from the company's ill-fated Indian launch.
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After Armstrong Tweet, India's Crypto Policy Body Says No Contempt of Court Challenge vs. RBI
The Coinbase CEO last month suggested the RBI's "shadow ban" of crypto exchanges violated a Supreme Court ruling.
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Indian Central Bank Says Cryptos Could Lead to ‘Dollarization’ of Economy: Report
RBI officials said cryptocurrencies could undermine the central bank's capacity to regulate the flow of money.
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Some Indian Payment Processors Cut Off Local Crypto Exchanges
The moves follow a new tax on crypto profits and come as regulators pressure the payments companies, sources say.
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Coinbase's Trading Launch in India Hits Snag With Payments System
The entity that governs UPI, India's payment system, say it's "not aware" of any crypto exchange using the system.
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India’s Central Bank Creates Fintech Department That Will Address CBDC
The bank is working on a digital currency, and parliament is set to consider crypto regulations.
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Indian Central Bank May Pilot Test CBDC in 2022: Report
A digital currency is an offshoot of a legal tender issued by the central bank with potential wide use by households and businesses.
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Crypto Adoption Numbers in India Could Be ‘Exaggerated,’ Says RBI Governor
Shaktikanta Das said he is “not so sure about the numbers which being quoted.”
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