reserve bank-of-india

Policy

India to Ban Crypto as Payment Method but Regulate as Asset: Report
The Modi government will also ban active solicitation from crypto firms, such as ads.
Nov 17, 2021

Policy

Indian Central Bank Governor Says Blockchain Technology Can Thrive Without Cryptocurrencies
There are far deeper issues involved with cryptocurrencies, RBI’s Shaktikanta Das said.
Nov 17, 2021

Business

India Could Launch CBDC Trials Later This Year, According to Central Bank Governor: Report
Deputy Governor T. Rabi Sankar said the central bank is studying matters related to security and the broader impact a CBDC would have on monetary policy.
Aug 27, 2021

Markets

India's Central Bank Considering Pilot Programs for CBDC: Report
Deputy Governor T. Rabi Sankar said a CBDC would reduce the use of cash and protect citizens from the volatility of cryptocurrencies.
Jul 22, 2021

Markets

RBI Says Banks Can't Quote 2018 Circular to Restrict Crypto Transactions
RBI's circular comes as Indian banks warn customers against using their services for crypto trading.
May 31, 2021

Policy

India’s Central Bank Chief Airs ‘Major Concerns’ About Crypto Risks
Reserve Bank of India Governor Shaktikanta Das said he expects the government to "take a call" on cryptocurrencies.
Feb 24, 2021

Policy

State of Crypto: India and Nigeria's Crypto Crackdowns Continue Old Trends
Both nations hope to prevent banks from providing services to crypto companies.
Feb 9, 2021

Policy

The Big Thing Holding Back India's Crypto Boom
India's crypto industry shows potential, but it continues to be held back by a lack of regulatory clarity, particularly around exchange-banking relationships.
Jun 22, 2020

Policy

The Dangerous Truth About India's Cryptocurrency Verdict
An only-partial court victory and the possibility of legislation banning crypto mean the industry’s legal status in India remains vulnerable.
Mar 7, 2020

Tech

India's Supreme Court Ruling Is a Win for the Whole Blockchain Industry
With India's Supreme Court overturning a ban on cryptocurrencies, the blockchain industry has a large new resource of customers and developers.
Mar 4, 2020