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RBI gets set to float it's digital currency -- check details here

​​​The Reserve Bank of India (RBI) has made no bones about it being averse to crypto currency, ever…

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2 mins read

RBI seeks a crypto ban but it needs global collaboration, says Nirmala Sitharaman

The Reserve Bank of India (RBI) has recommended the government to frame regulations for cryptocurre…

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10 countries that banned cryptos calling them threats, ponzi schemes & more

As per the Law Library of Congress, a global research directorate, eight jurisdictions had an absol…

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4 mins read

India ends Winter Session of Parliament with no crypto bill in sight

The Indian Parliament’s Winter Session has drawn to a close with no cryptocurrency bill making it t…

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2 mins read

RBI deputy governor makes a case for banning cryptocurrencies, says it can wreck the banking system

Making a strong case for banning cryptocurrencies, Reserve Bank Deputy Governor T Rabi Sankar on Mo…

PTI   


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Experts fear that a 'ban' on crypto in India will only drive investors to the grey market

With an estimated 15 to 20 million crypto investors in India, experts fear a ban on the industry wo…

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No crypto ban in India — SEBI will reportedly be pulled in to regulate the sector

The Indian government is not looking to ban cryptocurrencies, but to regulate them as ‘assets’. All…

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India should ban 'Ponzi' private cryptos or risk wrecking the country's financial system, a top RBI central banker has warned

Private cryptocurrencies are worse than a Ponzi scheme, and could wreck India's ability to control …

Hamza Fareed Malik   


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IDFC First Bank joins ICICI Bank, Yes Bank and others in stopping services to crypto companies, despite RBI's nudge to ignore its 2018 order

IDFC First Bank isn't the only one to keep its distance from the volatile markets. ICICI Bank,…

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2 mins read

India’s securities regulator says decentralised nature of cryptos makes them harder to regulate

SEBI said that the government could look into a special regulator for cryptocurrencies. SEBI hasn’t…

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Taxing cryptocurrencies does not give them legal status, clarifies India’s finance minister

India’s Finance Minister Nirmala Sitharaman clarified in Parliament that taxing cryptocurrencies do…

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1 min read

India's central bank is urging lenders to cut ties with cryptocurrency exchanges and traders, report says

"No one wants to go against the regulator," a source told Reuters about India's central bank asking…

Carla Mozée   


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Kazakhstan's new rules require crypto miners to make disclosures before starting operations

They will also be required to submit technical specifications of how they connect to the power…

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Coinbase CEO blames India’s central bank for halting trading operations

Coinbase started offering trading operations in India on April 7 but withdrew the same by April 10.…

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India’s Finance Minister Nirmala Sitharaman says she expects the central bank to roll out the country’s digital currency this year

The Indian government expects the Reserve Bank of India (RBI) to roll out its digital currency this…

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RBI reiterates its 2018 cryptocurrency circular not valid – crypto wallet deposits could resume soon

The Reserve Bank of India (RBI) has issued a circular to banks and other regulated entities clarify…

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4 mins read

Raghuram Rajan believes only a handful of cryptocurrencies will survive the hype — over 400 tokens have hit the dust in the last six months

The former governor of the Reserve Bank of India (RBI), Raghuram Rajan, believes that only a handfu…

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European Union votes against banning Bitcoin-like cryptos that use proof-of-work method

A proposal to ban mining and transactions of energy-intensive cryptocurrencies like Bitcoin, Ethere…

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4 mins read

The lawyer behind getting India’s 2018 crypto ban quashed hasn’t ruled out going to court again

The industry as a whole is hoping that the government will find the right balance so as to not r…

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3 mins read

It would be nearly impossible for India to ban cryptocurrencies — here’s why

Jaideep Reddy, a technology lawyer with Nishith Desai Associates (NDA), told Business Insider that …