RBI
Apparently India is willing to legalize cryptocurrency
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As per the recent report, a new committee formed by the indian government might support legalizing the cryptocurrency. However, this would involve stringent regulations to be followed. Its well-know fact Indian crypto community is going through various challenge due to complete ban declared by RBI earlier this year. Ever since
Indian Supreme Court to decide Final Fate of Crypto Industry Today
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Undoubtedly, the Indian crypto industry’s has undergone a lot of up’s and downs in recent months. The burgeoning issue between RBI and crypto exchanges on the crypto ban will be final heard Today. As per reports, the final verdict which was supposed to be called for
Reserve Bank of India Forms Research Team to Study Cryptocurrency
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The Reserve Bank of India (RBI) has known to ban Cryptocurrency trading accounts in India. But Recently it has formed a Research team to study technologies like Blockchain, Cryptocurrency, and AI. According to EconomicTimes, this behavior is due to the emerging market in cryptocurrency and blockchain technology. The research team
Regulation on Cryptocurrency Enacted to Avoid Illegal Transactions - RBI
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The Reserve Bank of India (RBI) has completely withdrawn the banking facilities to the cryptocurrency exchanges. As a result, most of the cryptocurrency exchanges are not able to operate in the country. Recently, the reserve bank of India told the Supreme Court that they are regulating the cryptocurrency markets to
Indian Crypto Exchange Arrives with P2P Solution to Bypass RBI Ban
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Coindelta is one of the largest crypto exchanges in India. Due to the recent ban by the Reserve Bank of India, the company has come up with a solution to bypass the ban and trade cryptocurrencies. According to MoneyControl, Coindelta is launching a Peer to Peer platform called ‘Flux&
Indian Crypto investors got an alternate option to dodge RBI's ban
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In an interesting turn, crypto traders in India have got an option to continue with cryptocurrency investment even after the ban imposed by the RBI. Recently we heard of Reserve Bank of India(RBI) prohibiting banks from providing any accounts to crypto investors. Furthermore, investors also approached the government for
Central Bank of India proposes to launch its own digital currency
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In a recent report, the Central Bank of India(known as RBI) has proposed to issue its own Cryptocurrency. The announcement was made during Monetary Policy Committee meeting on Thursday wherein RBI showed interest in launching its digital currency which can be used as a physical currency. In the view
