Tag: crypto regulation india

Mar 31 2022

Just-In: IMF Warns India Against Crypto Adoption

The International Monetary Fund (IMF) recently flagged several risks over allowing the use of cryptocurrencies as legal tender. The fund is currently helping India draft a comprehensive crypto policy. India is set...

Dec 29 2021

Breaking: Indian security regulator warns mutual funds against investing in crypto

Dec 29 2021 Published at Coingape under tags  altcoin news bitcoin news btcbrl btcbusd btcdai

India's chief security regulator the Securities and Exchange Board of India (SEBI) warned mutual funds against investing in crypto assets until clear regulations come out. In a press conference, the chairman of the SEBI group Ajay Tyagi addressed the issue and said it won't be an ideal situation for mutual funds to invest public money The post Breaking: Indian security regulator warns mutual...

Dec 28 2021

RBI softens stance on crypto, to offer basic model of CBDC

India may have been battling with uncertainties especially concerning its crypto regulations, however, its central bank, the Reserve Bank of India (RBI), has now shown interest in offering basic models of a central bank- issued...

Dec 10 2021

Crypto India: PM Modi Reportedly Held High-Level Meeting About Crypto Regulations

Dec 10 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

The latest update in the ongoing debate around crypto regulations in India, saw the authorities assemble this Thursday, for a high-level meeting, to discuss manifold regulatory options, weighed together with their...

May 31 2021

Just-In: RBI Clarifies Banks Can’t Use 2018 Circular to Deny Customer Transactions

Reserve Bank of India (RBI), the Indian central bank today issued a clarification about recent reports of certain banks using its 2018 circular to caution...

Jan 25 2021

Indian Central Bank RBI is Reportedly Exploring the Need of Cryptocurrency in Payment Sector

Reserve Bank of India (RBI), the Indian central bank is reportedly looking at the use cases of cryptocurrencies in the growing payment sector as per a report in the Economic Times. The central bank in its report said, "Private digital currencies (PDCs) / virtual currencies (VCs) / cryptocurrencies (CCs) have gained popularity in recent years. The post Indian Central Bank RBI is Reportedly...

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