Tag: rbi

Jul 22 2021

Jun 03 2021

Crypto India: HDFC Withdraws its Early Warning Against Crypto Transactions

Jun 03 2021 Published at Coingape under tags  crypto ban india crypto warning hdfc news rbi

HDFC Bank in India today sent out an email to its customers whom it has warned against crypto transactions, to ignore its early warnings. The...

Jun 01 2021

Reserve Bank of India (RBI) Says Crypto Businesses OK for Indian Banks

Jun 01 2021 Published at Blockonomi under tags  india rbi regulation

A new official notice published by the Reserve Bank of India (RBI) has positively impacted crypto enthusiasts in India as the central bank pointed out that a previous circular preventing banks from making business with crypto industries is no longer valid. The notice was addressed to all commercials and cooperative banks, payment banks, small finance [...] The post Reserve Bank of India (RBI)...

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...

Indian Banks are Reportedly Using RBI’s Quashed Circular From 2018 to Warn Users Against Crypto

May 31 2021 Published at Coingape under tags  banking ban india indian banks news rbi

Indian banks are reportedly citing the 2018 circular issued by the Reserve Bank of India(RBI), the Indian Central Bank, to caution...

May 30 2021

Indian Banks Send Advisory to Customers to Follow RBI guidelines and Refrain from Crypto Transactions

Although crypto trading isn't illegal in India, big banking institutions in the country are sending their customers advisories to refrain from indulging in crypto transactions. As reported by a local news publication The Hindu,...

Mar 25 2021

Indian Corporates Will Now Have To Disclose Their Crypto Holdings To the Government

In the latest developments within the Indian cryptosphere, it turns out that Indian corporates might have to report their cryptocurrency holdings to the government. India's blockchain lawyer Varun recently shared a draft image, the access to...

Feb 24 2021

Indian Central Bank Chief Raises Alarm on Cryptocurrencies

The regulator shared its “major concerns” about cryptocurrencies with the government.

Indian Central Bank Governor Voices Concern Over Cryptocurrencies

Feb 24 2021 Published at Coingape under tags  india indian crypto news rbi regulation news

The Governor of the Reserve Bank of India (RBI), the Indian Central Bank today...

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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