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India

Digital currencies not banned in India: central bank
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4 June, 2021

Digital currencies not banned in India: central bank

The Reserve Bank of India recently clarified that digital currencies aren’t banned in India, which means that banks must refrain...
India considers new committee on digital currency regulation
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24 May, 2021

India considers new committee on digital currency regulation

The government is reportedly in the early stages of establishing a panel of experts to review the matter, though has...
Reserve Bank of India warns banks to cut all ties with digital currency exchanges
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18 May, 2021

Reserve Bank of India warns banks to cut all ties with digital currency exchanges

According to sources in India, the apex bank is warning commercial banks against servicing digital currency-related businesses, including exchanges and...
Indian finance minister says digital currency bill will protect investors
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18 April, 2021

Indian finance minister says digital currency bill will protect investors

Indian Minister Anurag Thakur said the government would put investors at the forefront of their legislative effort, though it remains...
India to require companies to disclose digital currency holdings
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30 March, 2021

India to require companies to disclose digital currency holdings

Officials at the Ministry of Corporate Affairs processed an amendment to Schedule III of the Companies Act, 2013, requiring companies...
India to revive its proposal to ban Bitcoin, with fines for users: report
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17 March, 2021

India to revive its proposal to ban Bitcoin, with fines for users: report

Once it is passed by parliament, the bill will give residents a six-month grace period to liquidate all their digital...
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