India

India’s central bank sets up fintech department to oversee CBDC development
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13 January, 2022

India’s central bank sets up fintech department to oversee CBDC development

The department will promote innovation and aid policy interventions by the central bank while also overseeing the advancement of a...
Binance booted out of Ontario while India subsidiary busted over alleged tax evasion
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6 January, 2022

Binance booted out of Ontario while India subsidiary busted over alleged tax evasion

In Canada, the Ontario securities regulator announced that Binance wasn’t authorized to offer services in the province; meanwhile in India,...
India should go for basic version of its CBDC for now, central bank says
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3 January, 2022

India should go for basic version of its CBDC for now, central bank says

A basic form of a digital rupee would provide a safe, robust, and convenient alternative to cash in liquidity and...
Nationalist organization in India calls for Bitcoin ban as gov’t further delays regulation
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31 December, 2021

Nationalist organization in India calls for Bitcoin ban as gov’t further delays regulation

The Swadeshi Jagran Manch says Bitcoin must be banned or it could pose great danger to the financial market, but...
Indian parliament delays digital currency bill yet again
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22 December, 2021

Indian parliament delays digital currency bill yet again

The Lok Sabha left out a bill that could have imposed a blanket ban on “private cryptocurrencies” for its winter...
India releases National Blockchain Strategy focusing on e-governance
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10 December, 2021

India releases National Blockchain Strategy focusing on e-governance

The Ministry of Electronics and Information Technology has identified 44 key areas it wants to impact through blockchain, with e-governance...
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