Latest News Of Reserve Bank of India Tag
Business 1 July 2019
RBI building blockchain platform to fit bank needs
India’s reserve bank will work with the IDRBT to develop a blockchain to help Indian banks.
Business 28 June 2019
Yet another Indian crypto exchange shuts down amid banking ban
Koinex is bowing out over the regulatory uncertainty around the Reserve Bank of India’s (RBI) policy.
Business 6 June 2019
Reserve Bank of India denies involvement in plan to ban crypto
The Reserve Bank of India (RBI) has attempted to thwart the advance of cryptocurrencies. It even lobbied against regulatory procedures and blocked banks from joining a proposed regulatory sandbox.
Business 17 May 2019
Reserve Bank of India urged to rethink crypto ban in regulatory sandbox
Lobby groups are urging the Reserve Bank of India to reconsider its ban on cryptocurrency-related products from joining the proposed regulatory sandbox.
Business 23 April 2019
India bans ICOs and crypto startups from regulatory sandbox
While India will accept applications from startups applying blockchain technology, crypto startups will not be allowed to participate in its sandbox.
Business 17 April 2019
Crypto platform Unocoin slashes staff as last-ditch funding talks fail
Half of cryptocurrency startup Unocoin’s remaining staff have been laid off in a desperate bid to conserve cash, down from over 100 staff at its peak in February 2018.
Press Releases 22 January 2019
RBI bans cryptocurrencies –time for the industry to take a stand
In the past 12 months, global Government attitudes to cryptocurrency have begun to diverge significantly. This was highlighted recently India's Central Bank informing all Indian banks that they are prohibited from providing services to cryptocurrency businesses.
Business 2 January 2019
Authorities in India continue their love/hate relationship with crypto
India seems to have a hard time making up its mind on whether or not digital currencies are good or bad.
Business 27 December 2018
Government panel in favor of lifting India’s crypto ban
The Indian government committee studying cryptocurrencies is likely to push for their legalization in its report to the Finance ministry.
Business 1 November 2018
India could ban everything crypto
It seems that cryptocurrency in India would have a slim chance of getting the green light following reports that the government is considering making it illegal to use cryptocurrencies completely.
Business 22 October 2018
India shows cryptocurrency can’t be suppressed
Despite the Reserve Bank of India's attempts to keep cryptocurrency from taking a hold in the country, the sector is still moving forward, demonstrating the power crypto has and how it cannot be eliminated.
Business 18 October 2018
First crypto ATM appears in India despite central bank clampdown
India had its first crypto ATM installed in Bengaluru's Kemp Fort Mall. The crypto teller machine was launched by cryptocurrency exchange, Unocoin, for the exclusive use of its customers.