Latest News Of Reserve Bank of India Tag

Supreme Court delays hearing on India’s crypto ban

Business 17 October 2019

Supreme Court delays hearing on India’s crypto ban

The Supreme Court of India had been due to hear evidence on the decision from the Reserve Bank of India to ban cryptocurrency-related business, with a new date set for November 19.

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RBI building blockchain platform to fit bank needs

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.

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Yet another Indian crypto exchange shuts down amid banking ban

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.

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Reserve Bank of India denies involvement in plan to ban crypto

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.

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Reserve Bank of India urged to rethink crypto ban in 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.

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India bans ICOs and crypto startups from 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.

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Crypto platform Unocoin slashes staff as last-ditch funding talks fail

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.

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RBI bans cryptocurrencies –time for the industry to take a stand

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.

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Authorities in India continue their love/hate relationship with crypto

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.

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Government panel in favor of lifting India’s crypto ban

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.

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India could ban everything crypto

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.

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India shows cryptocurrency can’t be suppressed

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.

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