Latest News Of Reserve Bank of India Tag
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.
Business 2 October 2018
Reserve Bank of India refutes claims of crypto, blockchain probe
The Reserve Bank of India (RBI) has rejected the claims it has formed a crypto-focused unit.
Business 1 October 2018
Zebpay trading shuts down amid regulatory pressure in India
Zebpay has ceased all digital currency-related trading on its platform, effective Sept. 28. The exchange cited the “extremely difficult” conditions that crypto-related businesses had to operate in recently as the reason behind
Business 24 September 2018
RBI wants India’s Supreme Court to butt out of its business
Cryptocurrency enthusiasts and entrepreneurs in India anxiously waited to see how the country’s Supreme Court would rule regarding the banking ban that was put into place by the Reserve Bank of India (RBI).
Business 18 September 2018
India’s crypto firms declare return of fiat support despite RBI ban
After several months fighting with banking institutions in the country, more cryptocurrency exchanges in India are reporting that banks are now allowing them to set up accounts and deposit and withdrawal fiat.
Business 14 September 2018
India’s central bank: Legal system can’t recognize cryptocurrency
The Reserve Bank of India has told the Supreme Court that cryptocurrencies cannot be recognized due to the country’s existing legal framework.
Tech 28 August 2018
India’s central bank forms crypto, blockchain research division
While not wanting to make a huge deal out of it, India’s central bank, the Reserve Bank of India (RBI), has quietly been working behind the scenes on the possible expansion of the world’s future currency.