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Reserve Bank of India

India taking first steps towards a digital rupee to fight ‘private’ virtual currencies
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26 July, 2021

India taking first steps towards a digital rupee to fight ‘private’ virtual currencies

Rabi Sankar, deputy governor at the Reserve Bank of India, noted the need for India to keep pace with other...
India lawmakers to review bill banning digital currency
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21 June, 2021

India lawmakers to review bill banning digital currency

The Cryptocurrency and Regulation of Official Digital Currency Bill was brought before parliament in early 2021, but the government failed...
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...
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...
India’s Reserve Bank concerned digital currencies will impact financial stability
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27 February, 2021

India’s Reserve Bank concerned digital currencies will impact financial stability

Reserve Bank of India Governor Shaktikanta Das said the central bank has “major concerns” regarding digital currencies.
India to explore blockchain, Bitcoin still not legal tender: finance minister
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5 February, 2021

India to explore blockchain, Bitcoin still not legal tender: finance minister

Minister Anurag Singh Thakur recently clarified the government’s position on blockchain technology, the development of a digital rupee and the...
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