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Reserve Bank of India

Instability, high remittance fees drive India digital currency adoption
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30 May, 2020

Instability, high remittance fees drive India digital currency adoption

The instability of the rupee combined with high remittance fees is driving digital currency adoption in India.
Reserve Bank of India green-lights banking for digital currency businesses
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29 May, 2020

Reserve Bank of India green-lights banking for digital currency businesses

India’s central bank has addressed the current ban on banks servicing the sector, noting that “no such prohibition exists.”
Indian woman arrested for stealing 64 BTC from a company she cofounded
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23 March, 2020

Indian woman arrested for stealing 64 BTC from a company she cofounded

An Indian woman has been arrested after she stole 63.5 BTC from a company she cofounded. The culprit left the...
Indian Parliament probing suspect ‘Bitcoin businesses’
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21 March, 2020

Indian Parliament probing suspect ‘Bitcoin businesses’

An investigation into dubious digital currency businesses in India is underway.
Crypto rupee forms part of India’s blockchain strategy
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1 February, 2020

Crypto rupee forms part of India’s blockchain strategy

India wants to become a global leader in blockchain adoption by 2025, and one of its key targets is a...
Reserve Bank of India: Cryptocurrency is not banned
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23 January, 2020

Reserve Bank of India: Cryptocurrency is not banned

The central bank said that it was not correct to say cryptocurrency is banned in India.
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