
Reserve Bank of India
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
Minister Anurag Singh Thakur recently clarified the government’s position on blockchain technology, the development of a digital rupee and the...
India proposes banning Bitcoin and developing a digital rupee
India’s digital currency industry faces an uncertain future, with a proposed draft bill threatening to impose a blanket ban on...
India’s central bank exploring the need for digital currency
In a recent outlook on payments in the digital era, the bank justified its earlier apprehension, but revealed that it’s...
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
India’s central bank has addressed the current ban on banks servicing the sector, noting that “no such prohibition exists.”