Zebpay shuts down fiat services as India’s crypto ban looms
Indian cryptocurrency exchange Zebpay has halted deposits and withdrawals in Indian rupees, ahead of the pending ban on cryptocurrency businesses that came into force on Thursday.
Latest Reserve Bank of India News
India’s high court refuses to suspend RBI’s crypto banking ban
Banks will be banned from engaging in cryptocurrency-related companies starting July 5, 15 days before the Supreme Court hearing on whether the ban is unconstitutional.
India’s Belfrics exchange restarts trading amid RBI crypto ban
Belfrics has also added four more cryptocurrencies—Bitcoin Cash, Ether, Ripple and Litecoin—to its platform.
Reserve Bank of India admits to banning crypto sans research
The Reserve Bank of India admitted it issued a ban against cryptocurrencies without fully understanding the industry.
India eyes 18% tax on cryptocurrency trading: report
An 18% tax is being examined on all cryptocurrency trading by India's Central Board of Indirect Taxes and Customs, according to reports.
CoinRecoil suit against RBI goes before the Supreme Court
The Supreme Court issued an order that moves all pending petitions linked to the CoinRecoil’s suit against the Reserve Bank of India to the top court.
Court junks RBI injunction over crypto exchange ban
At least 11 cryptocurrency exchanges in India had requested an injunction against the Reserve Bank of India, but that has now been denied by the country’s Supreme Court.
Flintstone Tech joins fight against India central bank’s crypto ban
Flintstone Technologies Pvt. Ltd. has petitioned the courts to reverse the Reserve Bank of India’s bank on banks working with cryptocurrency exchanges. The Delhi High Court will hear the case on May 24.
Delhi High Court responds to CoinRecoil petition
The high court is giving just cause to the cryptocurrency fight in India, issuing a writ against the Reserve Bank of India, the Ministry of Finance, and the Goods and Services Tax Council in response to CoinRecoil’s petition.
CoinRecoil director hopeful for ‘positive outcome’ in India’s reassessment of cryptocurrencies
CoinRecoil explains its stance in the fight for cryptocurrency freedom in India.
India regulators nix crypto transactions in banks
Central bank-backed financial institutions in India are no longer permitted to allow their customers to purchase cryptocurrency through their accounts.
India’s taxman cracks down on domestic cryptocurrency exchanges
Tax authorities in India have started knocking on the doors of local domestic exchanges.