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RBI CRYPTOCURRENCY REGULATION
Parliamentary panel expresses concern over investments in cryptocurrenciesA parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...
Curb your overenthusiasm: Why India must avoid early overregulation while drafting rules for new techIndia faces a critical choice in regulating new industries like AI and genomics. Overly cautious, ex-ante regulations, similar to the histo...
HDFC Bank alerts clients on card swipe for overseas dealsIn recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...
India's tech hiring chills; Polymarket's IPL betHappy Tuesday! The tech sector is seeing a slowdown in hiring driven by internal cost controls. This and more in today's ETtech Morning Dis...
US prediction market players make a play for Indian IPL fansIndian fans are turning to US platforms like Polymarket and Kalshi for IPL betting. These sites allow wagers on match winners and player st...
Sebi suggests local regulators oversee crypto tradingBoth sets of documents, which have been seen by Reuters, have been submitted to a government panel which is tasked with formulating policy ...
Next financial crisis will come from private cryptocurrencies: RBI Governor Shaktikanta DasThe next financial crisis will occur due to private cryptocurrencies, said Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesda...
Unfolding global developments pose downside risks for Indian economy, RBI saysThe Reserve Bank of India in its March 2022 Bulletin has said that the ongoing geopolitical crisis, i.e, the Russia-Ukraine war, has height...
Full ban or limited nod? India confronts a cryptocurrency Catch-22Several finance ministry officials, the RBI, tax departments and investigating agencies including the Financial Intelligence Unit (FIU) hav...
RBI-backed CBDC likely to feature in crypto bill: officialTerming the Centre’s bill as a response to the central bank’s concerns about macro-economic stability, the official said the “government’s ...
Govt plans bill to ban private cryptocurrency, allow RBI digital coinThe bill is listed among 26 items of legislation for consideration in the winter session of parliament, according to a bulletin issued by t...
Indian Prime Minister Modi says cryptocurrencies should not fall into the wrong hands
This ain’t cryptic: Why India needs to clear the haze around cryptocurrencyIn India, the cryptocurrency ecosystem has been in constant flux. Since 2013, RBI has been warning of the potential risks of crypto use. In...
Govt should allow cryptocurrencies, says former finance secretary S C Garg"I don't think we still have full clarity and understanding about how to regulate cryptocurrencies...Regulate, control cryptocurrencies but...
Banned cryptocurrency to uphold integrity of banking system: RBIThe central bank, through senior advocate Shyam Divan, argued that though there was no formal ban on cryptocurrencies under any law in exis...
RBI says crypto not banned, but don’t bank on itThe central bank said this in a response to a petition filed by the Internet and Mobile Association of India (IAMAI), which wanted it to re...
SC commence hearing on pleas against RBI circular banning cryptocurrencyThe RBI had on April 6, 2018 last year had said that it had repeatedly cautioned users, holders and traders of virtual currencies.
Supreme Court seeks centre’s view on cryptocurrency within 2 weeksThe RBI order had virtually stopped all trade and exchange of bitcoins even though there is no official ban on it, said Nakul Dewan, counse...
Bitcoin traders move SC, say nothing illegal about crypto cashPlea says RBI blocking essential services as virtual currencies not banned in the country
Your bank will not allow you to buy bitcoins anymoreRBI has announced that any entity regulated by them shall not deal with or provide services to anyone for buying or selling of cryptocurren...