Bengaluru's Enforcement Directorate has raided six locations over alleged illegal cross-border money transfers exceeding Rs 2,500 crore usi...

The Enforcement Directorate has initiated a FEMA probe into five companies located in Bengaluru for their alleged involvement in unauthoriz...

Amidst the alarming increase in cyber scams, the Hyderabad Police have initiated Operation Octopus, a mission aimed at dismantling the enti...

A parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...

In multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...

India faces a critical choice in regulating new industries like AI and genomics. Overly cautious, ex-ante regulations, similar to the histo...

In recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...

In an interview with ETMarkets.com, former RBI Governor Dr D Subbarao said RBI’s concerns over cryptocurrencies like Bitcoin are three-fold.

The tax department favours taxing cryptocurrency exchange and trades in the country. But, it doesn't mean that they would be categorised as...

Underlining that both the government and the RBI are "committed to financial stability", RBI Governor Shaktikanta Das had said there are no...

In the last month or so, some of the banks have stopped providing services to the exchanges, which has led to a major disruption. The excha...

RBI is worried that the order could pave way for trade in virtual currencies, putting the banking system at risk.

The RBI had on April 6, 2018 last year had said that it had repeatedly cautioned users, holders and traders of virtual currencies.

It is not just the apex bank that has clamped down on virtual currencies, the government, too, has issued stern warnings.

The RBI order had virtually stopped all trade and exchange of bitcoins even though there is no official ban on it, said Nakul Dewan, counse...

Cryptocurrencies like bitcoin use cryptography to secure transactions.

Despite RBI's caution on virtual currencies, a domestic Bitcoin exchange said it was adding over 2,500 users a day and had reached five lak...