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 ...

While India's early efforts are modest compared with those of China, where more than 200 million people use the e-yuan, the world's most po...

India is piloting its digital rupee, the e-rupee, for welfare payments. This initiative aims to improve efficiency and reduce corruption in...

Happy Tuesday! The tech sector is seeing a slowdown in hiring driven by internal cost controls. This and more in today's ETtech Morning Dis...

Indian fans are turning to US platforms like Polymarket and Kalshi for IPL betting. These sites allow wagers on match winners and player st...

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...

The RBI has formed a panel which will submit a report by June on the desirability and feasibility of introducing a virtual currency backed ...

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...