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CRYPTOCURRENCY AND RUPEE
Grey zone in Indian payment laws: Crypto goes shopping in rupee using QR-linked loopholeUnified payments interface is now being used for buying cryptocurrencies through applications like goat.cash. Consumers can conveniently co...- Crypto cards enter RBI's radar as Indians use offshore wallets for everyday paymentsOffshore crypto cards that allow Indian residents to spend digital assets on domestic purchases and withdraw cash have come under the scrut...
- Credit where credit's due: India's tokenised bonds must now open the door to global capitalIndia's pilot tokenised bond issuance successfully settled transactions on a distributed ledger. This innovation improved issuance efficien...
- Cash no king, but don't stash it: India wants a digital economy, but cash still holds the power of choiceDespite government promotion of digital transactions like UPI and e-Rupee, cash remains prevalent, especially in rural areas and for large-...
- WazirX launches AI trading co-pilot to streamline crypto research and executionIntegrated into WazirX's app and website, the tool allows users to ask questions about live crypto prices, market news and macroeconomic de...
- CoinSwitch unveils crypto benchmark index CRE8CoinSwitch is backed by Coinbase Ventures, Tiger Global, Sequoia Capital, Ribbit Capital among others.
- Banning cryptos is the most advisable choice: RBI deputy governorMore substantially, he added, cryptocurrencies can wreck the currency system, monetary authority, banking system, and in general the govern...
- Cryptocurrencies worse than Ponzi schemes, says RBI Deputy GovernorSankar also said that since cryptocurrencies have specifically been developed to bypass the regulated financial system, it is reason enough...
- Rupee to go digital: What Budget's CBDC move signalsIssuance of Indian Rupee in the digital format by RBI means it will have the status of legal tender as it is different from a decentralized...
- Crypto exchange WazirX dodged Rs 40.5 crore in tax, says GST departmentLate on Thursday evening, the tax department recovered Rs 49.2 crore from the company – the GST owed plus interest and penalties.
- Cryptocurrency exchange Coinstore enters India despite pending curbs on tradeCoinstore has launched its web and app platform and plans branches in Bangalore, New Delhi and Mumbai which will act as its base in India f...
- View: A digital rupee and cryptocurrencies can (and should) co-existCBDCs are fiat currency in code. They can be programmed for specific use-cases and leveraged for delivery of government benefits and financ...
- View: A digital rupee and cryptocurrencies can (and should) co-existCentral banks should not fear the rise of cryptocurrencies. There are several different use cases of CBDCs and cryptocurrencies, and both h...
- Digital rupee work in progress, looking at risks to stability: DasThe government has proposed a bill that will allow the central bank to create its own digital currency, while banning all private cryptocur...
- New-age Indian tech companies are using cryptocurrency for pay, perksThere are two approaches taken by employers. One is to register their entities in crypto-friendly nations and pay their employees in crypto...
- 5 things you don’t know about cryptocurrency markets in IndiaThe first and most popular cryptocurrency is Bitcoin. And there are over 8000 cryptocurrencies currently in circulation. Recently, cryptocu...
- Bitcoin trades in India surge four timesIndian cryptocurrency exchange and trading platforms have seen a 4x surge in the number of deposit requests. The rise came within 24 hours ...
- Are you a bitcoin investor? Today is the last day to save your investmentBuying and selling in rupee are going to stop from midnight as banks and other financial institutions are not going to facilitate cryptocur...
- Big blow for cryptocurrency holders as Supreme Court refuses reliefRBI has prohibited financial institutions from providing any service in virtual currencies.
- How to ride the bitcoin rally in IndiaOne should not invest large sums of money in Bitcoins as it is a very volatile asset class.
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