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RBI CRYPTOCURRENCY BAN
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...
As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
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...
RBI’s crypto ban talks give the shivers to small investorsPreviously, RBI governor Shaktikanta Das had said in a monetary policy press conference that private cryptocurrencies were a threat to the ...
FM Sitharaman says taxing cryptos doesn't mean it has been legalisedThe finance minister has spoken out at a time when the cryptocurrency tax is geeting a mixed reaction with some pointing towards the fact t...
In favour of complete ban on cryptos: RBI to Central BoardThe government had listed the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, for introduction in the Lok Sabha in t...
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...
Govt may introduce bill on cryptocurrencies in winter session of ParliamentCurrently, there are no particular regulations or any ban on use of cryptocurrencies in the country.
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...
Cryptocurrency exchanges to approach Supreme Court on RBI diktatIn 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...
Cryptocurrency in India: The past, present and uncertain futureTo understand the ongoing controversy over cryptocurrency in India, we need to examine how we got here.
After taxman, banks ring warning signals for customers investing, trading in cryptocurrencyMost large banks have been allowing customers to trade on their platforms since SC order claim all cryptocurrency exchanges.
Cryptocurrencies shouldn't face the similar fate as Internet like in '90s: How the proposed ban can be challengedSome people are optimistic that new Bill will seek to regulate, and not take too adversarial a stance towards digital currencies.
SC allows trade in cryptocurrency, quashes RBI curbThe Supreme court ruled that the curbs on cryptocurrency trading was illegal.
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...
Buying bitcoin? SBI Card may soon ban customers from purchasing cryptocurrenciesThe RBI has been periodically issuing notifications cautioning various stakeholders regarding the risks of virtual currencies.
RBI working on cryptocurrency policyCryptocurrencies like bitcoin use cryptography to secure transactions.