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CBDCs and crypto should coexist, not compete — CoinDCX co-founder
27.10.2024
Sumit Gupta shares insights on India’s approach to CBDCs and private cryptocurrencies, emphasizing the need for balanced regulation
CBDCs and crypto should coexist, not compete — CoinDCX co-founder
27.10.2024
Sumit Gupta shares insights on India’s approach to CBDCs and private cryptocurrencies, emphasizing the need for balanced regulation
CBDCs and crypto should coexist, not compete — CoinDCX co-founder
27.10.2024
Sumit Gupta shares insights on India’s approach to CBDCs and private cryptocurrencies, emphasizing the need for balanced regulation
Singapore Central Bank Chief Sees No Future for Private Cryptocurrencies
28.11.2023
Source: PIxabay Singapore’s central bank’s managing director, Ravi Menon, emphasized that private cryptocurrencies falling short of fundamental financial service tests will eventually fade from the monetary scene. Menon outlined his vision for the future monetary system, highlighting three...
Regulations and exchange delistings put future of private cryptocurrencies in doubt
16.6.2022
At a time when privacy tools and coins have become the primary target of regulators around the world, the future of privacy-focused coins looks obsolete
India’s Central Bank RBI Says Crypto Is Prone to Fraud and Poses Immediate Risks to Consumer Protection
2.1.2022
India’s central bank, the Reserve Bank of India (RBI), has warned about multiple risks cryptocurrency poses to the country’s financial stability. “They are also prone to frauds and to extreme price volatility,” the apex bank claims, stressing that...
Indian Crypto Bill To Regulate, Not Ban 'Private Cryptocurrencies' - Report
3.12.2021
As India’s authorities are advancing their work on new crypto-related legislation, a document released by the Indian government indicates that private cryptocurrencies will be regulated rather than banned, contrary to earlier suggestions.
A cabinet note on the proposed cryptocurrency bill says...
India Lists Cryptocurrency Bill to Be Taken up Parliament — Crypto Legislation Expected Before Year-End
24.11.2021
The government of India has listed a cryptocurrency bill to be taken up in the upcoming session of parliament that starts next week. The bill seeks to prohibit cryptocurrencies with some exceptions. It will also create a facilitative framework for a digital rupee to be issued by the Reserve Bank...
Indian parliament's agenda for winter session includes bill on banning 'private cryptocurrencies'
23.11.2021
The Cryptocurrency and Regulation of Official Digital Currency Bill is one of 26 new pieces of legislation for India's lower house of parliament to consider when it convenes on Nov. 29
India’s Central Bank RBI Close to Digital Currency Decision as Paypal Exits Indian Payments Market
6.2.2021
The Reserve Bank of India (RBI) is actively working on a digital currency and will make a decision “very soon,” the central bank has reportedly confirmed. Meanwhile, payments giant Paypal is shutting down its payment services within India. RBI Near Digital Rupee Announcement As...
Indian Crypto Industry Launches Campaign Urging Lawmakers to Dismiss Crypto Ban Bill
5.2.2021
Indian crypto exchanges have pooled their resources together and launched a campaign to gain support from as many parliament members as possible about cryptocurrency regulation. The crypto bill is listed to soon be introduced in parliament. It seeks to prohibit cryptocurrencies while creating...
India Would Ban Private Cryptocurrencies Under Proposed Legislation
29.1.2021
A ban on cryptocurrency had been in effect for almost two years before it was overturned by the Supreme Court in March 2020
Indian Finance Minister Addresses Crypto Proposal – Industry Responds
31.7.2019
India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed...