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Nalezeno "RBI": 269

Indian central bank clarifies regulations as local banks shun crypto

31.5.2021
Banks like HDFC and State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular

Government Should Use RBI Balance Sheet for Covid Vaccine

19.5.2021
The second wave of Covid-19 is creating ripples across the health infrastructure of the nation. The nation is scrambling hard to fulfill all types of medical resources, including the oxygen cylinders and hospital beds. Since the citizens and the world body are already blaming the government,...

Indian government is rethinking crypto ban: The Economic Times

19.5.2021
A new panel will be formed to address "outdated" recommendations on crypto trading

India’s Central Bank RBI Urges Banks to Cut Ties With Crypto Businesses and Traders: Report

14.5.2021
India’s central bank, the Reserve Bank of India (RBI), has reportedly informally asked banks to cut ties with cryptocurrency exchanges and traders. Some banks in India have limited their exposure to the crypto market and some plan to stop all crypto-related transactions. RBI Asking Banks...

National Payments Corporation of India Says It Will Not Ban Cryptocurrencies Through UPI

7.5.2021
India’s payments authority, the National Payments Corporation of India, has reportedly said that it will not ban cryptocurrency transactions. Banks are to make their own decision whether to allow crypto transactions. The National Payments Corporation of India (NCPI), has refused to...

RBI Governor Says Government and Central Bank Agree on Cryptocurrency Approach

26.3.2021
RBI Governor Shaktikanta Das says that there is no difference of opinion between the Reserve Bank of India (RBI) and the finance ministry on cryptocurrencies. While the finance minister said that the government will not shut off all options and will take a calibrated position regarding crypto...

Central bank digital currency a mixed blessing, says RBI

1.3.2021
The Reserve Bank of India has described central bank digital currencies as a mixed bag in its report on currency and finance for 2020–2021

Indian Central Bank Informs Government of Major Crypto Concerns — Digital Rupee ‘Receiving Our Full Attention’

25.2.2021
India’s central bank governor Shaktikanta Das has revealed that the bank has “major concerns” about cryptocurrencies, and it has informed the government of them. He expects that the government will soon make a decision on cryptocurrency. Meanwhile, the Reserve Bank of India (RBI)...

Indian Official Provides Updates on Crypto Bill and Transition Period for Crypto Holders: Report

14.2.2021
As the Indian government gets closer to moving forward with the cryptocurrency bill, an official from the Ministry of Finance reportedly explained what discussions the government has been having regarding the crypto bill and the impending legislation. Indian Crypto Bill’s Progress Update...

India's crypto ban is coming, hodlers to be given transition period: Bloomberg

12.2.2021
An anonymous Indian official has claimed the country’s parliament will soon introduce a blanket bank on crypto assets, and give hodlers three-to-six months to liquidate

Indian Government Prepares to Fast Track Crypto Bill — Plans to Introduce Cryptocurrency Law in a Month: Report

7.2.2021
The Indian government is reportedly considering taking “the ordinance route” to quickly pass the cryptocurrency bill. “The government is of the firm view that they want to introduce the law within a month of clearance of the ordinance,” a local news outlet detailed. Indian...

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 Government Clarifies Position on Cryptocurrency and Digital Rupee

2.2.2021
The Indian government has clarified its position on cryptocurrency and the country’s digital currency in answers provided by the Ministry of Finance in Rajya Sabha, the upper house of India’s parliament. The Indian crypto industry sees this clarification as positive news and that...

Indian Parliament to Consider Bill That Creates Digital Rupee While Banning Cryptocurrencies in Current Session

30.1.2021
The Indian government has finally moved forward with a cryptocurrency bill. Entitled “The Cryptocurrency and Regulation of Official Digital Currency Bill 2021,” the bill has been listed for consideration in the current parliamentary session of Lok Sabha, the lower house of India’s...

Indian Central Bank Sees Cryptocurrencies Gaining Popularity, Exploring Digital Rupee

26.1.2021
India’s central bank, the Reserve Bank of India (RBI), has published a booklet with a section about cryptocurrency and the digital rupee. The central bank acknowledged that cryptocurrencies have gained popularity in recent years and confirmed that it is exploring the need for a central bank...

Crypto-Friendly Banking Platform Cashaa Expanding in India, US, Africa

5.9.2020
Crypto banking platform Cashaa has unveiled plans to expand its services in India, the U.S., Africa, and the Caribbean. In India, the company aims to create “the first crypto-friendly banking platform” that is regulated by the central bank, the Reserve Bank of India (RBI)...

Former RBI Governor and IMF Chief Economist Sees Value in Bitcoin and Facebook Libra

22.8.2020
Raghuram Rajan, former governor of the Reserve Bank of India (RBI) and chief economist at the International Monetary Fund (IMF), sees value in bitcoin, cryptocurrencies, and Facebook-backed libra alongside central bank digital currencies. Former RBI Governor’s View on Bitcoin, Crypto,...