A former deputy governor of the RBI sees cryptocurrencies as a taxable asset or commodity.
Reserve Bank of India News
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India’s central bank is carefully considering the merits of issuing a digital rupee, while CBDC exploration continues to gather steam across the globe.
4417Users will be able to earn yield paid in BTC on all the rewards they’ve accumulated through the app.
6990RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo.
2518The bank has also asked users not to invest any fiat currency that may have links to previous cryptocurrency investments.
5433India’s crypto exchanges continue to cope with the burden of limited access to banking services.
2464India’s regulatory stance on crypto has been shaky at best and prejudiced at worst, but what is India actually doing about crypto?
3779Authorities in India are reportedly weighing up options concerning crypto regulations in the country.
13414Indian state officials are reportedly no longer keen on banning Bitcoin and a crypto regulatory bill may be up for discussion during the Monsoon Session of Parliament.
23287Kraken, Bitfinex and KuCoin could become the next major crypto exchanges to attempt to service India’s estimated 15 million crypto investors.
10725Indian tech mogul Nandan Nilekani believes the country should be seeking to attract investment from the $1.7 trillion crypto-asset industry.
11486The Reserve Bank of India's ban on banks' dealings with crypto may be defunct but the institution remains apprehensive of — if not outright hostile to — cryptocurrencies.
6461Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular.
13604A new panel will be formed to address "outdated" recommendations on crypto trading.
44356Indian officials are switching their stance on crypto, but the country’s regulatory environment may have additional bottlenecks in store.
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