RBI Financial News

25.11 / 21:07

cryptocurrency RBI coinswitch kuber Cryptocurrency Bill India cannot risk being a late mover in accepting crypto: CoinSwitch’s Ashish Singhal

Cryptocurrencies provide India an opportunity to turn into a net exporter from a net importer of technology, according to Ashish Singhal, Founder and CEO of crypto exchange CoinSwitch Kuber.

25.11 / 07:19

cryptocurrency Digital Platform RBI More Than Half Of Indians In Survey Don't Want Crypto Legalized: Report

Only 26% of those polled in the survey said cryptocurrencies should be legalized.

17.11 / 11:37

Blockchain cryptocurrency Remark RBI NOT Do not ignore Shaktikanta Das’ repeated warnings on crypto - here is why

Everyone listens to the Reserve Bank of India (RBI) governor—banks, investors and also the government. That’s because the RBI governor is the face of the Central bank and his comments are reflective of its larger thought process. In this context, the current governor Shaktikanta Das’ recent comments, rather warnings, on cryptocurrencies warrant a closer look. At a conference on Tuesday, Das, once again spoke on the issue.

17.11 / 10:55

cryptocurrency RBI Cryptocurrency exchanges Arbitrage Price arbitrage a new worry as several crypto platforms crop up

cryptocurrency exchanges on the number of platforms — and the possibility of price arbitrage. Sources close to the discussions told ET that concerns are being raised around the number of cryptocurrency exchanges operating out of India and how prices of the same cryptocurrencies tend to differ at the same time across platforms creating arbitrage opportunities. The government has held several meetings over the last few days thrashing out issues with the crypto stakeholders.

17.11 / 07:23

Provident Progressive RBI debate India Needs "Well-Informed" Debate On Cryptocurrency, Says RBI Chief

"Im yet to see serious, well-informed discussions on these issues," Shaktikanta Das said.

17.11 / 04:49

Blockchain cryptocurrency RBI Financial RBI Governor bats for crypto ban, says it could cause serious financial instability

Shaktikanta Das drew a line between the use of technology for enhancing businesses and the speculation in anonymous cryptos which could potentially destabilise the financial systems as the legislation for the most important financial sector innovation of the century enters the last phase. «The technology (blockchain) is more than 10 years old, it did not come yesterday.

15.11 / 08:15

Ban RBI Time RBI, crypto players meet for the first time, discuss grey zones

India? What kind of coins should be allowed? What could be the investor protection measures? The questions, which could shape the rules of the game if cryptos come under regulation, were deliberated at the Reserve Bank of India’s (RBI) first-ever meeting with the crypto community held on November 2. Amid a crypto craze, fuelled by an ad blitz, it is unclear how cryptocurrencies are entering India to meet spiralling demand.

08.11 / 08:01

cryptocurrency RBI SEBI Government likely to take ‘middle path’ on crypto bill: Report

The government is likely to take a “middle path” on cryptocurrencies as it finalises a digital assets bill that may be tabled in the upcoming winter session of Parliament, The Economic Times has reported about the keenly watched piece of legislation as cryptocurrency gains popularity among young Indians.

04.11 / 20:11

Adoption RBI Bitcoin services India’s top payment firm Paytm reportedly considers Bitcoin services

Paytm, India's leading digital payments company, has said Thursday that it would consider Bitcoin services if the country's regulatory framework for cryptocurrencies was more definite.

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