Category: Reserve Bank of India

DBS-owned Indian Bank to Close Account Over Crypto-Related Activity: Report

India’s first digital bank, Digibank, is allegedly closing accounts involved in cryptocurrency-related activity. The claim was made by Twitter user…

India: Media Reports Central Bank Has Postponed ‘Crypto-Rupee’ Plans

The Reserve Bank of India (RBI) is pausing its plans to release a digital currency, Indian business news outlet the…

New Indian Governmental Committee Favors Legalizing Cryptocurrencies, Media Reports

A governmental committee in India has reportedly suggested that cryptocurrencies be legalized in the country, English-language local media TheNewIndianExpress (TNIE)…

Indian Government Panel Suggests Crypto Dealings Should Illegal, Local Sources Say

An Indian government panel has reportedly suggested a new legal framework within the Reserve Bank of India (RBI) that completely…

How a Bitcoin Exchange Is Surviving a Central Bank Crackdown in India

Indian regulators' clampdown on cryptocurrency businesses is forcing the exchange startup Unocoin to experiment with stablecoins and ATMs to continue…

India’s Zebpay Shuts Down Exchange Activities

One of the largest cryptocurrency exchanges in India, Zebpay, is shutting down its exchange activities due to the crypto banking…

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