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RBI

india_supreme_court
Markets
India
India’s Supreme Court Lifts Banking Ban on Crypto Exchanges
The Supreme Court of India has ruled against a decision imposed by the country's central bank nearly two years ago that stifled crypto trading in Asia's third-largest economy....
india_supreme_court
By Wolfie Zhao
Mar 4, 2020 at 6:56 a.m. UTC
Mar 4, 2020
IndiaRBI
rbi
Policy
India
India's Central Bank Explains in Court Filing Why It Blocked Banks From Using Cryptos
The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned c...
rbi
By Daniel Palmer
Jan 21, 2020 at 10:35 a.m. UTC
Jan 21, 2020
IndiaRBIRegulation
indian-rupee
Markets
India
Libra Could Be Unbalanced by Indian Crypto Laws
Facebook reportedly has not filed an application with the RBI, which seeks to ban cryptocurrencies.
indian-rupee
By Daniel Kuhn
Jun 20, 2019 at 9:00 p.m. UTC
Jun 20, 2019
IndiaRBIFacebookLibraNews
india-flag
Markets
Rbi
Crypto Startups Barred from Indian Central Bank Fintech Sandbox
The Reserve Bank of India is setting up a regulatory sandbox for fintech startups – but crypto projects are excluded.
india-flag
By Nikhilesh De
Apr 18, 2019 at 5:00 p.m. UTC
Apr 18, 2019
RBIRegulationNewsAsia PacificregulationsLegalSandboxes
shutterstock_1038208165
Markets
India
India's Central Bank Denies 'Formal Creation' of Blockchain Unit
The Reserve Bank of India has denied officially forming a new unit to research AI and blockchain technology, despite reports to the contrary.
shutterstock_1038208165
By Aditi Hudli
Sep 30, 2018 at 10:00 a.m. UTC
Sep 30, 2018
IndiaRBIRegulationNewsCentral BankingAsia Pacific
zebpay-2
Markets
Exchanges
Indian Crypto Exchange Zebpay Halts Trading Over Banking Ban
Zebpay, once the largest crypto exchange in India, is halting its trading service at short notice, but stressed its wallet will stay functional.
zebpay-2
By Wolfie Zhao
Sep 28, 2018 at 8:45 a.m. UTC
Sep 28, 2018
ExchangesRBIBankingRegulationNewsZebpayAsia PacificMarkets
court-6
Markets
Law
Indian Central Bank Argues Cryptos 'Not Valid' as Currency in Court Battle
The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency.
court-6
By Daniel Palmer
Sep 13, 2018 at 7:15 p.m. UTC
Sep 13, 2018
LawExchangesIndiaRBIRegulationNewsCentral BankingAsia PacificLegal
india-rupee
Markets
Exchanges
India Eyes State Digital Currency to Cut $90 Million Banknote Bill
The Reserve Bank of India is mulling a central bank digital currency as a means to reduce the country's huge spend on minting physical cash.
india-rupee
By Wolfie Zhao
Aug 30, 2018 at 2:00 p.m. UTC
Aug 30, 2018
ExchangesIndiaRBIRegulationNewsCentral BankingCentral BanksCentral Bank Digital Currency
indian-rupee
Markets
Exchanges
Crypto Exchanges Are Already Adapting to India's Bank Account Ban
As the Indian Supreme Court declined to end the Reserve Bank of India's crypto curb, exchanges in India are taking different actions.
indian-rupee
By Wolfie Zhao
Jul 5, 2018 at 6:00 a.m. UTC
Jul 5, 2018
ExchangesIndiaRBINewsMarkets News
shutterstock_1038208165
Markets
Reserve bank of india
Crypto Startup Files Petition Against India's Central Bank Ban
An Indian startup is taking the country's central bank to court over its decision to bar banks from dealing with crypto businesses.
shutterstock_1038208165
By Annaliese Milano
Apr 18, 2018 at 2:00 a.m. UTC
Apr 18, 2018
Reserve Bank of IndiaRBINewsLegal