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RBI Governor Believes Crypto has ‘Major Concerns’ While Teasing the Launch of a Digital Rupee
In an exclusive interview with CNBC TV18, Shaktikanta Das, the Reserve Bank of India (RBI) governor, said the central bank has “major concerns on cryptocurrencies. ” The central bank has already communicated the government's concerns, who will “take a call,” and if required, Parliament will also decide on regulating crypto. дальше »
2021-2-26 21:24 | |
India’s Warren Buffett Wants Regulators to Ban Bitcoin and Focus on Digital Rupee
Indian billionaire Rakesh Jhunjhunwala, sometimes referred to as the Warren Buffett of India, says that the government should ban bitcoin. Calling the cryptocurrency “speculation of the highest order,” the billionaire investor stated that he will never buy bitcoin. дальше »
2021-2-25 15:15 | |
Indian govt proposes total crypto ban
The Indian government has again sowed crypto confusion in the country, proposing a new law that will outlaw crypto entirely, while at the same time talking about launching an official digital Rupee. Aditya Das investigates. дальше »
2021-2-18 16:00 | |
Indian Government Clarifies Position on Cryptocurrency and Digital Rupee
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. дальше »
2021-2-2 15:20 | |
Indian Parliament to Consider Bill That Creates Digital Rupee While Banning Cryptocurrencies in Current Session
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 parliament. дальше »
2021-1-30 12:05 | |
India: Central Bank Weighing the Need to Launch Digital Rupee
It was only a matter of when for the Indian central bank to join the CBDC race. RBI Exploring the Need for Digital Rupee According to a booklet on payment systems published by the Reserve Bank of India (RBI) on Monday, the country’s central bank is weighing the necessity for a central bank digital currencyRead More дальше »
2021-1-28 16:00 | |
A Digital Rupee Token May Be a Reality, Says Indian Central Bank
The Reserve Bank of India (RBI), the country’s central bank, has expressed an interest in introducing a digital version of the rupee. The central bank further said that it is examining the need and viability of a central bank digital currency (CBDC). дальше »
2021-1-27 20:55 | |
Indian Central Bank Sees Cryptocurrencies Gaining Popularity, Exploring Digital Rupee
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 digital currency. дальше »
2021-1-26 13:35 | |
Rise in Digital Payments has India Exploring the Potential of Digital Rupee
While India has had an often adversarial, murky attitude towards digital assets and cryptocurrencies, the Reserve Bank of India is currently contemplating whether there is a need for a digital version of its sovereign currency, the Rupee. дальше »
2021-1-25 22:13 | |
Binance P2P makes headway in Asia as it adds Sri Lanka Rupee, Cambodia Riel
Binance has been expanding its peer-to-peer trading list. It has announced the addition of not one but four fiats to its P2P trading platform. It has now added Myanmar Kyat [MMK], Lao Kip [LAK], CamboThe post Binance P2P makes headway in Asia as it adds Sri Lanka Rupee, Cambodia Riel appeared first on AMBCrypto. дальше »
2020-12-8 16:00 | |
OKEx Exchange Resumes P2P Fiat Trading for Chinese Yuan, Indian Rupee, & Vietnamese Dong
Cryptocurrency exchange OKEx announced on Wednesday that it is resuming peer-to-peer (P2P) trading for CNY, INR, and VND fiat pairs from today at 12:00 pm (UTC). Buy Crypto fiat gateways are also being reactivated. дальше »
2020-10-22 18:38 | |
KuCoin Adds Support For Purchasing Crypto With 17 More Fiat Currencies
On June 12, 2020, KuCoin, an IDG-backed crypto exchange, announced that it will add support for Indian rupee (INR), Argentine peso (ARS), Philippine peso (PHP), United Arab Emirates dirham (AED), Azerbaijani manat (AZN), Chilean peso (CLP), Colombian peso (COP), Costa Rican colon (CRC), Dominican peso (DOP), Georgian lari (GEL), Kazakhstani tenge (KZT), Moldovan leu (MDL),Read MoreRead More. дальше »
2020-6-13 14:56 | |
India to Significantly Increase Crypto Market Share This Year: Report
India’s cryptocurrency market is set to gain significant market share this year, according to an industry report. The regulatory environment, the instability of the rupee, and remittances are key drivers that will send the Indian crypto industry soaring. дальше »
2020-6-1 13:05 | |
4 ways to Buy Bitcoin in India after RBI ban
In this article, we will discuss 4 ways to buy bitcoin in india after RBI BAN. Bitcoin holders are panicking in India. One of the major fall-outs of RBI’s April’2018 circular has been the cease of rupee deposit and withdrawal on the country’s biggest digital exchange platform. дальше »
2020-2-22 08:00 | |
National Crypto Rupee Proposed in Indian Draft Blockchain Strategy
Just a week after the Reserve Bank of India confirmed legal status for crypto currency, a draft national strategy on blockchain has called for an official digital rupee. India to Advance in Blockchain Tech According to reports, the National Institute for Smart Governance (NISG) has submitted a draft strategy on blockchain for stakeholder comments which will help define the ecosystem for distributed ledger technology and crypto in India. дальше »
2020-1-29 08:30 | |
Draft of India’s National DLT Strategy Calls for State-Run Digital Rupee
A draft of an Indian national blockchain strategy suggests the development of a digital rupee on a permission public blockchain
дальше »2020-1-29 15:38 | |
Binance Supports New Fiat Onramp to Buy Crypto Assets with the Indian Rupee via WazirX
Binance can now purchase Bitcoin (BTC) and other cryptocurrencies through Rupee bank transfers that are powered by WazirX, the Indian digital exchange for assets. Not banned in the country, people in India still find it difficult to trade and buy Bitcoin because banks don’t have the green light to work with crypto exchanges and companies. […] дальше »
2019-11-27 01:31 | |
Binance-WazirX Acquisition a ‘Historic Day’ for Crypto in India
Binance announced Thursday that it is acquiring WazirX, an Indian cryptocurrency exchange with an estimated user-base of around 200,000. This qualifies as a landmark development for India’s still-nascent homegrown cryptocurrency market — especially considering that traders will now have the option to buy and sell cryptocurrencies using the Indian Rupee (INR) through the Binance Fiat […] The post Binance-WazirX Acquisition a ‘Historic Day’ for Crypto in India appeared first on BeInCrypto. дальше »
2019-11-21 11:57 | |
Cashaa Rolls Out Bitcoin Purchasing Option for India
The online banking platform Cashaa has enabled fiat deposits so that those in India can purchase bitcoin using the Indian rupee. The post Cashaa Rolls Out Bitcoin Purchasing Option for India appeared first on Bitcoin Magazine. дальше »
2019-10-25 22:57 | |
Cashaa crypto wallet enables Indian residents to buy BTC with rupee
Cryptocurrency wallet and payment app Cashaa, announced it has enabled INR (Indian rupee) deposits and purchases of crypto in India for residents, up to 1 crore INR per month. Founded in June 2016, a large portion of Cashaa’s users had been based in India, which for the past years had a difficult relationship with cryptocurrency. дальше »
2019-10-22 12:47 | |
Central Banks Worldwide Testing Their Own Digital Currencies
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. дальше »
2019-8-15 09:53 | |
India set to ban cryptocurrency and launch the digital rupee
India is moving closer to a ban on Bitcoin and other cryptocurrencies that would criminalize users. The Indian government remains open to distributed ledger technology, however, and a new report recommends the launch of the digital rupee. дальше »
2019-7-30 22:00 | |
Newsflash: Indian Regulators Officially Propose Total Cryptocurrency Ban
An Indian inter-ministerial committee on cryptocurrency and blockchain technology has finalized a report recommending both the establishment of a digital Rupee and a ban of cryptocurrencies. Ban Crypto, Establish E-Rupee The roughly 200-page report spends thousands of words breaking down and praising the potential uses of blockchain technology, specifically in areas like land management. дальше »
2019-7-22 18:38 | |
After Digital Yuan, A Digital Rupee Could Be On The Cards
Following China's footsteps, India despite their restrictions on cryptocurrencies could launch a government issued stablecoin, the Digital Rupee The post After Digital Yuan, A Digital Rupee Could Be On The Cards appeared first on Ethereum World News. дальше »
2019-7-17 15:00 | |
India May Ban Bitcoin And Cryptocurrencies Except ‘Digital Rupee’
India is preparing to do the impossible by banning cryptocurrencies such as Bitcoin in any form, a newly leaked document revealed this week. Alleged Draft Law ‘Prohibits’ Bitcoin & Crypto Uploaded to sharing site Scribd by local blockchain and tech lawyer, Varun Sethi, the document allegedly shows the preliminary text of a new law designed to “prohibit the use of cryptocurrency. дальше »
2019-7-16 19:00 | |
Leaked Document Shows India Will Ban All Cryptocurrency except Its Digital Rupee
Coinspeaker Leaked Document Shows India Will Ban All Cryptocurrency except Its Digital RupeeThe global cryptosphere might take hit in the near future as according to a leaked bill circulating online, India plans to completely outlaw the use of cryptocurrency except its own Digital Rupee. дальше »
2019-7-15 17:47 | |
Economic Times Implores On Indian Authorities To Embrace Cryptocurrencies, Not Block Bitcoin
Although there are plans to release a digital rupee, there is reportedly a plan to ban cryptos altogether in India. For several years, India’s politicians and elites have been the impediments to a thriving crypto industry in the country. дальше »
2019-6-26 00:01 | |
India’s Insane Anti-Crypto Bill Proposes 10-Yr Prison for Bitcoin Adopters: Report
By CCN: Lawmakers in India have proposed a bill which would see Bitcoin and crypto ownership made completely illegal, with as much as a 10-year prison sentence for anyone caught holding. This coincides directly with India’s plans to launch its own state-backed cryptocurrency – the Digital Rupee. дальше »
2019-6-7 13:19 | |
Cashaa Now Accepts Debit, Credit Cards for Crypto Purchases
Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa’s own token, CAS, using major credit and debit cards. This new service is a follow-up to the Business Banking Services Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept cryptocurrency payments. дальше »
2019-4-24 01:08 | |
Pakistan Will Issue Its Own Digital Currency By 2025
According to the Dawn, a local media outlet, Pakistan’s central bank has announced plans to have a digital currency by 2025. Digital Version of the Pakistani Rupee Speaking about the regulation of Electronic Money Institutions, non-bank entities that will be allowed to issue “e-money” for digital payments, Pakistan’s State Bank Deputy Governor Jameel Ahmad told the audience that digital currency is more efficient. дальше »
2019-4-3 04:00 | |
Bitcoin a ‘Major Concern’ for the Indian Government, if Used for Payments: Report
India has long been a nation that has taken a hardline stance towards cryptocurrencies. The risks associated with digital currencies such as money laundering and terrorism funding have long fueled the Indian government’s approach to dealing with digital assets. дальше »
2019-2-10 12:15 | |
India Fears Bitcoin and Cryptocurrencies Could Destabilize Rupee
The effect Bitcoin (BTC) and other cryptocurrencies may have on the Indian rupee is reportedly a top concern for Indian lawmakers — specifically, if said digital currencies are to be legalized as a form of payment in the country. дальше »
2019-2-6 12:00 | |
Report: Indian Government Concerned Cryptocurrencies Could Undermine the Rupee
The Indian government panel tasked with drafting crypto regulation is reportedly worried that cryptocurrencies could destabilize the rupee if they are accepted as payments. Its concern came to light despite evidence that cryptocurrencies do not currently pose a threat to financial stability. дальше »
2019-2-5 09:05 | |
India: Regulatory Bodies Fear Cryptocurrency’s Impact on Rupee
According to a Quartz report published February 4, 2019, the Indian government is skeptical regarding the possible implications of cryptocurrencies on the Indian Rupee, fearing that digital currencies might destabilize the national currency. дальше »
2019-2-5 02:00 | |
Indian Government Fears That Cryptocurrencies Could Destabilize the Rupee
The Indian government is looking into the impact of digital currencies and worried about the consequences for the Rupee. The high-level panel assigned with the task of making the country’s digital currency rules is now suggesting that cryptocurrencies could destabilize the Indian Rupee. дальше »
2019-2-4 18:19 | |
Indian Gov’t Committee Is Worried About Crypto’s Impact on Rupee’s Stability: Report
An Indian governmental committee is reportedly concerned about the potential impact of crypto on the stability of the country’s fiat currency
дальше »2019-2-5 17:36 | |
India Expresses Fear that Bitcoin may make the Rupee Obsolete
India has been at loggerheads with cryptocurrency for a long time for many reasons ranging from money laundering, terror financing among others. However, the true reason behind the fight may be the fear of bitcoin or any other cryptocurrency taking over the Rupee, the country’s traditional fiat currency. дальше »
2019-2-4 13:32 | |
Delhi Police Arrest the Fourth Accused in a 500-crore Rupee Crypto Scam
Last year, the Thane Police busted a 500-crore rupee (approx. $717,950) cryptocurrency scam in Mumbai. Recently, the Delhi Police also arrested the fourth accused in the case, as per reports in the local news outlet The Indian Express. дальше »
2019-1-7 19:09 | |
Indian Exchange Resumes Fiat Deposits and Withdrawals Using New Method
An Indian cryptocurrency exchange has come up with a new method to allow its users to deposit and withdraw rupees despite the crypto banking ban by the country’s central bank. The exchange also guarantees that rupee requests will be processed within 30 minutes or the user will receive ten free XRP credited to their account. дальше »
2018-8-28 13:56 | |
Huobi Informs Users on Decision to Launch P2P Trading in India
Following several announcements of plans for global expansion, this week crypto exchange Huobi has reportedly informed Indian users of its intentions to present them with a P2P platform that allows trading in Indian rupee. дальше »
2018-7-29 17:47 | |
Indian Crypto Exchanges Zebpay & WaxirX Integrate Tron’s TRX 20 Tokens
The Indian stock exchanges Zebpay and WaxirX declared on July the 23rd the integration with the current Tron MainNet and the new TRX20 tokens. The Indian cryptocurrency market is fighting against a strong ban on conversions from cryptos to INR (Indian rupee). дальше »
2018-7-25 10:23 | |
In wake of RBI Ban, Indian Crypto Exchange Unocoin suspends Fiat deposits & withdrawals.
Unocoin, a major Indian crypto wallet provider and exchange, has suspended rupee (INR) deposits and withdrawals “as per orders” from the country’s central bank, according to Unocoin’s blog post July 23. дальше »
2018-7-24 20:15 | |
Cryptocurrencies in India are at par with electronic means of payment, states the Law Commission of India
The Reserve Bank of India [RBI] has appealed for a ban on cryptographic forms of money, as to preclude the banks for conversion of digital currencies into Indian Rupee [INR]. On 3rd July, the Supreme Court of India [SC] held the hearing of Internet and Mobile Association of India, IAMAI vs RBI. According to the reports, […] дальше »
2018-7-24 00:15 | |
Breaking news: RBI’s cryptocurrency prohibition continues, final arguments on 11th September
The Reserve Bank of India [RBI] petitioned a ban against cryptocurrencies, as to prohibit the banks for conversion of digital currencies to Indian Rupee [INR]. The hearing of lifting or proceeding with the ban was held today. дальше »
2018-7-21 02:25 | |