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Tag: indian central bank

Nium Expands in India, Gains 2 In-Principal Payments License

Singapore-based Nium has expanded its geographical reach by securing two in-principle approvals for two payment licenses in India, the Prepaid Payment Instrument (PPI) license...

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G20 Finance Chiefs Widely Recognize Crypto Poses Major Financial Stability Risks, Says Indian Central Bank Governor

The G20 finance ministers and central bank governors recognize that cryptocurrencies pose major risks to financial stability, monetary systems, and cyber security, India’s central...

India to Introduce Measures Around Crypto This Year, Says Government Official

The Indian government is planning to introduce “measures around crypto” this year, according to the country’s Economic Affairs Secretary Ajay Seth. India’s finance...

India’s Billionaire Showcases Digital Rupee

Anand Mahindra, an Indian billionaire and a board member of the Reserve Bank of India, bought some pomegranates from a street vendor by paying...

What does the future hold for digital assets in 2023?

This past year was a challenging year for global markets, with crypto markets falling by more than 50% from their peak in 2021. Macroeconomic...

Indian Central Bank Chief Insists Crypto Should Be Banned — Warns ‘It Will Undermine Authority of RBI’

India’s central bank has reiterated its stance on banning cryptocurrencies like bitcoin and ether. The governor of the Reserve Bank of India (RBI)...

Is India Moving Towards Banning Crypto Assets In Its G20 Presidency?

In a report that was released today, the Reserve Bank of India (RBI) stated that crypto assets are highly volatile and exhibit high...

Indian central bank governor calls for crypto ban, champions CBDCs

Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’A weekly recap of key Bitcoin metrics affecting its price...

Next Financial Crisis Will Be From Crypto if It’s Not Banned: Indian Central Bank Governor

"Our view is that it should be prohibited because if you try to regulate it and allow it to grow, please mark my words...

India’s Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims

An Indian central bank official claims that if there is anything cryptocurrencies like bitcoin and ether can do, the Reserve Bank of India...

RBI Begins First Retail Digital Rupee Pilot in 13 Indian Cities With 8 Banks

India’s central bank, the Reserve Bank of India (RBI), is launching its first retail digital rupee pilot on Dec. 1 with the participation...

Indian central bank on track to launch retail CBDC pilot next month

The Reserve Bank of India (RBI), the country’s central bank, is finalizing the rollout of the retail digital rupee pilot, the Economic Times of...

Indian Central Bank RBI: Cryptocurrencies Are a Clear Danger — Financial Stability Risks Likely to Grow

India’s central bank, the Reserve Bank of India (RBI), sees cryptocurrencies as “a clear danger.” However, the financial stability risks posed by crypto assets...

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