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Former Deputy Governor of the RBI sees cryptocurrencies as a taxable asset or commodity. The former Deputy Governor of the RBI has spoken out regarding the nation’s financial and crypto…
Banks like HDFC and the SBI reportedly cautioned customers in contradiction of crypto, citing the RBI’s quashed crypto circular. India’s central bank has delivered an authorized notice concerning the detail…
The three-judge bench of India’s Supreme Court reconvened to hear the ‘Crypto vs RBI’ case after the last hearing happened way back in August last year. At the last hearing,…
It has recently come to light India, the second most populated country in the world, which obviously has the potential to provide a good market for any given product, has…
A month after India’s central bank acknowledged that it had cracked down on digital currencies without much deliberation, it has finally spelled out the explanations behind its uneasiness with bitcoin…
It’s not been a good week for cryptocurrencies in India. With the recent arrest of the co-founders of Unocoin for operating a Bitcoin ATM, the government’s intolerance towards digital currency…
Zebpay is app-enabled bitcoin wallet provider headquartered in Singapore with IT office in Ahmedabad, Gujarat, India. The firm has announced the cessation of all exchange services on Friday due to the…
It’s really complicated when it comes to determining the regulatory fate of the virtual currency. UK government is still facing difficulty in making any decision in this regard. The recently…
The RBI (Reserve Bank of India) has told the Supreme Court that Bitcoin and other cryptocurrencies cannot be considered valid under the existing laws. In its counter affidavit lodged in…
A new plan by Reserve Bank of India (RBI) is to cut rising costs of managing paper currency by introducing rupee-backed central bank digital currency (CBDC). India’s central bank RBI…
With each passing day, The Reserve Bank of India, appears to loosen it’s stringent anti crypto stance. RBI released its annual report on Wednesday. 29th August, amidst myriad speculations in…
The Reserve Bank of India has consistently maintained an anti-crypto stance, but are the winds of change in motion? A recent research unit has been formed by RBI that has…
