India’s Central Bank RBI Still Has ‘Serious Concerns’ About Cryptocurrency

India's Central Bank RBI Still Has 'Serious Concerns' About CryptocurrencyThe governor of the Reserve Bank of India (RBI), Shaktikanta Das, has once again expressed concerns regarding the impact of cryptocurrencies on India’s financial stability. Crypto Presents ‘Serious Concerns’ to RBI The Indian government is currently awaiting the Cabinet to take up the crypto bill. However, the country’s central bank, the Reserve Bank of India […]

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India’s Cryptocurrency Legislation Will Be ‘Distinct and Unique,’ Says Lawmaker

Indian Cryptocurrency Legislation Will Be 'Distinct and Unique,' Says LawmakerThe chairman of India’s Parliamentary Standing Committee on Finance explains that cryptocurrency legislation in India will be “distinct and unique.” He added, “We have to balance stability and growth but we recognize how important this whole area of crypto is.” Lawmaker Provides an Update on Crypto Legislation Jayant Sinha, a lawmaker of the ruling Bharatiya […]

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India Has New Plan to Regulate Cryptocurrencies: Report

India Has New Plan to Regulate Cryptocurrencies: ReportIndia is reportedly working on a new way to regulate cryptocurrencies. “The government is planning to define cryptocurrencies in the new draft bill that also proposes to compartmentalise virtual currencies on the basis of their use cases,” according to a report. How India Will Regulate Cryptocurrencies India is reportedly planning to regulate cryptocurrencies as commodities […]

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Indian Government to Set up Panel of Experts to Take a Fresh Look at Regulating Cryptocurrencies: Report

Indian Government to Set up Panel of Experts to Take a Fresh Look at Regulating Cryptocurrencies: ReportThe Indian government is reportedly looking to form a new “panel of experts” to focus on ways to regulate the cryptocurrency industry in the country. “There is a view within the government that the recommendations made by Subhash Garg are dated and a fresh look is needed at use of cryptos rather than a total […]

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HSBC Changes Crypto Policy, Now Bars Clients From Buying Stock of Companies That Hold Bitcoin

HSBC Changes Crypto Policy, Now Bars Clients From Buying Stock of Companies That Hold BitcoinHSBC has reportedly changed its policy regarding cryptocurrency. The bank now prohibits customers from buying the stock of public companies that hold bitcoin, like Microstrategy. All of the companies with bitcoin treasuries could be on the chopping block at HSBC. HSBC Now Bars Clients From Buying Crypto and Crypto-Related Stocks Like Microstrategy British bank HSBC […]

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