Indian Central Bank Sees Cryptocurrencies Gaining Popularity, Exploring Digital Rupee

Indian Central Bank Sees Cryptocurrencies Gaining Popularity, Exploring Digital RupeeIndia’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. RBI Says Crypto Has Gained Popularity, Exploring […]

Go to Source

Powered by WPeMatico

RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India

RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or TradersIndia’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing in cryptocurrencies. The ban lasted for almost two years. RBI […]

The post RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

RBI to Challenge Supreme Court Verdict on Cryptocurrency

RBI to Challenge Supreme Court Verdict on CryptocurrencyThe Reserve Bank of India (RBI) is reportedly seeking to file a review petition challenging the supreme court verdict which lifted its banking ban on the crypto industry. The RBI is worried that the court’s decision “could pave the way for trading in virtual currencies and put the banking system at risk.” Also read: Indian […]

The post RBI to Challenge Supreme Court Verdict on Cryptocurrency appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico