Crypto prices in India tumble after crypto bill announced
The token prices on the Indian crypto exchange WazirX crashed following the announcement of a bill that would ban all private crypto. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
The token prices on the Indian crypto exchange WazirX crashed following the announcement of a bill that would ban all private crypto. Go to Source Powered by WPeMatico
In India, the regulatory environment surrounding Bitcoin is still in a “grey area.” Go to Source Powered by WPeMatico
India’s central bank is carefully considering the merits of issuing a digital rupee as CBDC exploration continues to gather steam across the globe. Go to Source Powered by WPeMatico
Users will be able to earn yield paid in BTC on all the rewards they’ve accumulated through the app. Go to Source Powered by WPeMatico
RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo. Go to Source Powered by WPeMatico
The bank has also asked users to not any invest fiat currency that may have links to previous cryptocurrency investments. Go to Source Powered by WPeMatico
India’s crypto exchanges continue to cope with the burden of limited access to banking services. Go to Source Powered by WPeMatico
Authorities in India are reportedly weighing up options concerning crypto regulations in the country. Go to Source Powered by WPeMatico
The Reserve Bank of India’s ban on banks’ dealings with crypto may be defunct but the institution remains apprehensive of — if not outright hostile to — cryptocurrencies. Go to Source Powered by WPeMatico
Banks like HDFC and State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular. Go to Source Powered by WPeMatico