On Thursday, a new report published by India's central ... because crypto can spur dollarization of the Indian economy, a threat that was already highlighted by the central bank in a May ...

The Indian central bank’s governor said on ... of some informal pressure from the [central bank] Reserve Bank of India.” “Crypto closed 2021 with the narrative that finance as we know ...

India’s move to tax transactions and profits related to crypto trading earlier this year was seen as a move of Indian central bank beginning to embrace the fast-growing nascent technology.

Clearly, this is not just about currency speculation — it’s about India’s digital competitiveness. To discourage individuals from the crypto mania, the RBI launched its Central Bank Digital ...

However, this past June, India's central bank published a report declaring that crypto was not currency and lacked any intrinsic value. “Cryptocurrencies are not currencies, as they do not have ...

Binance, the largest crypto exchange in the world, has also made a re-entry into the Indian market after partnering with the very same financial oversight body. The registrations are a major reversal, ...

India’s central bank governor ... our main concern about crypto is that it doesn’t have any underlying [value] whatsoever,” Reserve Bank of India governor Shaktikanta Das said at an industry ...

India's central ... of crypto owners, who are already reeling from a global market collapse and steep domestic taxes. "Unlike any other product, our main concern about crypto is that it doesn't have ...