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The world cannot afford a crypto mania: Shaktikanta Das

RBI Governor Shaktikanta Das on Thursday said the central bank does not "emulate" others when it co…

PTI   


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RBI reiterates its 2018 cryptocurrency circular not valid – crypto wallet deposits could resume soon

The Reserve Bank of India (RBI) has issued a circular to banks and other regulated entities clarify…

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4 mins read

Six reasons why India’s central bank believes cryptocurrencies threaten financial stability

The Reserve Bank of India states that private cryptocurrencies pose a threat to financial stability…

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3 mins read

RBI governor still has not thawed on ‘private’ cryptocurrencies — compares crypto hype to ‘tulip mania’

RBI governor Shaktikanta Das claims that cryptocurrencies have no underlying value, not even worth …

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Sri Lanka warns public not to use cryptocurrencies amid economic upheaval as new PM imposes curfew

The Central Bank of Sri Lanka has warned the public against using cryptocurrencies amid the grave e…

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India aims to develop SOPs for cryptocurrency during G20 presidency: Sitharaman

“That (crypto) will also be part of India's thing (agenda during G-20 presidency),” Sitharaman t…

PTI   


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HDFC Bank withdraws letter on crypto transactions after RBI clarifies that its 2018 circular is no longer valid

India’s cryptocurrency regulations have been unclear, to say the least. The issues began…

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India should ban 'Ponzi' private cryptos or risk wrecking the country's financial system, a top RBI central banker has warned

Private cryptocurrencies are worse than a Ponzi scheme, and could wreck India's ability to control …

Hamza Fareed Malik   


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India’s central bank appoints department to regulate crypto exchange, formulate CBDCs

The report also said that the bank is working on two kinds of CBDCs — wholesale and retail — and…

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India's new crypto regulations are ready for the monsoon session of parliament, says the country's Finance Minister

“We have done a lot of work on it. We have taken stakeholders’ inputs. The Cabinet note is ready…

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Equalisation levy on crypto exchanges in India will not apply to investors, according to the Finance Minister

The controversial Google Tax, which has historically been imposed on foreign companies — like Am…

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China’s crypto crackdown is not likely to stop with Bitcoin mining — stablecoins, software, influencers are also on its radar

The crackdown on cryptocurrencies by China is unlikely to stop with Bitcoin mining. Authorities in …

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A new cryptocurrency scam targeting gamers has already siphoned off $2 million in Monero

Grand Theft Auto V, NBA 2K19, and Pro Evolution Soccer 2018 players are being duped into mining for…

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6 mins read

India's stance on cryptocurrencies is evolving as more investors join the bandwagon

The government is gearing up to adopt a more lenient approach towards cryptos and is showing promin…

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Banks in India are reportedly softening their stance on crypto trading

Banks allowing for crypto transactions may not entirely have to do with them becoming crypto…

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India’s Supreme Court has effectively banned banks from dealing with cryptocurrencies

The order prohibits all financial institutions from facilitating cryptocurrency transactions bet…

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5 mins read

Tax implications of investing in cryptocurrencies — here’s how you can make the most of your investment

Others looking to dip their toe in the crypto market, may be wondering how profits for investi…

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3 mins read

Crypto players in India to meet with government today to give inputs on the potential of cryptocurrencies in the country and its impact

Representatives from Indian crypto exchanges like WazirX, Coinswitch Kuber, CoinDCX and others are …

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It is not a good idea to compare crypto with gold — here is why

“The bitcoin flow picture continues to deteriorate and is pointing to continued retrenchment by …

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India’s cryptocurrency bill is going up for discussion in December — but it seems to be beating to same rhythm as 10 months ago

The Indian government plans to put its cryptocurrency bill up for discussion in Parliament during t…