You Searched For "currency ban" and got 20 results
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1 min read
The Taliban banned foreign currencies as Afghanistan nears financial collapse with billions frozen overseas
The US dollar is widely used in Afghanistan, but the Taliban now say that people can only use the A…
Sinéad Baker
1 min read
Cryptocurrencies equivalent to gambling: RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday reiterated that crypto currencies ar…
3 mins read
Here is why a ban on cryptocurrencies may not be even possible
Will India ban cryptocurrency? Will trading in crypto be legal even if the country bans cryptocurre…
1 min read
The SEC's 'crypto mom' says it would be foolish for the US government to ban bitcoin since people can't be stopped from trading in it
Peirce said she wasn't sure whether a bitcoin ETF would be approved just yet since the SEC is in a …
Shalini Nagarajan
1 min read
China, Russia and India aren't developing a dollar rival, top official says: 'There's no idea of a BRICS currency'
India's foreign minister S. Jaishankar pushed back on the idea that the BRICS group of countries ar…
George Glover
1 min read
Western sanctions have weakened the dollar's dominance as India buys Russian oil with other currencies
Indian buyers have paid for most of their Russian oil in non-dollar currencies, including the UAE's…
Filip De Mott
1 min read
Iraq is set to fuel de-dollarization by banning the buck from being used in cash transactions, report says
Iraq will ban the greenback from being used in cash transactions and withdrawals from January 1, th…
George Glover
3 mins read
Crypto issue requires immediate attention, says FM Sitharaman
Issues related to crypto have emerged as a major point of discussion among G20 countries and th…
PTI
3 mins read
Indian cryptocurrency players in huddle as government mulls ban
As India plans to introduce a new law to prohibit all 'private cryptocurrencies' in the country, th…
2 mins read
India’s Finance Minister Nirmala Sitharaman says she expects the central bank to roll out the country’s digital currency this year
The Indian government expects the Reserve Bank of India (RBI) to roll out its digital currency this…
4 mins read
Exclusive: Bankers reveal why RBI is quietly rolling back the ₹2000 notes
These instructions carried out at by bank branches. But, our sources confirmed that such ins…
2 mins read
Top Indian refiners are using the UAE's currency instead of the US dollar to buy Russian crude, report says
"If you are asking me officially am I in the know of these payment channels, no, I'm not," India's …
Brian Evans
1 min read
The ruble hits 7-month low versus the dollar as sanctions and trade restrictions weigh on Russia's currency
The ruble has fallen to its lowest level against the dollar since May, a sign that restrictions on …
Jennifer Sor
2 mins read
Crypto broker Voyager Digital files for bankruptcy a week after it suspends trading
Top cryptocurrency broker Voyager Digital on Wednesday filed for bankruptcy in the US, after top cr…
2 mins read
Sensex, Nifty50 open weak tracking global markets -- SBI, Vodafone Idea, Uniparts India among stocks to watch out for
Sensex and Nifty50 opened lower on Monday following weak global markets and ahead of November’s ret…
2 mins read
Visa is testing a platform that will support central bank digital currencies in partnership with blockchain firm ConsenSys
Payment rival Mastercard already launched a similar CBDC testing platform in December 2020, also in…
Isabelle Lee
2 mins read
A US congressman has proposed a bill to limit the Fed's ability to issue its own digital currency
Rep. Tom Emmer said the Fed should not have central authority over the retail accounts of Americans…
Isabelle Lee
2 mins read
RBI seeks a crypto ban but it needs global collaboration, says Nirmala Sitharaman
The Reserve Bank of India (RBI) has recommended the government to frame regulations for cryptocurre…
2 mins read
The Fed may release its long-awaited paper on central bank digital currencies as early as next week, report says
Jerome Powell has said CBDCs would negate the need for stablecoins, but other observers say a digit…
Isabelle Lee
2 mins read
The Russian ruble has hit an over 2-year high even as the EU plans to intensify sanctions against the country with an oil embargo
On Wednesday, the Russian ruble closed 6.6% higher against the US dollar at 66.30 — the highe…