RBI


Finance

VC Tim Draper Eyes India Investments as Nation Enters Crypto 'Renaissance'

Tim Draper plans to back local startups now the Indian supreme court has overturned a ban on financial services for crypto companies.

Tim Draper

Policy

India's Central Bank Plans to Fight Supreme Court Crypto Ruling

The Reserve Bank of India reportedly plans to return to the supreme court to ask for a review of a ruling that overturned its ban on banking access for crypto firms.

Reserve Bank of India

Policy

Indian Crypto Exchange Adds Bank Transfers Hours After RBI Ban Lifted

Mumbai-based CoinDCX became the first platform in India to fully integrate bank account transfers.

Mumbai, India (Shutterstock)

Markets

India’s Supreme Court Lifts Banking Ban on Crypto Exchanges

The Supreme Court of India has ruled against a decision imposed by the country's central bank nearly two years ago that stifled crypto trading in Asia's third-largest economy.

Indian Supreme Court, New Delhi (iMetal21/Shutterstock)

Policy

India's Central Bank Explains in Court Filing Why It Blocked Banks From Using Cryptos

The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos.

Credit: Shutterstock

Markets

Libra Could Be Unbalanced by Indian Crypto Laws

Facebook reportedly has not filed an application with the RBI, which seeks to ban cryptocurrencies.

indian rupee

Markets

Crypto Startups Barred from Indian Central Bank Fintech Sandbox

The Reserve Bank of India is setting up a regulatory sandbox for fintech startups – but crypto projects are excluded.

India flag

Markets

India's Central Bank Denies 'Formal Creation' of Blockchain Unit

The Reserve Bank of India has denied officially forming a new unit to research AI and blockchain technology, despite reports to the contrary.

shutterstock_1038208165

Markets

Indian Crypto Exchange Zebpay Halts Trading Over Banking Ban

Zebpay, once the largest crypto exchange in India, is halting its trading service at short notice, but stressed its wallet will stay functional.

zebpay

Markets

Indian Central Bank Argues Cryptos 'Not Valid' as Currency in Court Battle

The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency.

Court

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