Monday, June 27, 2022

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Reserve bank of India (RBI)

Indian Government Likely To Allow Hold Crypto As An Asset And Not Currency

Despite banning cryptocurrency in India, the government is likely to take a distinct approach. Indian Government is planning to restrict the usage of cryptocurrency as...

Parliamentary Committee To Organize Meeting With Top Stakeholders Of Crypto Industry

The Parliamentary Standing Committee on Finance has announced to hold a closed-door meeting with the top stakeholders of the crypto industry, including the top...

India Likely To Issue Regulatory Framework For Cryptos In February 2022

Indian Government is planning to introduce its regulatory framework for cryptocurrency in February 2022, during the general Budget Session in the Parliament, according to...

Indian Crypto Exchanges Sees Launch Of Bitcoin Futures ETF As “Big Validation”

The launch of Bitcoin futures Exchange-Traded Fund (ETF) in the US affected the price of cryptocurrency on Wednesday.  After the introduction of Bitcoin Futures ETF,...

Right-Wing Hindu Nationalist Society RSS Asks Government To Frame Strict Crypto Regulations

The right-wing Hindu Nationalist society of India, Rashtriya Swayamsevak Sangh (RSS), has demanded the government to regulate cryptos “in the larger interest of society.” A...

Belfrics Group To Resume Its Operations In India

Kuala Lumpur-based Belfrics Group has announced to resume its operation in India by investing $15 million.  Before 2018, the company was operating in India but...

RBI Has Serious Concerns Over Cryptocurrency, Says Governor

The central bank of India has “serious” and “major” regarding the financial stability of private cryptocurrencies, like Bitcoin, said the Reserve Bank of India...

Reserve Bank Of India Plans First CBDC Trial By December 2021

The Reserve Bank of India (RBI) is planning to initiate the first central bank digital currency (CBDC) trial in the country, by the end...

Amid Government’s Warning, Indian Startups Show Interest In Crypto Payment

Initially, Bitcoin and other cryptocurrencies were being used as an asset class investment to earn profit. However, along with the time, many businesses around...

Cashaa Plans To Start Its Operation In India

Cryptocurrency Bank Cashaa will be offering its services to Indian investors and exchanges from August 2021, according to an announcement. Initially, the bank would...

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