Friday, February 3, 2023

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Reserve Bank of India

Cashaa To Introduce Personal Account Services In India

An online banking platform Cashaa plans to introduce personal account services in India by mid-August 2021, according to an announcement. In a public statement, Cashaa...

Indian Crypto Bill Miss Dice To 17 Other New Bills In Monsoon Session

It appears that the Indian Government would not be presenting the Cryptocurrency Bill during this Monsoon Session, according to the reports. Instead of a crypto...

ICICI Bank Users Are Not Allowed To Use LRS For Investing In Cryptos

ICICI Bank customers would no longer be able to use the RBI’s Liberalised Remittance Scheme (LRS) for crypto-related activities, according to a report. A few...

Need For Crypto Regulations In India

On one hand, India is planning to regulate cryptocurrency, while on the other hand, the industry is attracting more users. Till May 2021, the...

Indian Crypto Exchanges Searching For Permanent Payment Solutions After Banks Cut Ties

As the financial institutions in India started to cut their ties with the crypto exchanges, the digital asset trading platforms try their best to...

Indian Crypto Investment In Past Year Rises By 19,900%, Individuals Choosing Digital Assets Over Gold

Although cryptocurrency has an uncertain regulatory environment in India, in just one year, the investment in these digital assets has been increased by around...

Global Crypto Exchanges Planning To Enter Indian Market

While the Indian Government is struggling to introduce a law against the cryptocurrency industry, many crypto exchanges around the world are exploring ways to...

Infosys Co-Founder Nandan Nilekani Suggests To Use Crypto As Asset Class And Not Currency

Although cryptocurrencies are facing regulatory uncertainty in India, virtual currency has been gaining popularity among citizens, keeping that in mind, the government could consider...

RBI Conveys Serious Cryptocurrency Concern To Central Government: Says Governor

Although the Reserve Bank of India clarified its stance on cryptocurrency, it still has some major concerns regarding the digital asset, which it has...

Indian Banks Warn Users Against Crypto, Uses Three-Years Old Quashed Notification

Indian banks restricted dealing in crypto-related activities since the Reserve Bank of India (RBI) unofficially asked them. Now, financial institutions are urging customers to...

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