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India Lists Cryptocurrency Bill to Be Taken up Parliament — Crypto Legislation Expected Before Year-End

24.11.2021
The government of India has listed a cryptocurrency bill to be taken up in the upcoming session of parliament that starts next week. The bill seeks to prohibit cryptocurrencies with some exceptions. It will also create a facilitative framework for a digital rupee to be issued by the Reserve Bank...

India’s Central Bank RBI Still Has ‘Serious Concerns’ About Cryptocurrency

11.9.2021
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, has once again expressed concerns regarding the impact of cryptocurrencies on India’s financial stability. Crypto Presents ‘Serious Concerns’ to RBI The Indian government is currently awaiting the Cabinet to take...

Digital Rupee Trial, No Tech to Implement Crypto Travel Rule + More News

27.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. CBDC news The Reserve Bank of India (RBI) could commence preliminary central bank digital currency (CBDC) trials before the end of the year,...

India CBDC pilot may commence in December, says RBI governor

27.8.2021
India’s central bank is carefully considering the merits of issuing a digital rupee as CBDC exploration continues to gather steam across the globe

India’s Central Bank RBI Unveils Plan to Launch Digital Currency in Phases

23.7.2021
The deputy governor of the Reserve Bank of India (RBI) has revealed that the central bank is planning to launch a state-backed digital currency in phases so that it would have “little or no disruption to India’s banking or monetary systems.” RBI Plans ‘Phased...

RBI Governor Says Government and Central Bank Agree on Cryptocurrency Approach

26.3.2021
RBI Governor Shaktikanta Das says that there is no difference of opinion between the Reserve Bank of India (RBI) and the finance ministry on cryptocurrencies. While the finance minister said that the government will not shut off all options and will take a calibrated position regarding crypto...

Indian Central Bank Informs Government of Major Crypto Concerns — Digital Rupee ‘Receiving Our Full Attention’

25.2.2021
India’s central bank governor Shaktikanta Das has revealed that the bank has “major concerns” about cryptocurrencies, and it has informed the government of them. He expects that the government will soon make a decision on cryptocurrency. Meanwhile, the Reserve Bank of India (RBI)...

India’s Warren Buffett Wants Regulators to Ban Bitcoin and Focus on Digital Rupee

24.2.2021
Indian billionaire Rakesh Jhunjhunwala, sometimes referred to as the Warren Buffett of India, says that the government should ban bitcoin. Calling the cryptocurrency “speculation of the highest order,” the billionaire investor stated that he will never buy bitcoin. Billionaire Rakesh...

Indian Government Prepares to Fast Track Crypto Bill — Plans to Introduce Cryptocurrency Law in a Month: Report

7.2.2021
The Indian government is reportedly considering taking “the ordinance route” to quickly pass the cryptocurrency bill. “The government is of the firm view that they want to introduce the law within a month of clearance of the ordinance,” a local news outlet detailed. Indian...

India’s Central Bank RBI Close to Digital Currency Decision as Paypal Exits Indian Payments Market

6.2.2021
The Reserve Bank of India (RBI) is actively working on a digital currency and will make a decision “very soon,” the central bank has reportedly confirmed. Meanwhile, payments giant Paypal is shutting down its payment services within India. RBI Near Digital Rupee Announcement As...

Indian Crypto Industry Launches Campaign Urging Lawmakers to Dismiss Crypto Ban Bill

5.2.2021
Indian crypto exchanges have pooled their resources together and launched a campaign to gain support from as many parliament members as possible about cryptocurrency regulation. The crypto bill is listed to soon be introduced in parliament. It seeks to prohibit cryptocurrencies while creating...

Indian Government Clarifies Position on Cryptocurrency and Digital Rupee

2.2.2021
The Indian government has clarified its position on cryptocurrency and the country’s digital currency in answers provided by the Ministry of Finance in Rajya Sabha, the upper house of India’s parliament. The Indian crypto industry sees this clarification as positive news and that...

Indian Parliament to Consider Bill That Creates Digital Rupee While Banning Cryptocurrencies in Current Session

30.1.2021
The Indian government has finally moved forward with a cryptocurrency bill. Entitled “The Cryptocurrency and Regulation of Official Digital Currency Bill 2021,” the bill has been listed for consideration in the current parliamentary session of Lok Sabha, the lower house of India’s...

Indian Central Bank Sees Cryptocurrencies Gaining Popularity, Exploring Digital Rupee

26.1.2021
India’s central bank, the Reserve Bank of India (RBI), has published a booklet with a section about cryptocurrency and the digital rupee. The central bank acknowledged that cryptocurrencies have gained popularity in recent years and confirmed that it is exploring the need for a central bank...

Alleged 'kingpin' of a 25M rupee Indian crypto scam arrested at Delhi airport

1.1.2021
The man is said to have convinced people to invest in a 2017 scheme promising monthly returns of over 20%

‘How to Buy Bitcoin in India’: Crypto Exchange Offers Rewards for Videos in All Indian Languages

15.7.2020
Indian cryptocurrency exchange Wazirx is offering rewards for videos about how to buy bitcoin or other cryptocurrencies in India in all Indian languages, including Hindi, Tamil, Gujarati, Marathi, Kannada, Bengali, and Telugu. News.Bitcoin.com caught up with Wazirx CEO Nischal Shetty to find...

India to Significantly Increase Crypto Market Share This Year: Report

1.6.2020
India’s cryptocurrency market is set to gain significant market share this year, according to an industry report. The regulatory environment, the instability of the rupee, and remittances are key drivers that will send the Indian crypto industry soaring. Indian Crypto Sector Flourishing...