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News India » Bihar » Cryptocurrencies: India's RBI plans digital currency to replace unregulated cryptocurrencies

News channel or source: https://www.msn.com/en-us/money/economy/india-s-rbi-plans-digital-currency-to-replace-unregulated-cryptocurrencies/ar-AA1O0ZQn
Published on: Tuesday 07 October 2025

India will introduce a sovereign-backed digital currency under the Reserve Bank of India (RBI), as it discourages the use of private cryptocurrencies due to their lack of asset “backing.” According to ...

News India » Bihar » Cryptocurrencies: Digital Rupee Coming Soon: India Plans Sovereign-Backed Alternative To Cryptocurrencies

News channel or source: https://www.msn.com/en-us/money/markets/digital-rupee-coming-soon-india-plans-sovereign-backed-alternative-to-cryptocurrencies/ar-AA1O0H05
Published on: Monday 06 October 2025

Indian Commerce and Industry Minister Piyush Goyal announced that India will soon launch a digital currency backed by the Reserve Bank of India (RBI), designed to facilitate faster, paperless, and ...

News India » Bihar » Cryptocurrencies: India reviewing crypto position due to global changes, senior official says

News channel or source: https://www.reuters.com/technology/india-reviewing-crypto-position-due-global-changes-senior-official-says-2025-02-02/
Published on: Saturday 01 February 2025

Feb 2 (Reuters) - India is reviewing its stance on cryptocurrencies due to shifting attitudes towards the virtual asset in other countries, a senior government official told Reuters on Sunday. The ...