India News » Jharkhand News India » Jharkhand » Cryptocurrencies: India's RBI plans digital currency to replace unregulated cryptocurrencies
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 » Jharkhand » Cryptocurrencies: Digital Rupee Coming Soon: India Plans Sovereign-Backed Alternative To Cryptocurrencies
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 » Jharkhand » Cryptocurrencies: India mulls law to ban private cryptocurrencies, introduce official digital currency
India is considering bringing a law to ban transactions of private cryptocurrencies in the country, albeit with certain exceptions. The legislation would also seek to create a new official digital ...
News India » Jharkhand » Cryptocurrencies: Reserve Bank of India says crypto rules risk legitimizing sector: Report
India is reportedly delaying comprehensive crypto regulation as its central bank warns rules could legitimize digital assets and create systemic risks. Update (Sept. 12, 2025, at 2:20 pm UTC): This ...