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

News channel or source: https://www.msn.com/en-us/money/markets/indias-rbi-plans-digital-currency-to-replace-unregulated-cryptocurrencies/ar-AA1O0ZQn
Published on: Monday 06 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 » Kerala » Cryptocurrencies: The rise of online casinos and the intrigue of cryptocurrencies in India

News channel or source: https://www.irishcentral.com/rise-online-casinos-intrigue-cryptocurrencies-india
Published on: Friday 28 June 2024

The online gambling scene in India has witnessed a meteoric rise in recent years. With a growing internet penetration rate and a burgeoning middle class, Indians are increasingly turning to online ...

News India » Kerala » Cryptocurrencies: India sows confusion with plan to ban 'private cryptocurrencies'

News channel or source: https://www.wral.com/story/india-sows-confusion-with-plan-to-ban-private-cryptocurrencies/19999662/
Published on: Tuesday 23 November 2021

India is flirting with a ban on cryptocurrencies. Prime Minister Narendra Modi's government on Tuesday said that it is preparing to introduce a bill that would regulate digital currencies. Other WRAL ...

News India » Kerala » Cryptocurrencies: India's SEBI open to oversight of crypto trade, in contrast to Reserve Bank

News channel or source: https://www.reuters.com/world/india/indias-sebi-open-oversight-crypto-trade-contrast-reserve-bank-2024-05-16/
Published on: Wednesday 15 May 2024

NEW DELHI, May 16 (Reuters) - India's market watchdog has recommended that several regulators oversee trade in cryptocurrencies, documents show, the strongest signal to date that at least some ...

News India » Kerala » Cryptocurrencies: Cryptocurrencies Could Cause the Next Financial Crisis, Indian Central Bank Head Warns

News channel or source: https://www.nbcwashington.com/news/business/money-report/cryptocurrencies-could-cause-the-next-financial-crisis-indian-central-bank-head-warns/3238746/
Published on: Tuesday 20 December 2022

The next financial crisis will be caused by private cryptocurrencies, if these assets are allowed to grow, the head of India's central bank warned on Wednesday. "Cryptocurrencies have… huge inherent ...