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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: India mulls law to ban private cryptocurrencies, introduce official digital currency

News channel or source: https://www.freepressjournal.in/business/india-mulls-law-to-ban-private-cryptocurrencies-introduce-official-digital-currency
Published on: Friday 29 January 2021

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 » Kerala » Cryptocurrencies: India announces bill to ban cryptocurrencies

News channel or source: https://www.digitaljournal.com/article/india-announces-bill-to-ban-cryptocurrencies/
Published on: Tuesday 23 November 2021

Prime Minister Narendra Modi warned last week that Bitcoin presents a risk to younger generations – Copyright AFP Ozan KOSE India’s government will introduce a ...

News India » Kerala » Cryptocurrencies: India central bank backs crypto ban, tax department warns of evasion risks, documents show

News channel or source: https://www.reuters.com/world/india/india-central-bank-backs-crypto-ban-tax-department-warns-evasion-risks-documents-2026-07-08/
Published on: Tuesday 07 July 2026

NEW DELHI, July 8 (Reuters) - India's central bank has reasserted a call for a cryptocurrency policy "leaning towards prohibition," while the country's tax department warned that trading via offshore ...

News India » Kerala » Cryptocurrencies: Reserve Bank of India says crypto rules risk legitimizing sector: Report

News channel or source: https://cointelegraph.com/news/india-avoids-comprehensively-regulating-crypto-due-to-systemic-risk-fears
Published on: Wednesday 10 September 2025

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 ...

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 ...