News India » Kerala » 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 » Kerala » 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 » Kerala » Cryptocurrencies: India announces bill to ban cryptocurrencies
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
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
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
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 ...
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