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India , Wednesday 09 September 2026

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

News channel or source: https://www.msn.com/en-us/money/economy/digital-rupee-coming-soon-india-plans-sovereign-backed-alternative-to-cryptocurrencies/ar-AA1O0H05
Published on: Tuesday 07 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 » Manipur » 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 ...