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News India » Punjab » 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 » Punjab » 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: Tuesday 07 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 » Punjab » 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 ...