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