India News » Telangana News India » Telangana » Cryptocurrencies: India's central bank says cryptocurrencies could spark the next financial crisis
The Reserve Bank of India (RBI) has warned that cryptocurrencies could cause the next global financial crisis if allowed to grow, even in a regulated manner. “It ...
News India » Telangana » 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 » Telangana » Cryptocurrencies: End of the crypto craze? Indian investors wary as mega sell-off continues
As foreign portfolio investors continue to pull out money from the Indian equity market, the sell-off in the crypto market and the digital asset space has also accelerated in the wake of global ...
News India » Telangana » Cryptocurrencies: India Government Plans to Ban Most Private Cryptocurrencies
India's government says that in a new bill to be considered in the winter session of Parliament, it will propose to ban private cryptocurrencies. India and China are often close to war, but they ...
News India » Telangana » 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 » Telangana » Cryptocurrencies: Digital Rupee Coming Soon: India Plans Sovereign-Backed Alternative To Cryptocurrencies
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 » Telangana » Cryptocurrencies: Cryptocurrencies pose risks to EMs, India's stand remains unchanged - cenbank chief
MUMBAI, Jan 11 (Reuters) - Cryptocurrencies can pose significant risks to emerging markets, the Reserve Bank of India (RBI) chief said on Thursday, cautioning that the central bank's stand on the ...
News India » Telangana » Cryptocurrencies: India Backs G20's Global Framework For Cryptocurrencies, Urges Focus On Developing Countries
India supports FSB's proposed global framework, highlights importance of addressing crypto risks. Regulators urged to ensure robust cross-border cooperation. China’s new tariffs just reignited the ...