India News » Telangana 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: 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: 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 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 ...
News India » Telangana » 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 » Telangana » 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 » 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: RBI backs crypto ban, tax department warns of evasion risks
India has 39 million crypto investors holding $2 billion in assets Central bank says lenders should be barred from exposure to crypto assets Use of offshore exchanges presents tax compliance issues, ...