Reserve Bank of India News and Articles

The Reserve Bank of India (RBI) has advocated a phased approach to CBDC implementation to maintain control over the process. News 18 writes about this concerning the annual report of the regulator. “The Reserve Bank proposes to take a stepwise approach to CBDC implementation, step by step going...

The governor of India's Central Bank, Shaktikanta Das mentioned the risks related to cryptos in an interview with CNBC-TV18. Pointing to the fall of crypto prices, Das said that Indian regulators have been cautioning against the sector previously. Recently, prices of cryptocurrencies dropped...

The Indian authorities maintain a negative attitude towards digital currencies. Back in April, the head of the country's financial department, Nirmala Sitaraman, said that such tools are mainly used by criminal structures. The Reserve Bank of India believes that the massive transition to...

Private cryptos pose a “huge threat” to macroeconomic and financial stability, and investors should be aware of all the risks. That was stated by the head of the Reserve Bank of India (RBI) Shaktikanta Das. In his opinion, private digital assets could undermine the RBI's ability to maintain...

At yesterday’s blockchain conference, former Deputy Governor of the Reserve Bank of India Rama Subramaniam said that the government should seriously think about the full adoption of digital money. The man believes that India should start treating cryptocurrencies as full-fledged taxable assets....

The Reserve Bank of India (RBI) has remained critical of cryptocurrencies, head of the regulator Shaktikanta Das said during an online conference. “RBI has serious concerns about cryptocurrency that we have reported to the government,” Das said. In 2018, the regulator banned the controlled...

The Reserve Bank of India plans to file a motion to review the Supreme Court's decision to regulate the first crypto coin and other cryptocurrencies. It is reported by the Economic Times. According to the publication, the regulator fears that the decree could lay the foundation for crypto trading...