Widespread use of crypto assets, including stablecoins, can have a negative impact on the macroeconomic and financial ...
Crypto tokens pegged to the rupee offer notable benefits like ease-of-use, low transaction cost and relatively stable value.
The Reserve Bank of India in its Financial Stability Report said that there are consequences of investing in crypto currency assets on Tuesday. "Crypto-assets' price swung wildly and the rally, which ...
The RBI acknowledges growth in crypto sector The RBI worries tokenisation may cause liquidity fragilities India has not set a ...
(Bloomberg) -- A Bitcoin rally is fizzling in the final days of a record-breaking year for the digital asset, as investors assess the remaining impetus from President-elect Donald Trump’s embrace of ...
With 115 million crypto investors, India boasts the world's highest number of crypto users, according to Chainalysis' 2024 Global Crypto Adoption Index.
In fact, it is the future of currency," said Das in his concluding words as the RBI Governor. New possible perspective on crypto Given India's potential to become a global leader in Web3 ...
The government has detected goods and services tax (GST) evasion worth Rs 824.14 crore by crypto exchanges, such as Binance, WazirX, CoinDCX, and CoinSwitch Kuber, while it has recovered only Rs ...
Representation of the bitcoin cryptocurrency and a price ... setting up the stage for the RBI's central bank digital currency (CBDC). However, this has been delayed. The proposed restrictions ...
India’s outgoing Reserve Bank of India (RBI) governor has trumpeted the country’s status as a “pioneer” in the central bank digital currency ... With 115 million crypto investors ...
India has emerged as one of the fastest-growing cryptocurrency markets globally, driven by technological, economic, and ...
He warns that “SIPs in crypto are ordinarily unregulated in India. The reason is that both RBI and SEBI have taken a strong and clear anti-crypto stance and are not keen to encourage retail ...