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Tag: rbi crypto

Indian Central Bank Chief: US Banking Crisis Clearly Shows Risks Crypto Poses to the Financial System

March 18, 2023 wp-bot Bitcoin News

The governor of India’s central bank, the Reserve Bank of India (RBI), says the “ongoing U.S. banking crisis” clearly demonstrates the risks cryptocurrency poses to

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India’s Central Bank Digital Currency Will Act as Alternative to Cryptocurrency, Says RBI Official

March 4, 2023 wp-bot Bitcoin News

An official of India’s central bank, the Reserve Bank of India (RBI), says that the country’s central bank digital currency (CBDC) will act as an

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G20 Finance Chiefs Widely Recognize Crypto Poses Major Financial Stability Risks, Says Indian Central Bank Governor

February 28, 2023 wp-bot Bitcoin News

The G20 finance ministers and central bank governors recognize that cryptocurrencies pose major risks to financial stability, monetary systems, and cyber security, India’s central bank

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India Highlights Need for ‘Common Approach to Regulating Crypto Ecosystem’

February 1, 2023 wp-bot Bitcoin News

India’s Finance Ministry has highlighted the necessity for “a common approach to regulating the crypto ecosystem” in its flagship Economic Survey this year. “Crypto assets

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Nothing Outlaws Crypto in India if Legal Procedures Are Followed, Says Government Official

January 21, 2023 wp-bot Bitcoin News

An Indian government official says that there is currently nothing that outlaws crypto in India “as long as you follow the legal process.” Meanwhile, the

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Indian Central Bank Chief Insists Crypto Should Be Banned — Warns ‘It Will Undermine Authority of RBI’

January 16, 2023 wp-bot Bitcoin News

India’s central bank has reiterated its stance on banning cryptocurrencies like bitcoin and ether. The governor of the Reserve Bank of India (RBI) likened cryptocurrency

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