Browsing Tag
rbi
12 posts
India: RBI Urges Lenders to Embrace Its CBDC
As numerous governments embrace the concept of central bank digital currencies [CBDCs], India is also actively participating in…
Reserve Bank of India Governor Calls for an Outright Crypto Ban
India has always had a not-so-friendly approach toward cryptocurrencies. Even when the rest of the world was embracing…
Cryptos Have ‘Absolutely No Underlying’: Shaktikanta Das
India has remained quite hostile towards crypto over the past few years. In 2018, for instance, the Reserve…
India’s Central Bank to Start Retail CBDC Pilot on December 1
On Tuesday, India’s central bank—The Reserve Bank of India (RBI)—announced the launch date for the first pilot of…
RBI’s CBDC Concept Receives Backlash From Indian Crypto Companies
RBI and its CBDC concept didn’t receive the warmest welcome from Indian crypto firms. India has a love-hate…
India Reports Fastest GDP Growth of 13.5% In April-June Quarter
India’s GDP grew by 13.5% between April and June of the current fiscal year. The growth was the…
Cryptocurrency Can Create Financial Instability in India: RBI Governor
Shaktikanta Das, the Governor of the Reserve Bank of India, recently spoke about cryptocurrency, among other things, in…
India’s RBI seeks to ‘prohibit’ cryptos
The Indian government has been hostile toward cryptos since the beginning. In 2018, the RBI announced that banks…
Is India leaning towards a Crypto ban again?
Crypto investors in India have always been in a dilemma with regard to the legality of these digital…
RBI Governor Calls Cryptos ‘Worthless’; Terms it as a Threat to India’s Macroeconomic Stability
The Reserve Bank of India (RBI) Governor, Shaktikanta Das labeled cryptocurrencies as completely ”worthless”. He compared the crypto…
