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Taking cognisance of the risks associated in dealing with bitcoin and other such VCs, the RBI decided that, with immediate effect, entities regulated by it shall not deal with or provide services to any individual or business entities dealing with or settling VCs.

RBI to review feasibility of introducing digital currency

Virtual currencies raise concerns of consumer protection, market integrity and money laundering.

6 April 2018 3:48 PM IST

Digital currencies such as Facebooks Libra will disrupt the financial system, either by forcing central banks to innovate or by grabbing a global role that could challenge the dominance of the dollar, ECB board member Benoit Coeure said on Tuesday.

Spooked by Libra, EU pledges to regulate digital currencies

Lawmakers had previously considered regulation of cryptocurrencies a marginal issue, until the emergence of talks about...

9 Oct 2019 12:24 PM IST

Union Economic Affairs Secretary Shaktikanta Das (Photo: PTI)

No way privately-issued digital currencies can be allowed: RBI Gov Das

The comments come a year after government tagged Bitcoins and other cryptocurrencies illegal and the RBI banned their...

5 Dec 2019 5:48 PM IST

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.

Govt panel for banning private cryptocurrencies

The committee recommended that all private cryptocurrencies, except any cryptocurrency issued by the state, be banned.

23 July 2019 1:05 AM IST

Taking cognisance of the risks associated in dealing with bitcoin and other such VCs, the RBI decided that, with immediate effect, entities regulated by it shall not deal with or provide services to any individual or business entities dealing with or settling VCs.

Inter-ministerial group suggests ban on cryptocurrencies in India

The panel also suggested a draft legislation -- Banning of Cryptocurrency & Regulation of Official Digital Currency...

22 July 2019 7:17 PM IST

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.

Bitcoin slumps to two-week low on technical trading, market jitters

The biggest cryptocurrency fell 5.5 per cent in early trade after slumping 7.7 per cent a day earlier.

16 Aug 2019 2:52 PM IST

Fears of battery drain make Apple ban cryptocurrency mining.

North Korea took USD 2 billion in cyberattacks to fund weapons...

Experts said North Korea used cyberspace to launch attacks to steal funds from financial institutions and cryptocurrency...

6 Aug 2019 1:04 PM IST

Bitcoin and cryptocurrencies in general are decentralized.

How to Send Remittances to India Using Crypto

With all the developments in the industry, we are finding cryptocurrencies to be much more accessible

3 Feb 2022 9:28 AM IST

Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the second part of Budget Session of Parliament, in New Delhi, Friday, March 25, 2022. (PTI photo)

Lok Sabha passes Finance Bill

The Union Budget 2022-23 had proposed taxing crypto assets at the rate of 30 per cent, effective from April 1

26 March 2022 1:11 AM IST

Prime Minister Narendra Modi greets as he addresses at SCO Summit via video conferencing, Tuesday, July 4, 2023. (PTI Photo)

Modi for ethical AI use, worldwide crypto rules

PM proposes Global day for consumer care at B20

28 Aug 2023 12:55 AM IST

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.

Cryptocurrency industry facing tough phase in India, says expert

RBI notification is one among many reasons for this tough phase in MTCX.

16 May 2018 1:44 PM IST

Reserve Bank on Thursday tightened the rules to discourage use of virtual currencies like Bitcoins.

5 platforms providing access to cryptocurrencies to India

Some of the Indian exchanges have launched crypto to crypto pairing options.

9 Jun 2018 4:31 PM IST