Indian Union Minister Piyush Goyal has announced plans to launch a new digital currency backed by the Reserve Bank of India (RBI). This move aims to revolutionize financial […]
India Unveils Digital Currency backed by RBI for Enhanced Transactions
India’s Minister of Commerce and Industry, Piyush Goyal, revealed on October 7th that the country is set to launch a digital currency supported by the Reserve Bank of […]
India Takes Action: Launches RBI-Backed Digital Currency
India is advancing its digital currency strategy with the launch of the e-Rupee, backed by the Reserve Bank of India (RBI). This move seeks to address the challenges […]
Nigeria Paves Way for Regulated Crypto; India Tightens Controls in 2025
Two major players in the cryptocurrency landscape, Nigeria and India, are charting divergent paths with their regulatory frameworks. While Nigeria embraces a more regulated approach by granting licenses […]
India Weighs Stablecoin Policy Shift Amid Global Regulatory Push
India is considering a potential policy shift regarding stablecoins as the global market for these digital assets gains momentum. Finance Minister Sitharaman’s recent remarks indicate this openness, alongside […]
Coinbase Returns to India with Early Access Program Amid Regulatory Landscape Shifts
Coinbase, a leading cryptocurrency exchange, has re-entered the Indian market with an early access program. Following a three-year hiatus since 2022, Coinbase’s return comes amidst a shift in […]
India Cracks Down on Offshore Crypto Exchanges; 25 Firms Receive Notices
The Indian government has intensified its efforts to regulate offshore crypto exchanges. Notices have been issued to 25 virtual digital asset (VDA) service providers for failing to comply […]
Binance’s CZ Calls for Innovation as India Grapples with Protectionist Policies and Currency Turmoil
Binance CEO Changpeng Zhao (CZ) has expressed concern about India’s protectionist policies, arguing they hinder economic growth and competitiveness. The Indian rupee recently hit a record low of […]
Changpeng Zhao Proposes Crypto as Solution for India’s Economic Stability
Binance founder Changpeng Zhao argues that crypto adoption could stabilize India’s faltering economy impacted by trade tensions and protectionist policies. Zhao highlights the potential of blockchain technology and […]
India Holds Back on Crypto Regulation Amidst Systemic Risks
India’s regulatory approach to cryptocurrencies is taking a cautious path, opting for partial oversight rather than implementing comprehensive legislation. This move follows a warning from the Reserve Bank […]
Chainalysis’ 2025 Global Crypto Adoption Index: India Leads as US Embraces Institutional Capital
Chainalysis has released its 2025 Global Cryptocurrency Adoption Index, revealing a significant shift in mainstream crypto adoption. The report highlights India’s ascent to the top spot, driven by […]
India’s RBI Hesitant to Regulate Crypto, Fears Legitimization of Industry
The Reserve Bank of India (RBI) is delaying comprehensive cryptocurrency regulations until 2025, citing potential legitimization risks. According to Reuters reporting on official documents, the RBI believes regulation […]
India’s Crypto Dilemma: Balancing Risks with Growth
India is taking a cautious approach to cryptocurrency regulation, leaning towards limited oversight rather than an outright ban. A recently released government document reveals this stance, citing the […]
India Hesitates to Regulate Crypto, Worried About Legitimizing Sector
The Reserve Bank of India (RBI) is delaying comprehensive crypto regulations due to concerns that regulation might inadvertently legitimize the digital asset sector and increase systemic risks. According […]
India Delays Full Cryptocurrency Framework, Focuses on Partial Oversight
India is opting for a more nuanced approach to crypto regulation by avoiding a complete legal framework. Instead, the government plans to maintain partial oversight, citing potential systemic […]