Auto Added by WPeMatico

India’s Central Bank RBI Still Has ‘Serious Concerns’ About Cryptocurrency

The governor of the Reserve Bank of India (RBI), Shaktikanta Das, has once again expressed concerns regarding the impact of cryptocurrencies on India’s financial stability. Crypto Presents ‘Serious Concerns’ to…

Continue ReadingIndia’s Central Bank RBI Still Has ‘Serious Concerns’ About Cryptocurrency

India’s Cryptocurrency Legislation Will Be ‘Distinct and Unique,’ Says Lawmaker

The chairman of India’s Parliamentary Standing Committee on Finance explains that cryptocurrency legislation in India will be “distinct and unique.” He added, “We have to balance stability and growth but…

Continue ReadingIndia’s Cryptocurrency Legislation Will Be ‘Distinct and Unique,’ Says Lawmaker

India Has New Plan to Regulate Cryptocurrencies: Report

India is reportedly working on a new way to regulate cryptocurrencies. “The government is planning to define cryptocurrencies in the new draft bill that also proposes to compartmentalise virtual currencies…

Continue ReadingIndia Has New Plan to Regulate Cryptocurrencies: Report

Indian Regulator Set to Roll Out Blockchain System for Monitoring Financial Instruments

India’s securities and commodity market regulator, the Securities and Exchange Board of India (SEBI) has revealed intentions to increase the use cases of blockchain technology in monitoring financial instruments in…

Continue ReadingIndian Regulator Set to Roll Out Blockchain System for Monitoring Financial Instruments