Reserve Bank of India

The Reserve Bank of India controls nearly 10% of the global forex reserves. Discover how this impacts India's crypto regulatory landscape.

21Shares·

7 months ago

Crypto Market Sentiment for 2025-05-29

Market Overview The overall market sentiment reflected in the news headlines is positive, primarily highlighting significant advancements and developments in the cryptocurrency and blockchain sectors. Key Events and Trends Ethereum’s Market Performance:

8 months ago

Crypto Market Sentiment for 2025-05-06

Current Cryptocurrency Market Sentiment Overall market sentiment in the recent cryptocurrency landscape appears to be mixed. Positive Developments Positive developments include the successful Ethereum Pectra upgrade and the introduction of Ethena Labs’

Binance·Bitcoin·Coinbase·Donald Trump·

8 months ago

Supreme Court of India Raises Alarm Over Bitcoin Regulation, Compares it to Hawala

Bail Proceedings and Supreme Court’s Concerns In a recent bail proceeding concerning a cryptocurrency-related case, the Supreme Court of India expressed serious reservations regarding the lack of regulation surrounding Bitcoin trading, likening

Prospective Regulations on Stablecoins Signal Shift in India’s Crypto Policies

Regulating Stablecoins in India As it prepares its Economic Survey for the fiscal year 2025-2026, the Indian government is contemplating the possibility of regulating stablecoins, according to insiders. This potential regulation signifies

1 month ago

Legal

India Partners with Polygon to Create Sovereign-Backed Digital Asset ARC

Introduction of the Asset Reserve Certificate (ARC) The Indian blockchain scaling network Polygon has partnered with fintech firm Anq to introduce a new digital token named the Asset Reserve Certificate (ARC). This

1 month ago

Legal

India Plans to Introduce RBI-Supported Digital Currency to Counter Unregulated Cryptocurrencies

Introduction to India’s Digital Currency The Indian government is set to launch a digital currency supported by the Reserve Bank of India, a strategic move aimed at curbing the use of private

3 months ago

Legal

India Intensifies Oversight of Cryptocurrency Exchange Operations

Significant Actions Against Cryptocurrency Sector The Financial Intelligence Unit of India (FIU-IND) has taken significant action against the cryptocurrency sector by issuing compliance notices to 25 trading platforms, including notable names such

3 months ago

Bitcoin·Legal

India Faces Regulatory Deadlock Amid Rapid Global Advances in Stablecoin Adoption

India’s Web3 Landscape and Regulatory Challenges India’s burgeoning Web3 landscape is currently hindered by bureaucratic disputes, which experts claim are preventing the country from realizing potential economic gains in the trillions. While

4 months ago

Legal

India’s Tax Authority Engages Crypto Platforms for Insights on Proposed Tax Revisions and TDS Challenges

CBDT Engages with Cryptocurrency Platforms The Central Board of Direct Taxes (CBDT), India’s principal tax authority, is taking proactive steps to engage with local cryptocurrency platforms as discussions about a tailored tax

4 months ago

Bitcoin·Legal

Is India on the Brink of New Cryptocurrency Legislation? CBDT Seeks Input from Local Players

Introduction In a significant move by the Indian government, the Central Board of Direct Taxes (CBDT) has opened a dialogue with domestic cryptocurrency firms regarding the potential need for a new regulatory

4 months ago

Bitcoin·Legal

Democratic Lawmakers Blast Crypto as a Scam, Advocate for CBDC

Democratic Lawmakers Condemn Cryptocurrencies During a press conference held on Wednesday, Democratic lawmakers in the United States openly condemned cryptocurrencies, labeling them as “scams” and advocating for the introduction of a central

5 months ago

Bitcoin·Legal

Crypto Market Sentiment for 2025-06-07

Cryptocurrency Market Sentiment The overall market sentiment in the recent cryptocurrency news is mixed, with both positive and negative developments influencing investor perceptions. Positive Trends Ethereum Activity: Ethereum’s on-chain activity is reportedly

7 months ago

Digest