Cryptos Not Valid Currency Says Indian Central Bank in Court

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According to the RBI, (Reserve Bank of India) the country cannot recognize cryptocurrency. These were the views of India’s Central Bank during a hearing before the Supreme Court on Wednesday regarding cryptos. The Case surrounding Cryptos A number of exchanges initiated the case against the RBI. This followed after the bank blocked their access to … Continue reading “Cryptos Not Valid Currency Says Indian Central Bank in Court”

Indian Central Bank: From Cryptocurrency Foe to Adopter

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Ironically, India was among the chief foes of cryptocurrencies in the past. Only this year it nearly banned the digital assets in the huge country. Yet now India appears to have done an about face. New Delhi is planning its own national cryptocurrency to fill the void left by its crushed crypto-rivals. In June of … Continue reading “Indian Central Bank: From Cryptocurrency Foe to Adopter”

Cryptocurrenies Get Closer to Mainstream In India with Possible Government Adoption

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India has not been a friend to cryptocurrencies of late. Their biggest claim to fame in the space surrounds their infamous decentralized cryptocurrency banking ban. Yet things appear to be changing here lately. The government of India is now seriously considering creating its own cryptocurrency. They would use these for processing various financial transactions throughout … Continue reading “Cryptocurrenies Get Closer to Mainstream In India with Possible Government Adoption”