News India Cryptocurrencies: India’s central bank wants to ban cryptocurrencies, government says
India’s central bank wants to ban cryptocurrencies, the government told the parliament on Monday, raising more uncertainty about the future of the nascent virtual digital asset in the world’s second ...
News India Cryptocurrencies: RBI tells parliamentary panel cryptocurrencies should not be legalised in India, cites risks to economy
The Reserve Bank of India has reiterated its opposition to legalising cryptocurrencies, telling a parliamentary panel that virtual digital assets pose significant risks to an emerging economy and could facilitate illicit activities such as terror financing and narcotics smuggling. While the RBI highlighted global regulatory approaches, the Institute of Chartered Accountants of India advocated a comprehensive legal framework with clear accounting, auditing and disclosure standards for virtual digital assets.
News India Cryptocurrencies: Why cryptocurrencies will continue to grow in India
The future of cryptocurrencies in India appears uncertain but that has not deterred young Indians from embracing the so-called 'fourth industrial revolution' world, where interconnectivity and smart ...
News India Cryptocurrencies: Are blockchain ETFs proxies for investing in cryptocurrencies? Not really
What is a Blockchain ETF? Blockchain got tied up with cryptocurrencies mainly due to Bitcoin. The world’s largest coin with a market capitalisation of over $600 billion is built ...
