Rbi On Currency Ban
- All
- News
- Videos
-
Your Top 6 Questions On Withdrawal Of Rs 2,000 Notes Answered
The bank clarified that the Rs 2000 notes will continue to be legal tender even after September 30.
-
RBI Governor Says Next Financial Crisis Will Come from Private Cryptocurrencies
RBI governor Shaktikanta Das said on Wednesday that the next financial crisis would be caused by private cryptocurrencies. He also added that digital currencies have no underlying value and pose risks for macroeconomic and financial stability, and reiterated his view that they should be banned.
-
India Calls for Global Support to Regulate Crypto as RBI Favours Ban, Details Here
Indian finance minister Nirmala Sitharaman told the parliament on Monday that the RBI favours a ban on cryptocurrencies. The development comes at a time when the tax laws around virtual digital assets went live in India, slashing trade volumes on Indian exchanges. At this point, India still awaits laws on the crypto sector.
-
RBI's Views Might Have Delayed Crypto Bill: Deputy Governor Michael Patra
RBI Deputy Governor Michael Patra said the central bank's views about cryptocurrencies might have delayed the government's proposed legislation on crypto assets.
-
Union Budget 2022: Digital Rupee Using Blockchain Technology to Be Launched by RBI in 2022-23
India will be getting its blockchain-backed digital currency this year, Finance Minister Nirmala Sitharaman said in her Union Budget speech on February 1, 2022. The Central Bank Digital Currency or CBDC will be regulated by the Reserve Bank of India. While Sitharaman did not announce any plans of banning the crypto sector, she did reveal a tax on c...
-
''Crypto Assets Have Inverse Relationship With Economic Factors Like Inflation''
Crypto assets continue to derive value based on their utility as a safe and de-regulated financial token, said Mr Sumit Gupta, CEO, CoinDCX - India's leading cryptocurrency exchange
-
Government Will Explore Blockchain for Digital Economy, Union Minister Says About India's Own Cryptocurrency
The government will explore the use of blockchain technology for digital economy, Minister of State for Finance Anurag Singh Thakur said on Tuesday. The latest comments come just days after the government listed a bill titled “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021” that is to provide a framework for creation ...
-
Government Proposes To Launch Official Digital Currency: What Experts Say
Digital Currency In India: Many central banks across the globe are exploring ways to regulate cryptocurrencies but no major economy has taken the step of placing a blanket ban on owning them
-
RBI May Explore Cryptocurrency Operations: What Experts Seek From Budget
Budget 2021: The Reserve Bank of India is exploring the possibility as to whether there is a need for a digital version of fiat currency, according to its recent booklet on payment systems
-
Supreme Court Lifts RBI Ban On Trading In Cryptocurrency: 10 Points
The Supreme Court on Wednesday allowed dealing in cryptocurrency, quashing an earlier ban imposed by the Reserve Bank of India (RBI) on trading in virtual currencies such as Bitcoin. The development came as a major relief for the sector, as the RBI ban restricted lenders from facilitating banking transactions for cryptocurrency exchanges and trader...
-
Government Panel Recommends Ban On Cryptocurrency
The panel was set up in 2017 by the then finance minister, Arun Jaitley, after reports of extensive money laundering with the use of digital currencies
-
Nepal Writes To RBI To Declare New Indian Currency Legal In The Country
Nepal has asked the RBI to declare newly circulated Indian currency notes of denominations higher than Rs 100 legal tender in the country, according to media report on Sunday.
-
RBI Lays Out Rules To Make Seamless Payments Between Different Mobile Wallets
Mobile wallets have become popular after a ban on high-value currency in late 2016 pushed people to pay digitally.
-
Where's The Black Money? Almost All Banned Notes Returned: Foreign Media
Indian Prime Minister Narendra Modi's efforts to weed out black money through a ban on high-value currency notes haven't yielded the desired results.
-
Air Force Spent 29 Crore To Ferry Currency After Notes Ban: RTI
Over Rs 29.41 crore was spent on using the Indian Air Force's ultra-modern transport aircraft - the C-17 and the C-130J Super Hercules - to ferry the newly-issued Rs 2,000 and Rs 500 currency notes post-demonetisation, according to an RTI reply.
-
Your Top 6 Questions On Withdrawal Of Rs 2,000 Notes Answered
The bank clarified that the Rs 2000 notes will continue to be legal tender even after September 30.
-
RBI Governor Says Next Financial Crisis Will Come from Private Cryptocurrencies
RBI governor Shaktikanta Das said on Wednesday that the next financial crisis would be caused by private cryptocurrencies. He also added that digital currencies have no underlying value and pose risks for macroeconomic and financial stability, and reiterated his view that they should be banned.
-
India Calls for Global Support to Regulate Crypto as RBI Favours Ban, Details Here
Indian finance minister Nirmala Sitharaman told the parliament on Monday that the RBI favours a ban on cryptocurrencies. The development comes at a time when the tax laws around virtual digital assets went live in India, slashing trade volumes on Indian exchanges. At this point, India still awaits laws on the crypto sector.
-
RBI's Views Might Have Delayed Crypto Bill: Deputy Governor Michael Patra
RBI Deputy Governor Michael Patra said the central bank's views about cryptocurrencies might have delayed the government's proposed legislation on crypto assets.
-
Union Budget 2022: Digital Rupee Using Blockchain Technology to Be Launched by RBI in 2022-23
India will be getting its blockchain-backed digital currency this year, Finance Minister Nirmala Sitharaman said in her Union Budget speech on February 1, 2022. The Central Bank Digital Currency or CBDC will be regulated by the Reserve Bank of India. While Sitharaman did not announce any plans of banning the crypto sector, she did reveal a tax on c...
-
''Crypto Assets Have Inverse Relationship With Economic Factors Like Inflation''
Crypto assets continue to derive value based on their utility as a safe and de-regulated financial token, said Mr Sumit Gupta, CEO, CoinDCX - India's leading cryptocurrency exchange
-
Government Will Explore Blockchain for Digital Economy, Union Minister Says About India's Own Cryptocurrency
The government will explore the use of blockchain technology for digital economy, Minister of State for Finance Anurag Singh Thakur said on Tuesday. The latest comments come just days after the government listed a bill titled “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021” that is to provide a framework for creation ...
-
Government Proposes To Launch Official Digital Currency: What Experts Say
Digital Currency In India: Many central banks across the globe are exploring ways to regulate cryptocurrencies but no major economy has taken the step of placing a blanket ban on owning them
-
RBI May Explore Cryptocurrency Operations: What Experts Seek From Budget
Budget 2021: The Reserve Bank of India is exploring the possibility as to whether there is a need for a digital version of fiat currency, according to its recent booklet on payment systems
-
Supreme Court Lifts RBI Ban On Trading In Cryptocurrency: 10 Points
The Supreme Court on Wednesday allowed dealing in cryptocurrency, quashing an earlier ban imposed by the Reserve Bank of India (RBI) on trading in virtual currencies such as Bitcoin. The development came as a major relief for the sector, as the RBI ban restricted lenders from facilitating banking transactions for cryptocurrency exchanges and trader...
-
Government Panel Recommends Ban On Cryptocurrency
The panel was set up in 2017 by the then finance minister, Arun Jaitley, after reports of extensive money laundering with the use of digital currencies
-
Nepal Writes To RBI To Declare New Indian Currency Legal In The Country
Nepal has asked the RBI to declare newly circulated Indian currency notes of denominations higher than Rs 100 legal tender in the country, according to media report on Sunday.
-
RBI Lays Out Rules To Make Seamless Payments Between Different Mobile Wallets
Mobile wallets have become popular after a ban on high-value currency in late 2016 pushed people to pay digitally.
-
Where's The Black Money? Almost All Banned Notes Returned: Foreign Media
Indian Prime Minister Narendra Modi's efforts to weed out black money through a ban on high-value currency notes haven't yielded the desired results.
-
Air Force Spent 29 Crore To Ferry Currency After Notes Ban: RTI
Over Rs 29.41 crore was spent on using the Indian Air Force's ultra-modern transport aircraft - the C-17 and the C-130J Super Hercules - to ferry the newly-issued Rs 2,000 and Rs 500 currency notes post-demonetisation, according to an RTI reply.
