Instead of planning a ban, the government should take critical steps to formulate suitable regulatory policies ...

The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 would be tabled in Parliament at the Winter Session starting Monday...

In an interview to a TV channel, the former RBI governor said out of the 6,000 odd crypto currencies, only one or two at best would survive...

The government is planning to introduce The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in the Winter session of the Lok Sabha...

At present, there is no regulation or ban on the use of cryptocurrencies in the country...

The Reserve Bank of India has repeatedly reiterated its strong views against cryptos, saying they pose serious threats to macroeconomic and financial stability...

An internal RBI report on crypto currencies will be ready only next month even as RBI governor Shaktikanta Das has reiterated his opposition to them...

The company has already hired 35 people and plans to increase headcount to 100 in six to nine months...

Digital currency exchanges hope the existing cryptocurrencies can co-exist with CBDC, with the RBI currency getting traded on their platforms...

However, legal changes would be necessary as the present provisions have been made keeping in mind currency in a physical form under the RBI Act, 1934...