Reserve Bank of India

Legal

Crypto Startup Files Petition Against India’s Central Bank Ban

An Indian startup is taking the country's central bank to court over its decision to bar banks from dealing with crypto businesses.

Policy & regulation  ·  18 April 2018
Regulation

RBI Bars Banks From Doing Business With Crypto Firms

The Reserve Bank of India announced today that the entities it regulates will be banned from dealing with cryptocurrency.

Policy & regulation  ·  5 April 2018
Digital Currency

India’s Central Bank Sounds the Alarm (Again) on Bitcoin

The Reserve Bank of India (RBI) has issued a new warning on cryptocurrencies, the second time this year the central bank has done so.

Markets  ·  6 December 2017
India

Indian Central Bank Studies ‘Fiat Cryptocurrency’ for Digital Rupee

The executive director of the Reserve Bank of India has confirmed that research into a "digital rupee" is still ongoing.  

Business  ·  13 September 2017
India

Central Bank-Backed Group Plans Blockchain Platform Launch in India

Researchers in India supported by the country's central bank are planning to launch a new blockchain platform this year.

Business  ·  1 September 2017
Bitcoin

Despite Reports, India’s Bitcoin Policy Hasn’t Changed

Media sources in India reported that the government had been deemed illegal, causing a stir that ultimately proved to be overblown.

Policy & regulation  ·  31 March 2017
India

Indian Central Banker: Potential of Blockchain Currencies ‘Overstated’

A deputy governor for the Reserve Bank of India critiqued digital currencies such as bitcoin in a speech today.

Markets  ·  1 March 2017
India

RBI Calls on Indian Banks to Explore Blockchain

A member of India's central bank has encouraged further collaboration between banks and startups to advance blockchain tech.

Business  ·  22 July 2016
Regulation

Financial Stability Board Seeks ‘Better Understanding’ of Blockchain Tech

The Financial Stability Board, a group of central bank governors and financial regulators, has begun working on blockchain technology issues.

Policy & regulation  ·  9 February 2016
Regulation

Timeline: An Overview of Bitcoin in India

An interactive timeline providing a detailed history of bitcoin-related events in India to date.

Markets  ·  3 September 2015
Regulation

Indian Central Bankers Go Public With Bitcoin Views

Several officials from India’s central bank have spoken out about cryptocurrencies during recent conference appearances.

Policy & regulation  ·  25 August 2015
Regulation

India’s Central Bank Could One Day Use Digital Currency, Chief Says

Reserve Bank of India governor Raghuram Rajan spoke out on bitcoin at a televised event late last week.

Policy & regulation  ·  30 December 2014
Regulation

Chain Reflects on the Growing Role of Bitcoin APIs  in 2014

Chain's Eric Rykwalder examines how bitcoin APIs have been a boon for developers over the last year, and looks ahead to what 2015 might bring.

Tech  ·  30 December 2014
Regulation

Launch of Indian Digital Currency Laxmicoin Postponed Following Raids

The India-focused digital currency is on hold pending a statement on cryptocurrencies by the Reserve Bank of India.

Policy & regulation  ·  25 February 2014
Regulation

India’s Government Claims the RBI is Examining Virtual Currencies

The Reserve Bank of India (RBI) is reportedly examining the legal and security impact of virtual currencies.

Policy & regulation  ·  12 February 2014