Reserve Bank of India Is Building a Banking Platform on Blockchain
The Reserve Bank of India (RBI) has announced it is developing a banking platform built on blockchain as part of its R&D branch. It is expected to launch next year.
The Reserve Bank of India’s Regulatory Sandbox Accepts Blockchain, Excludes Crypto
The Reserve Bank of India (RBI) has announced the terms of its regulatory sandbox in report on April 18. Per the terms of the sandbox, various applications of blockchain technology can be tested, while cryptocurrency-related projects are clearly excluded.
Indian Crypto Exchange Zebpay Halts Trading Over Banking Ban
Zebpay, once the largest cryptocurrency exchange by trading volume in India, has announced it is halting its trading service later today.
‘Shouldn’t Be Allowed at All’: Former Indian Finance Ministry Official Skeptical of Bitcoin Regulation
Shaktikanta Das, a key member in the Indian finance ministry, has come out against cryptocurrencies, stating that it will be extremely difficult to bring them under regulation.