Tag: Reserve Bank of India
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India Cracks Down On 9 Global Crypto Exchanges Including Binance, Kraken
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India’s Financial Intelligence Unit has issued compliance show cause notices to nine foreign crypto exchanges, including crypto giant Binance and Huobi,...
Indian central bank says there is no ‘upside’ to legalizing crypto
Indian financial regulators continue to express significant reservations about the integration of cryptocurrencies into the country’s economic framework and believe there is no economic...
RBI Discusses CBDCs for Cross-Border Payments with HKMA, US Fed, and SWIFT – Fintech Singapore
by Fintech News Singapore December 11, 2023 The Reserve Bank of India (RBI) has initiated discussions...
Finovate Global Philippines: Insurtech, SuperApps, and Turning Corner Shops into Banking Hubs – Finovate
Philippines-based digital bank Tonik has entered the insurance business. The neobank announced a new strategic partnership this week with life insurance company Sun...
Central Banks Buy 77 Tonnes of Gold in August, Helping to Offset Impact of Rising Bond Yields
Central banks around the world continue to be a major force in the gold market, helping the precious metal maintain its long-term support levels...
What is Digital Rupee: RBI Digital Currency
Central
banks around the world are considering the formation of their own digital
currencies amid the ever-changing cryptocurrency ecosystem. Among these, the
Reserve Bank of India (RBI)...
Binance.US CEO calls it quits amid major layoffs
In this issueShakeup at Binance.USNFT: Ethereum projects at riskIndia’s crypto stand: Decision loomsFrom the Editor’s DeskDear Reader,We here at Forkast are big fans of...
India Leads ‘G20 Nations’ in Embracing Crypto Regulation
After hosting the G20 Conference, India has made progress in cryptocurrency regulation. The country has officially approved their suggestions as a show of support...
Coinbase Disallows New Sign-ups in India (Report)
The leading cryptocurrency exchange – Coinbase – has reportedly disabled new customer sign-ups on its platform in India.
However, the company remains committed to...
Billion-Dollar Economy India Won’t Ban Bitcoin – CryptoInfoNet
India is exploring a positive tilt to regulate, rather than ban Bitcoin or crypto in general.The country’s influence is also pushing the G20 toward...
Coinbase To Halt Exchange Services In India Amid Regulatory Challenges – CryptoInfoNet
Coinbase, a cryptocurrency exchange, has begun notifying its Indian users of its decision to stop all exchange services in the country due to...
YES BANK Expands e-Rupee Acceptance with UPI QR Code Integration – Fintech Singapore
India’s YES BANK has enabled Unified Payments Interface (UPI) interoperability on the Reserve Bank of India’s (RBI) Central Bank Digital Currency (CBDC) app.This enables...