• Market Cap: $266b

  • May 05, 2024

Ripple Exec Weighs in on RBI’s Crypto-Ban, Predicts It Will Be Reversed Soon!

Dilip Rao, Ripple’s global head of infrastructure innovation has commented that it is likely that the Reserve Bank will be reversing the crypto-ban soon.

RBI Accepts No Research Was Involved in Issuing Circular Denying Banking Services to Crypto Businesses

A Right to Information query has revealed that the Reserve Bank of India (RBI) issued the April crypto-circular without a proper research

Supreme Court of India To Take Up All Crypto-Petitions, No New Petitions to be Allowed

India's Supreme Court has stated that the High Courts will no longer accept any petitions against the RBI’s order - the SC will take up all pending petitions.

Kali Digital Ecosystems’ Writ Petition Against RBI’s Anti-Crypto Circular Accepted By Delhi High Court

The Delhi High Court has officially accepted the writ petition filed by Kali Digital Ecosystems and will be holding a hearing on the 24th of May.

Indian Cryptocurrency Startup Claims RBI’s Restrictions are Unconstitutional, Files Writ Petition

Kali Digital Eco-Systems has filed a writ petition in the Delhi High Court against RBI's decision to restrict banking services to those dealing with cryptocurrencies.

Indian Crypto Market Presents Opportunity for Peer-to-Peer Exchanges

The Peer-to-Peer Exchange, fondly known as P2P Exchange eliminates bank involvement all together! Paxful enables over 300 payment methods for Indian citizens.

Are Indian Governmental Authorities Confused Regarding Cryptocurrencies and Accidentally Promoting Money Laundering?

On one hand, aims at developing its own crypto tokens, while on the other hand, it takes premature decisions to hamper crypto growth in the country.

Petition To Reverse Indian Central Bank’s Crypto Ban Gains Over 22,000 Signatures

A petition was filed in response the directions of RBI to stop providing services to those involved in cryptocurrencies.

Is Bitcoin/Cryptocurrency Illegal in India finally? What to do next?

Short info update on legal status of Bitcoin & Cryptocurrency in India.

Reserve Bank of India Directs Banks To Stop Providing Services To Those Involved in Cryptocurrencies

The Reserve Bank of India has now issued a directive to all ‘regulated entities’ which includes banks as well as authorized payment wallets to stop dealing with those who trade cryptocurrencies.