Reserve Bank of India Archives

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Binance Aids India’s Enforcement Directorate in Busting $47.6M Fiewin Gaming Scam

Binance has played a pivotal role in assisting India’s Enforcement Directorate (ED) in dismantling a $47.6 million gaming scam linked to the Fiewin app.

, by Ruholamin Haqshanas

Altcoin News

India’s Central Bank Governor Advises Gradual Nationwide Rollout as CBDC Reaches 5M Users

India's CBDC pilot has surpassed 5 million users, but Reserve Bank of India (RBI) Governor Shaktikanta Das has cautioned against a hasty nationwide rollout.

, by Ruholamin Haqshanas

Altcoin News

WazirX Cancels Open Orders to Resolve Indian Rupee and Crypto Balance Issues

Indian crypto exchange WazirX has canceled all outstanding open orders on its platform to address issues regarding Indian rupee and cryptocurrency balances.

, by Ruholamin Haqshanas

India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban

SEBI has proposed a multi-regulator approach to oversee cryptocurrency trading. In contrast, the RBI seeks a stablecoin ban.

, by Harvey Hunter

India’s Central Bank Working To Boost Retail CBDC Volume Through Offline Capability

The Reserve Bank of India (RBI) is working to expand the use of its Central Bank Digital Currency (CBDC) by actively developing an offline transfer capability. At the BIS Innovation Summit 2024, RBI Governor Shaktikanta Das highlighted an increase in retail transactions using India's digital...

, by Shalini Nagarajan

India’s CBI Conducts Nationwide Search Operation in Crackdown on App-Based Crypto Investment Fraud

The CBI in India has launched a nationwide search operation as part of an ongoing investigation into an app-based crypto scheme.

, by Ruholamin Haqshanas

Survey Reveals 45% of Indian Users with Retirement Plans Are Investing in Crypto

A recent survey conducted by Mudrex has unveiled that nearly half of individuals with retirement plans in India have entered the realm of cryptocurrencies.