Every Zipp story tagged #RBI, newest first.
India's central bank wants to bar regulated lenders from holding or trading any crypto, with privately issued stablecoins singled out as the spillover risk worth choking first.
The Reserve Bank wants prohibition-leaning policy as tax officials flag that under a quarter of 645,000 crypto users reported transactions, even as India still hosts roughly 39 million investors…
India hosts 39M crypto holders and $2.1B in digital assets, yet the central bank keeps lobbying for prohibition while tax authorities flag widespread underreporting and offshore tracking gaps.
India's central bank wants a near-total block on crypto, framing the stance as prohibition rather than regulation.
WuBlockchain
TheBlock
CoinDesk
CoinTelegraph