Employees of smallcase, the capital markets-focused fintech startup, will now enjoy more flexibility and work-life balance. Keeping the best interest of its...
By Vishwadha Chander and Chris Thomas BENGALURU (Reuters) -Indian digital payments leader Paytm, which counts Ant Group and Softbank among its backers, is...
RBI Governor Shaktikanta Das told reporters at an online press conference that there is no change in RBI’s position on crypto trading in India. He said this after the monetary policy statement, adding that they have significant concerns around cryptocurrency, which they have conveyed to the government. India’s Position on Virtual Currencies This is aRead More
HDFC Bank in India today sent out an email to its customers whom it has warned against crypto transactions, to ignore its early warnings. The HDFC bank was among several others that have warned its customers to refrain from any crypto transactions citing a Supreme Court quashed circular from 2018. The bank in its latest
TL;DR Breakdown • Reserve Bank of India clarifies there are no restrictions on cryptocurrencies.• Indian bank users must comply with FEMA. Cryptocurrencies investors are relieved after RBI clarifications about banks not accepting virtual currencies. The Reserve Bank of India clarifies that banks cannot cite the 2018 order prohibiting crypto trading. This announcement comes after banks […]
Indian cryptocurrency holders and users can finally breathe a sigh of relief as RBI released its objection to banks using its old circular to refrain from processing crypto payments. As per the Reserv