Tag: rbi

  • Swift
    Blockchain

    SWIFT Partners With MonetaGO to Bring Blockchain to Indian Banking System

    SWIFT has announced a pilot program in partnership with MonetaGo to explore distributed ledger technology in its financial messaging service. The company’s Indian subsidiary will experiment the technology with local customers banks which will use a shared distributed ledger network designed to improve the efficiency and security of their...

    Ricardo Esteves | November 22, 2018 | 9:00 am
  • Cryptocurrency
    Crypto

    Indian Government to Draft Cryptocurrency Regulation Next Month

    The Indian government is reportedly getting ready with draft regulations on cryptocurrencies next month. The finance ministry set up a panel in November 2017 for the purpose of preparing a regulatory framework on the issue, but the central bank has created a hostile environment for digital currency trading...

    Ricardo Esteves | November 20, 2018 | 11:00 pm
  • Crypto
    Crypto

    Major Indian Crypto Exchange CEO Openly Asks Gov’t to Regulate Crypto

    Nischal Shetty, the CEO of Indian crypto exchange WazirX, has reached out to a top lawmaker to look into the regulation of Bitcoin and similar digital assets. The blockchain entrepreneur requested India’s finance minister Arun Jaitley to focus more on crypto’s potential benefits than its minimalistic misuses. Saying...

    Davit Babayan | November 20, 2018 | 12:00 am
  • Cryptocurrency
    Technology

    Will India Finally See Cryptocurrency Regulations in Place By End of 2018?

    Cryptocurrency regulations in India have been a source of uncertainty for the markets since the government’s unprecedented tirade against crypto that began this past April. However, it’s reported that the government is now likely to finalize some common sense regulatory measures starting in late 2018. A finance ministry...

    Cole Petersen | August 13, 2018 | 6:00 pm
  • ripple india
    Industry

    Ripple Claims its 50% Share in India is Inroad to Global Market

    A representative of Ripple recently discussed the company’s strategy which allowed them to capture 50% of India’s crypto market. Ripple has 50% Share of Indian Market Senior Vice President of Product at Ripple, Asheesh Birla, spoke on a panel at the Wharton School of Business about how Ripple...

    John McMahon | July 11, 2018 | 2:00 pm

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