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Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI – Exchanges Bitcoin News

The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank of India (RBI), says CEO Brian Armstrong. Coinbase Shares Experience in India Coinbase Global provided an update on its Indian operation during

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India Exploring Commercial Uses for Central Bank Digital Currency, Says Finance Minister – Regulation Bitcoin News

The Indian government is exploring “several commercial use purposes and not just financial inclusion” for its central bank digital currency. India’s finance minister clarified that the aim is for the digital rupee, which will be backed by the Reserve Bank of India (RBI), to be issued by 2023. India’s Finance Minister

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India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks – Regulation Bitcoin News

International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets for the Indian people and businesses.” She met with Indian Finance Minister Nirmala Sitharaman to discuss crypto regulation. IMF’s

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Regulating Crypto Assets Is High on the Agenda for India – Regulation Bitcoin News

A director at the International Monetary Fund (IMF) says that crypto regulation is “certainly high on the agenda” for India. “We are trying to come up with global standards for #crypto asset regulations. I think that’s important for India to also adopt,” said the IMF official. IMF on Crypto Regulation in

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