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India Studying Digital Currency, Extends Crackdown on Crypto The Reserve Bank of India has set up a panel to study the desirability and feasibility of introducing a virtual currency, and the group will submit its report by the end of June, the RBI said in a statement on Thursday. However, it also said it is banning banks and other regulated entities from providing ...
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United States: US Government To Include Digital Currency Addresses On List Of Sanctioned Parties The U.S. Government is considering adding digital currency addresses affiliated with individuals and entities identified to the List of Specially Designated Nationals and Blocked Persons ("SDN List"). This would put U.S. persons on notice that doing business with those digital addresses may be ...
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Reserve Bank of India cracks down on bitcoins, plans to introduce central bank digital currency Mumbai: The Reserve Bank tightened the rules to discourage use of virtual currencies like Bitcoins and also announced a study to explore introduction of fiat digital currencies which can be issued by it. An interdepartmental group has been constituted to study and provide guidance on the "desirability ...
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