The Reserve Bank of India has denied the creation of a new internal unit dedicated to cryptocurrency, blockchain and artificial intelligence (AI) research. In late August, India’s most-popular financial daily, the Economic Times, reported that the Reserve Bank of India (RBI) had formed a new unit for researching and even regulating disruptive technologies like blockchain. The unit […]

One of the largest cryptocurrency exchanges in India, Zebpay, is shutting down its exchange activities due to the crypto banking ban imposed by the country’s central bank. “At this point, we are unable to find a reasonable way to conduct the cryptocurrency exchange business,” Zebpay wrote. Zebpay Stops Exchange Activities Zebpay announced on Friday the […]