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Reserve Bank of India favors crypto prohibition to curb tax evasion
The RBI wants banks barred from crypto as internal documents show fewer than 25% of Indian crypto traders reported transactions to the tax authority.
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cointelegraph.com
Dubai Tops Asian Crypto Hubs, India Isolates Banks From Crypto: Asia Express
SBI Crypto shuts 12th largest Bitcoin mining pool, India's central bank to firewall banks from crypto, Dubai overtakes Singapore and Hong Kong for licensed crypto firms. Asia…
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thehindubusinessline.com
RBI backs crypto ban, tax department warns of evasion risks
The RBI, which has repeatedly warned about crypto-related risks, reasserted that policies “leaning towards prohibition” may be warranted.
