A Quick Guide to Cryptocurrency-related Regulators and Companies in India

The regulators have been looking into the cryptocurrency ecosystem ever since April 2017 when it set up a panel comprising officials from the finance ministry, the RBI, and India’s market regulator, the Securities and Exchanges Board of India. But earlier this year, India’s cryptocurrency ecosystem was pushed into a corner. The RBI cracked the whip on the exchanges, asking banks to wind up all business relationship with them and investors. www.comedianjoshwolf.com Since then, several exchanges have challenged the RBI in the supreme court.


Important Regulators to Know

Important Regulators to KnowQuick Description
Reserve Bank of IndiaIndia’s central banking institution, which controls the monetary policy of the Indian rupee
Securities and Exchanges Board of IndiaRegulator for the securities market in India

List of crypto-related companies and exchanges

CompaniesExchanges
State Bank of indiaZebpay

comment: India has been one of the late Crypto entrance players in Asia, it is still uncertain how regulators will ultimately rule cryptocurrencies

To learn more about the rest of Asia, start off with our GCR Asia Assessment grid:

Cryptocurrency-related Regulators

Leave a Reply

Your email address will not be published. Required fields are marked *

More from GCR

Announcement

GCR Community Events Recap – ...

GCR ON TWITTER: GCR Research Articles Lens Protocol Milestone GCR new chapter is coming soon!

Insights

Runes: A novel way to ...

What are Bitcoin Runes? Bitcoin Runes, conceived by Casey Rodarmor, the developer behind Bitcoin’s Ordinals protocol, is a token standard tailored for the creation and ...

Insights

Exploring Farcaster & Frames – ...

Farcaster is a decentralized social networking platform similar to Twitter that is based on Optimism, Ethereum’s layer 2. Farcaster’s main goal is to facilitate communication ...