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 Know | Quick Description |
| Reserve Bank of India | India’s central banking institution, which controls the monetary policy of the Indian rupee |
| Securities and Exchanges Board of India | Regulator for the securities market in India |
List of crypto-related companies and exchanges
| Companies | Exchanges |
| State Bank of india | Zebpay |
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:
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