Rupee To Crypto Latest Crypto News Bitcoin & Blockchain in India

Saturday, 1 November 2025

Today’s Gold Price

 

 

 


 

 

Today’s Gold Price

In India, the price of 24-carat gold is around ₹ 12,328 per gram, and 22-carat gold is about ₹ 11,300 per gram.

Globally, spot gold is trading at roughly US $4,100 per troy ounce, with a year-on-year rise of nearly 100%. 


Gold remains underpinned by a combination of inflationary pressures, geopolitical risk, central bank buying and a weaker US dollar — all factors that strengthen gold’s appeal as a safe-haven asset.


One-Year Outlook for Gold


Looking ahead, most analyst forecasts remain bullish , though with caveats. Some key forecasts:
 

J.P. Morgan projects gold could average US $5,055 per ounce by late 2026

Morgan Stanley sees it rising to around US $4,400 per ounce by end-2026.

 

Goldman Sachs has a baseline target of US $4,000 by mid-2026, with higher potential if major macro risks unfold. 


On the conservative end, some forecasters warn of flat or slightly lower near-term prices if interest rates stay high and investor risk appetite returns. 

 For an investor in India, this could imply the rupee/gram gold rate may cross ₹ 13,000-₹ 14,000 per gram (24 K) over the next 12 months assuming global USD gold moves higher and the rupee does not strengthen significantly.

 

Future of  Gold & Crypto


Gold     Often seen as a hedge against inflation, currency devaluation and systemic risk. It doesn’t provide yield, so its attractiveness depends heavily on macro-conditions                                                           (like low interest rates, weak dollar, central bank buying).

Cryptocurrency     These are digital assets built on blockchain technology, typically decentralized and not backed by a central bank. They have very high volatility, speculative demand and significant regulatory and technology risks. For example, the Reserve Bank of India has repeatedly flagged cryptocurrencies as a risk to monetary stability. 

Gold tends to be a store of value in turbulent times crypto is more of a speculative asset with high upside and high risk. For prudent investing, many advisers suggest allocating only a modest portion to crypto, and keeping traditional safe-assets like gold as part of a diversified portfolio.

 

 

 

Disclaimer

This article is for educational and informational purposes only. It does not constitute financial or investment advice. Cryptocurrency and Gold investments are subject to market risks. Always do your own research (DYOR) and consult a certified financial advisor before investing.

 

 

 

 

 

 

 

 

 

 

 

 

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Thursday, 30 October 2025

Russia Moves Toward Legal Crypto Exchanges as Regulation Tightens

 

 

 


 

 

Russia’s central bank has signaled a formal pivot toward regulating crypto trading platforms, as officials prepare legislation to bring the vast “exchange” market under state oversight.

Speaking before the Federation Council, First Deputy Governor Vladimir Chistyukhin said the Central Bank of Russia’s goal is to “whitewash” the crypto exchange sector and curb its use for illicit finance.

“It seems to us that the task of the government, the Central Bank, is to create legislation as quickly as possible that directly describes and whitewashes this area, and define the rules for carrying out operations so that no laundering operations related to the financing of terrorism pass through this,” Chistyukhin said, according to state news agency TASS.

“Then it is quite possible that we will see that settlements, and international settlements in cryptocurrencies in the legal space according to established criteria are developing very actively.”

The comments mark Moscow’s most apparent acknowledgement yet that crypto trading, long tolerated in the grey zone, must now be legalized and supervised. 

The move follows the country’s earlier legalization of crypto mining and comes as Russia seeks to capture tax revenue from the fast-expanding digital economy.

From pilots to policy

Russia has already begun building a national registry of mining operators. Finance Minister Anton Siluanov said the next step will be taxing crypto settlements, paired with formal rules for trading venues and exchanges.

The CBR has also allowd limited experiments in using crypto for cross-border payments, an acknowledgement of the sanctions-driven reality in which many Russian banks remain cut off from global payment networks. 

The central bank’s Governor, Elvira N has said that digital financial assets and cryptocurrencies will operate within a controlled legal framework, underscoring the state's efforts to integrate crypto activity into formal finance.

Why crypto matters in Russia

Russia is now Europe’s largest crypto market by transaction volumeData is show that Russian users received about $376bn in crypto value over the past year, outpacing the UK and Germany, as both institutional transfers and DeFi adoption surged.

Crypto’s popularity is also tied to domestic constraints. With capital controls limiting foreign transfers and the ruble under pressure, digital assets have become a key channel for remittances, international trade, and savings.

A major driver is the A7A5 ruble-backed stablecoin, whose daily transfer volume now exceeds $1bn. Elliptic data describes A7A5 as a growing bridge between ruble liquidity and global stablecoins such as USDT, allowing sanctioned entities to move value beyond traditional banking rails.

The sanctions backdrop

Western sanctions have increasingly targeted Russian crypto facilitators and stablecoin issuers, including those tied to A7A5. That pressure is pushing Moscow to develop domestic, supervised platforms that can provide compliance while preserving cross-border functionality.

Officials have also floated the idea of a state-linked stablecoin and broader integration of blockchain settlements through major banks such as Sberbank, which recently launched digital-asset custody and tokenised bond pilots.

Chistyukhin’s comments suggest that by 2026, Russia could introduce licensing for both crypto exchanges and OTC “exchangers.” The framework would require customer identification, transaction monitoring, and data sharing with authorities.

If implemented, the plan would formalise a market already operating at a massive scale, anchoring Russia’s mining output, stablecoin flows, and digital trade inside a regulated perimeter that merges compliance with control.

 

 

Disclaimer

This article is for educational and informational purposes only. It does not constitute financial or investment advice. Cryptocurrency investments are subject to market risks. Always do your own research (DYOR) and consult a certified financial advisor before investing.

 

 

 

 

 

#BitcoinWallet,#CryptoWallet,#DigitalWallet,#BTCStorage,#HODLBitcoin,

#SecureYourCrypto,#BlockchainWallet,#CryptoSecurity,#BitcoinSavings,#CryptoSafe

 

 

BS BFSI Insight Summit 2025 on cryptocurrencies in India.

 

 

   

Here are some key takeaways from the BS BFSI Insight Summit 2025 (Day 2) on cryptocurrencies in India.



Industry experts emphasized the urgent need for regulatory clarity in the crypto/domestic digital-asset ecosystem in India.

 

They also called out a lack of investor education, particularly in understanding the technical architecture, risk profile and governance of crypto instruments.


 The absence of clear licensing and regulatory frameworks risks pushing innovation and talent overseas.

 Stable coins and tokenisation were highlighted as important frontiers where regulation is lacking, especially for INR backed stable coins.


 While fintech in India is relatively regulated, the crypto-asset side still operates in a “grey zone” with weaker oversight.

Without clear rules, investors may be exposed to high risk (lack of protections, uncertain legal recourse).

Talent and startups could migrate out of India if they feel the regulatory environment is unfriendly or unclear.

India’s potential in Web3, blockchain and digital assets could be hindered by regulatory lag which affects innovation, competitiveness and domestic value-creation.

From a macro perspective, if token isation, stable coins & blockchain do scale, these can influence payments, cross-border flows and monetary sovereignty  so clarity is vital.


What regulatory model India will adopt (single regulator vs multiple) and how quickly

Creation of investor education programmed e.g., explaining risks, custody issues, token types, governance.

 How fintech/crypto firms align with regulation, how they build transparency (proof of reserves, disclosures).

Monitoring how stable coins infrastructure evolve and whether INR backed solutions emerge.

How regulatory clarity affects talent retention, startup growth an  domestic innovation.



Disclaimer

This article is for educational and informational purposes only. It does not constitute financial or investment advice. Cryptocurrency investments are subject to market risks. Always do your own research (DYOR) and consult a certified financial advisor before investing.






 

#BitcoinWallet,#CryptoWallet,#DigitalWallet,#BTCStorage,#HODLBitcoin,

#SecureYourCrypto,#BlockchainWallet,#CryptoSecurity,#BitcoinSavings,#CryptoSafe


 

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