TheCapTable

Sign In

FintechEdTechIPOInternetFood DeliveryE-CommerceCryptoMobilityLogisticsHealthTechInvestmentsGamingPolicyOTTThe CruxSAASB2B-TechAgriTechStrategyAnalysis

Join our mailing list

Our mailers and newsletters give you fresh, though-provoking perspectives into the world of startups and beyond. Don't miss out

Subscribe

TheCapTable

Home About Us Subscription Contact Us

Follow Us

© 2025 The CapTable

Fintech

Official digital currencies in focus as banks lock out crypto exchanges

Pratik Bhakta

May 31, 2021 | 4 Min Read

May 31, 2021 | 4 Min Read

As regulators and banks globally harden their stance against crypto exchanges, the focus is shifting to digital currencies backed by central banks

HDFC Bank and SBI Card have asked customers to not use their cards on crypto exchanges, ICICI Bank has instructed its business arms to stop dealing with crypto exchanges, and Paytm Payments Bank has stopped supporting crypto transactions.

Amidst all this, considerable amount of research is underway in the space of Central Bank Digital Currency (CBDC) in India, an initiative driven by the Reserve Bank of India with support from the federal government.

India is not the only country where the regulators have stepped up pressure on crypto platforms. Similar actions have been reported from China, the United Kingdom and Canada.

sign_in_article

Read this article for free

In addition, access 50+ archived articles and 3 new articles every month

Sign In

Join our community of 100,000+ top executives, VCs, entrepreneurs, and brightest student minds

company1

company2

company3

company4

company5

company6

company7

company8

company9

company1

company2

company3

company4

company5

company6

company7

company8

company9

Trusted by the best

Karthik Reddy

Blume Ventures

The CapTable brings a refreshing set of insights for us at the Blume team, highlighting stories that bring together the underlying business and founders with that of investors' journeys with these startups. It's an important perspective that very few bring to startup ecosystem enthusiasts.

Umang Bedi

VerSe Innovation

The CapTable is an essential resource for Indian startups. Its insightful analysis and diverse perspectives make it a valuable asset for entrepreneurs and investors navigating the startup landscape.

Ashwin Damera

Eruditus

I enjoy reading The CapTable's insightful coverage of the Indian start up ecosystem. The articles are well researched, are deeply analytical and offer a balanced view. The CapTable has deep access to founders and investors and this enables it to publish very insightful commentary. I appreciate the spotlight they are giving to Indian startups. Kudos to the team!

Latest Articles

Delivery disruptors: How 3PLs are rewriting the gig economy playbook

With food delivery and quick commerce booming, putting platforms’ delivery fleets to the test, third-party logistics companies have emerged as unlikely saviours. From bridging capacity gaps for platforms to offering gig workers a better deal, they’re transforming how India's gig economy operates.

Shivani Verma

Google’s Gemini leads India’s AI chatbot race, can AGR relief safe Vi, and Netflix's stellar Q4

While ChatGPT remains the dominant force globally, Gemini has gained significant ground in India since the launch of its multilingual mobile app last June. It accounted for over half of India’s AI chatbot downloads in 2024, while ChatGPT’s share fell to 32%.

Team Captable

Restaurant-aggregator tensions simmer as food delivery growth stalls

As Zomato reports disappointing Q3 numbers in its core business and leans more on quick commerce, restaurants voice concerns over rising platform fees and shrinking delivery radiuses. Their worries highlight growing strains in India's once-booming food delivery sector.

Pranav Balakrishnan

After Razorpay and Cashfree, Paytm and PayU may cut Juspay ties. Is the payment orchestration era over?

Major fintech players are severing ties with payment orchestrator Juspay one year after it received its payment aggregator license. This marks a significant shift in India's digital payments landscape as former partners become competitors.

Nikhil Patwardhan

Patent pending: Why Indian startups aren't racing to protect IP

While India celebrated a record year of patent approvals in 2023, a severe shortage of patent agents and examiners, coupled with lengthy processing times and weak enforcement, continues to hold back the country's intellectual property ambitions.

Parvathi Benu

subscribe_graffiti

Convinced that The Captable stories and insights
will give you the edge?

Convinced that The Captable stories
and insights will give you the edge?

Subscribe Now

If you want to see more, Sign Up for access to our Crux newsletter and several free articles

Sign Up Now