By Admin 
Cryptocurrency News: Crypto currency has become a topic of much discussion for the last several days. There has been doubt over the news of regulating it for many days. However, just a few days ago RBI had told that they are not implementing crypto. After which now a recent news is becoming increasingly viral on social media. In which it is being told that the government has approved crypto currency.
What is the news?
Actually, recently a post in the name of Crypto India is becoming increasingly viral on a social media page. In which the photo of Finance Minister Nirmala Sitharaman is included. It is written in this news that the Finance Ministry has given approval to both RBI and SEBI to jointly regulate crypto currency. However, now the truth of this news has come to light from the government itself.
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What is the truth of the viral claim?
A screenshot of this news has been shared through the social media account of government agency PIB Fact Check, on which it is clearly written FAKE. The caption along with this reads, ‘Fake News Alert! A post on social media claims that the Finance Ministry has asked the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) to consider regulating crypto.
⚠️Fake News Alert!
🚨A social media post claims that the Ministry of Finance has asked the Reserve Bank of India (RBI) and Securities & Exchange Board of India (SEBI) to consider regulating crypto.#PIBFactCheck: :
❌This claim is #Fake.
✅ India does not recognize crypto as… pic.twitter.com/yEbCWkG2lQ
— PIB Fact Check (@PIBFactCheck) July 15, 2026
It is further written in the post, ‘According to PIB Fact Check, this claim is fake. India does not consider crypto as an asset. No such instructions have been issued by the Finance Ministry. Always rely only on official sources for verified information. Help PIB FactCheck in blocking suspicious content related to the Government of India.
RBI had issued a statement
Let us tell you that just a few days ago, RBI had told a parliamentary committee that virtual digital assets like cryptocurrency are a threat to an emerging economy like India. He had further pleaded that such assets should not be given legal recognition in the country. Through this, RBI itself has opposed crypto or any virtual currency. So in such a situation, giving such an order by the government itself raises question marks.
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