The Reserve Bank of India to launch a retail CBDC pilot in December
The digital rupee is intended as a supplement to the current payment system and not its replacement.
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India’s Central Bank RBI Starts Digital Currency Pilot With 4 Banks: Report
India’s central bank, the Reserve Bank of India (RBI), has reportedly asked four banks to pilot the country’s central bank digital currency (CBDC) ahead of its public launch. RBI to…
Binance distances from WazirX as Indian regulators keep chasing crypto
The ownership of WazirX became a hot topic as CZ claimed the deal never went through, but three years later, there’s still no clarity.
Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency
India’s central bank, the Reserve Bank of India (RBI), is working on a “phased implementation of a central bank digital currency (CBDC) in both wholesale and retail segments.” Necessary amendments…
India needs global collaboration to decide on crypto’s future, says finance minister
Indian finance minister reiterated RBI’s stance on the crypto market, claiming it’s driven by speculation.
Indian Central Bank RBI: Cryptocurrencies Are a Clear Danger — Financial Stability Risks Likely to Grow
India’s central bank, the Reserve Bank of India (RBI), sees cryptocurrencies as “a clear danger.” However, the financial stability risks posed by crypto assets currently appear to be “limited.” RBI…
CBDCs can “kill” private crypto: India’s RBI deputy governor to IMF
“One of the reasons it is so successful is because it's simple,” he added while comparing the Unified Payments Interface's (UPI) growth with blockchain technology.
RBI Official: Central Bank Digital Currencies Could Kill Cryptocurrencies
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could “kill whatever little case there could be” for cryptocurrencies, like bitcoin and ether. RBI’s…
India cooperates with IMF on crypto consultation paper
The document, which could define a national framework for digital assets, is almost ready.
India’s Central Bank RBI to Adopt a ‘Graded Approach’ to Digital Currency Launch
India’s central bank, the Reserve Bank of India (RBI), has proposed to adopt a “graded approach” to launching the country’s central bank digital currency (CBDC). The RBI also said it…