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The Reserve Bank of India (RBI) has published a Concept Note for its digital rupee development project.
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The Reserve Bank of India (RBI) announced on Friday that it would begin the pilot launch of the e-Rupee for retail transactions.
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India could launch the pilot program for its digital rupee by December 2021, a report by CNBC confirms. Digital Rupee Pilot to Launch by December 2021 India’s central bank, the Reserve Bank of India (RBI) recently made its intentions public…
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RBI Governor Shaktikanta Das told reporters at an online press conference that there is no change in RBI’s position on crypto trading in India. He said this after the monetary policy statement, adding that they have significant concerns around cryptocurrency,…
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India’s central bank clears ambiguity over crypto regulations in the country. Banks Can’t Advise Against Trading in Crypto In a tweet posted today, the Reserve Bank of India (RBI) cleared clouds of confusion regarding the regulatory nature of cryptocurrencies in…
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It was only a matter of when for the Indian central bank to join the CBDC race. RBI Exploring the Need for Digital Rupee According to a booklet on payment systems published by the Reserve Bank of India (RBI) on…
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India continues to oscillate over its stance toward cryptocurrencies as according to a report by The Economic Times, the country is now considering introducing a federal law to put a lasting ban on digital currencies. Back to Square One? After…
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India’s central bank, the Reserve Bank of India (RBI) is putting preparations in top gear to file a review petition in the Supreme Court against the court’s verdict in favor of cryptocurrency trading in the state, reports the Economic Times…
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In a landmark ruling, India’s apex court – the Supreme Court of India – on March 4, 2020, ruled against the Reserve Bank of India’s (RBI) April 2018 diktat that prohibited banks from trading in virtual currencies such as Bitcoin…
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The Reserve Bank of India (RBI), India’s central bank, has become the latest central bank with plans to launch a central bank digital currency otherwise known as CBDC. Despite looking into the possibility of launching a ‘crypto-rupee’, the RBI still…
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An Indian consortium of food companies has entered into a partnership with tech giants to make the beverages and food supply-chain more transparent and safe. This according to a March 4, 2019, report by from the Financial Express. The Opaque…
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Indian IT solutions and services company, Tanla Solutions, has launched a blockchain-powered commercial communication solution to help users avoid fake and spam calls and messages. This according to a report by BusinessLine, February 26, 2019. Say Goodbye to Fake Calls…
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In what will come as a temporary respite, the Indian Ministry of Finance has filed a long overdue counter affidavit to the petition filed by concerned citizens. On October 25, 2018, the Supreme Court of India had directed the counsel…
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A market analysis revealing the number blockchain developers worldwide has placed India in second place to the United States, beating the UK, Canada, and France. According to the results published and procured by UK-based blockchain consulting firm Dappros, it is…
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Indian crypto exchange Unocoin acknowledged that it is launching country’s first crypto ATM, touted to support at least five cryptocurrencies, as reported by Inc42 on October 12, 2018. The news comes in a tensed moment as the country’s highest judicial…
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The Reserve Bank of India’s decision to crack down on the emerging crypto space may have been having the unintended effect of pushing digital currencies back into the underground. Ban Creating a Black Market? On August 29, 2018, the RBI…
