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Mumbai Launches Metropolis Metaverse to Showcase Infrastructure Projects
20.2.2024
Mumbai, the bustling financial hub of India, has introduced a metaverse initiative aimed at showcasing its latest and upcoming city-wide infrastructure megaprojects.
The post Mumbai Launches Metropolis Metaverse to Showcase Infrastructure Projects appeared first on Cryptonews
Indian National Payments Corporation Exec Optimistic on RBI’s CBDC Efforts
20.2.2024
Dilip Asbe said the Reserve Bank of India’s new central bank digital currency (CBDC) plans could drive the next fintech wave.
The post Indian National Payments Corporation Exec Optimistic on RBI’s CBDC Efforts appeared first on Cryptonews
RBI Governor Suggests Offline Initiatives to Drive Digital Rupee Adoption in Remote Areas
8.2.2024
Reserve Bank of India (RBI) Governor Shaktikanta Das has suggested using offline solutions to boost the adoption of the central bank’s digital rupee in remote areas. The RBI will evaluate various offline solutions, including proximity and non-proximity-based options, in hilly, rural,...
Reserve Bank of India Furthers CBDC Efforts: Report
2.2.2024
The Reserve Bank of India (RBI) is now exploring tech solution for privacy concerns of central bank digital currency (CBDC). According to an insider who is familiar with the government’s CBDC moves, India is making progress in CBDCs with caution. The unnamed source told CoinDesk that the central...
India CBDC Insider Reveals Current Stance of Country's Central Bank
2.2.2024
India’s central bank is taking a very cautious approach in developing its digital rupee, a senior official familiar with India’s central bank digital currency (CBDC) pilot programs told CoinDesk, though it's making some progress
India's Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks
4.1.2024
CoinDesk has viewed a letter dated Dec. 29 by the Reserve Bank of India (RBI) Governor Shaktikanta Das to staff that said the usage of the e-rupee (CBDC) "exceeded the milestone of 1 million transactions in a day on Dec. 27, 2023." A separate letter from one of the banks participating in...
Indian Government is Actively Collaborating With Crypto Industry: Liminal Custody’s Country Head
19.12.2023
Manhar Garegrat, Country Head Liminal Custory As we conclude 2023, the Indian and global crypto industry went through quite a few milestones in terms of regulatory developments. In an exclusive interview with CryptoNews, Manhar Garegrat, the Country Head for India and Global Partnerships of Liminal...
India's Central Bank Launches Wholesale CBDC Pilot For Inter-Bank Borrowing
20.10.2023
The Reserve Bank of India has initiated a wholesale Central Bank Digital Currency (CBDC) pilot program for inter-bank borrowing.
The central bank had earlier announced its plans to test the wholesale CBDC, with the pilot now underway as of October. RBI’s executive director Ajay Kumar Choudhary...
India working on 5-point crypto legislation as ban is ruled out
11.9.2023
Indian crypto platforms could attain similar status as authorized dealers (similar to banks) under the guidelines of the Indian Central Bank RBI
India's Central Bank Explores New Features to Boost Digital Rupee Adoption
11.9.2023
The Reserve Bank of India (RBI) is actively collaborating with financial institutions to introduce innovative features aimed at popularizing the Central Bank Digital Currency (CBDC), Reuters reported.
Currently, retail CBDC transactions in India are averaging around 18,000 daily, significantly...
RBI Governor Touts CBDC as Solution to 'High Cost, Low Speed' Cross-Border Payments
5.9.2023
Reserve Bank of India’s (RBI) Governor Shaktikanta Das has touted Central Bank Digital Currencies (CBDCs) as a solution to 'high cost, low speed' cross-border payments.
In a recent keynote address at the G20 TechSprint Finale 2023 in Mumbai, RBI Governor emphasized the potential of CBDCs...
Indian central bank-backed NPCI begins blockchain recruitment
4.9.2023
Singapore, Malaysia, UAE, France, BENELUX countries, Nepal and the UK have adopted the NPCI's UPI payments system in varying degrees
Digital rupee gets big usability boost through Yes Bank integration with UPI
1.9.2023
Yes Bank’s app UPI integration is the first for the Indian retail CBDC, which has seen a variety of projects since its pilot launch since December
India plans to use crypto tokens in upcoming native web browser
10.8.2023
Feature is envisaged in the project of national web browser, cherished by the Ministry of Electronics & Information Technology
Indian supreme court raps Union government on crypto rules delay: report
28.7.2023
The Supreme Court bench asked the union government to file a report on whether they are capable of setting up a federal agency to investigate crypto-related crimes
Today in Crypto: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and 18 Central Banks Discuss Using Digital Rupee for Cross-Border Payments
5.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and...
RBI lists risks of stablecoin for developing economies, calls for global regulation
29.6.2023
The Reserve Bank of India listed six specific ways stablecoin can undermine emerging markets, adding to its mounting case against crypto
De-dollarization: Is it really happening?
9.6.2023
In our latest Cointelegraph Report, we analyze the causes leading to the decline of the U.S. dollar as the world reserve currency and its potential implications
Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank of India Deputy Governor Recommends All Banks Adopt Blockchain & AI
31.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank...
Indian banks asked 'to prepare for the future' with AI and blockchain
31.5.2023
In an RBI-organized conference for the directors of Indian banks, deputy governor Mahesh Kumar Jain discussed risk strategies around sustainable growth and stability