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Nalezeno "India": 2104

India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar

3.4.2023
The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments for countries...

Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

3.4.2023
On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was coordinated with some members of the Organization of...

BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: Report

2.4.2023
The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders’ summit, according to a top Russian official. “The transition to settlements in national currencies is the first step. The next one is to provide...

BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion

31.3.2023
BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to...

Russia talks up prospects of BRICS countries developing new currency

31.3.2023
A top Russian official has reportedly claimed that the BRICS alliance is working on creating its own currency

The Algorand Foundation Branches Out to India

29.3.2023
Blockchain protocol Algorand (ALGO) has entered the world’s most populous country, India, with a project that aims to support the nation’s transformation from the back office of the Web2 world to the innovation hub of the Web3 world

Today in Crypto: Coinbase Halts Support for Signature Bank’s Signet, MetaMask & MoonPay Expand Partnership in Nigeria, India to Hit 156M Crypto Users This Year, Xapo Bank Integrates USDC Payment Rails

21.3.2023
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: Coinbase Halts Support for Signature Bank’s Signet, MetaMask & MoonPay Expand Partnership in Nigeria...

India’s Central Bank Seeking Privacy Legislation for Retail CBDC Users

21.3.2023
India's central bank is advocating for legislation that will allow users of its retail central bank digital currency (CBDC) to delete any transactions in order to maintain anonymity

Indian Central Bank Chief: US Banking Crisis Clearly Shows Risks Crypto Poses to the Financial System

18.3.2023
The governor of India’s central bank, the Reserve Bank of India (RBI), says the “ongoing U.S. banking crisis” clearly demonstrates the risks cryptocurrency poses to the financial system. The central bank chief added that the “Indian economy remains resilient,” emphasizing that the “worst...

Today in Crypto: 45% Jump in Payment Fraud Attacks on Crypto Exchanges, Court Rejects Reason to Halt Binance.US’ Acquisition of Voyager, India & UAE Partner on CBDC Plans, Xapo Bank Integrates with the Faster Payment System

16.3.2023
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: 45% Jump in Payment Fraud Attacks on Crypto Exchanges, Court Rejects Reason to Halt Binance.US’...

India, UAE to explore CBDC bridge to facilitate trade, remittances without USD

16.3.2023
The bridge would be the second for the UAE, whose banks successfully participated in the mBridge project last year with Hong Kong, China and Thailand

Developed markets lagging behind in digital payments: BlackRock CEO

16.3.2023
In a letter to investors, BlackRock CEO Larry Fink highlighted the benefits of digital assets and said developing nations like the U.S. are lagging behind in innovation

India’s ED takes a $115.5 million dig at the crypto market

16.3.2023
The Enforcement Directorate of India has taken a step to seize $115.5 million in the crypto sphere under the speculation of money laundering cases. A few crypto ventures may have been spooked, but the measure ensures that the interests of investors and crypto platforms are safe at every step. As...

India, UAE Collaborate to Boost Cross-Border Central Bank Digital Currency Transactions

16.3.2023
India’s central bank, the Reserve Bank of India (RBI), and the Central Bank of the United Arab Emirates (UAE) have agreed to collaborate on cross-border central bank digital currency (CBDC) transactions of remittances and trade. The initiative is “expected to reduce costs, increase efficiency...