Tag: RBI

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RBI Governor Backs CBDC for India’s Payment Revolution

India is spearheading CBDC development, with continuing trial initiatives. CBDC has the potential to alter the future of India's payment systems and economy. On...

RBI Chief Warns Stablecoins Endanger India’s Monetary Sovereignty

RBI Governor Das has criticized stablecoins for undermining local currency sovereignty. He promotes CBDCs as the secure future of digital payments in India. During...

Regulators in India Are Still at War with Crypto

The Minister of State for IT Rajeev Chandrasekhar is going against the ideas set forth on crypto by the Reserve Bank of India (RBI)....

The RBI Is Getting Its Digital Rupee Ready

The Reserve Bank of India (RBI) has unveiled its new pilot program that will see various consumers testing out the latest version of its digital rupee....

The RBI Could Issue a Digital Rupee Soon

The Reserve Bank of India (RBI) is considering the release of a new digital version of the rupee, the national currency of India. The RBI...

Shaktikanta Das of RBI Fame Is Concerned About Crypto

Shaktikanta Das – the governor of the Reserve Bank of India (RBI) – is not a fan of cryptocurrencies, having recently insulted them and...

Will India Ban Crypto After All?

It’s been months, and the fight surrounding crypto in India doesn’t appear to have an end in sight. The Reserve Bank of India (RBI)...

India Is Now Looking Into Creating a Centralized Cryptocurrency

The finance minister of India Nirmala Sitharaman is putting a lot of people’s fears to rest given that her recent budget speech left out...

India Allegedly Planning to End Its Crypto Ban

Could India potentially put an end to its present crypto ban? According to the New India Express, the answer might be “yes.” The publication recently...

Bitcoin Scam: More Victims Come Forward in India’s Biggest Bitcoin Fraud

More victims continue to come forward accusing Amit Bharadwaj and his accomplices of defrauding them with fake Bitcoin investment schemes. Recently, India’s Enforcement Directorate...

India Considers Issuing National Cryptocurrency Despite Anti-Bitcoin Stance

Anonymous state officials within the Indian government say the country plans to issue a national cryptocurrency. This move comes amidst efforts by the apex...

India’s Central Bank Denies Setting Up Research Unit on Cryptocurrency, Blockchain, or AI

RBI, India’s central bank, has denied in its reply to an RTI query filed by an online news media, setting up of a research...