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CBDCs present the government with the opportunity to counter the surging adoption of private crypto like Bitcoin.
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CBDCs present the government with the opportunity to counter the surging adoption of private crypto like Bitcoin.
The CBDC is seen as the RBI's response to the rapid growth in adoption of private cryptocurrencies among Indian investors.
India's central bank has two types of CBDCs in the works, and the government is preparing a legal framework for them.
In Parliament, the government revealed its position on Bitcoin as legal tender and made its case for a CBDC.
On Monday, the Reserve Bank of India issued a notification on virtual currencies or crypto-currencies and reiterated what it has been saying for over...
After leading private sector banks began instructing payment gateway firms to block services to many Indian crypto-exchanges over the past month, Paytm Payments Bank...
The government could set up a new panel to recommend the ideal course of action for regulating crypto-currencies, the Economic Times reported. This development...
Several leading private sector banks have begun shutting off banking services to crypto-currency exchanges in India, over a year after the Supreme Court quashed...
For a government that has embraced fintechs and blockchain wholeheartedly in the past few years, its stance on crypto-currencies is perplexing. Is it a...
In a recent blogpost, the Indian Software Product Industry RoundTable (iSpirt) said that the India Stack project can be used to “help connect the...
