2023-2-9 17:02 |
The central bank of India wants to proceed with CBDC testing in the smoothest way possible, deputy governor Rabi Sankar said.
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India remains firm on its idea to introduce the Central Bank Digital Currency (CBDC) in 2022-23. In the recent most development in regards to the same, the Reserve Bank of India (RBI) has proposed a graded approach for the introduction of the CBDC.
2022-5-29 04:00 | |
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India’s central bank is mulling launching a pilot program for a CBDC. RBI Working Toward Phased Implementation of CBDC The Reserve Bank of India (RBI) is contemplating kick-starting a “phased implementation strategy” for a central bank digital currency (CBDC), The Economic Times reports.
2021-7-23 17:00 | |
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RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo.
2021-7-23 00:30 | |
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The Indian cryptocurrency community is fighting the lack of regulatory clarity actively, but the government seems to be more enthused about the development of its digital rupee. Today, the Reserve BanThe post 'Time for India's CBDC is nigh,' but why is the RBI keeping Bitcoin at bay appeared first on AMBCrypto.
2021-7-22 18:30 | |
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India has had an interesting few months on the crypto front. Look at WazirX's journey - the largest Indian crypto exchange went live just three weeks before the Reserve Bank of India issued its ban onThe post India's CBDC plan: Here's the how, when and why appeared first on AMBCrypto.
2021-6-20 08:00 | |
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After the first crypto-related ban in 2018 that affected many from the sector, the 2021 proposal to ban all private crypto assets is having a similar effect. With the decision expected “soon,” andThe post Bitcoin vs CBDC: India's growing need for both appeared first on AMBCrypto.
2021-3-10 04:00 | |
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The Indian crypto industry sees a brief panic over the government’s plans to ban “private cryptocurrencies” and explore the need for a CBDC.
2021-2-9 16:21 | |
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The proposed bill is yet to be presented, and WazirX CEO says they have “been preparing for this” and “pushing for regulations.” The post India Proposes Bill to Ban “Private” Crypto’s and Introduce a CBDC, But No Need to Panic first appeared on BitcoinExchangeGuide.
2021-1-31 17:28 | |
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India continues to see-saw its stance toward cryptocurrencies. India Mulling Banning ‘Private’ Cryptocurrencies, Launching CBDC According to the Lok Sabha Bulletin published on January 29, the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, aims to stop the trading of digital currencies in India.
2021-1-30 18:00 | |
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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 Monday, the country’s central bank is weighing the necessity for a central bank digital currencyRead More
2021-1-28 16:00 | |
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The Reserve Bank of India (RBI), the country’s central bank, has expressed an interest in introducing a digital version of the rupee. The central bank further said that it is examining the need and viability of a central bank digital currency (CBDC).
2021-1-27 20:55 | |
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The Reserve Bank of India (RBI) has gone quite a long way when it comes to cryptocurrency in the past twelve months. Originally, it banned local banks in India from providing services to crypto businesses, only to have its decision revoked by India’s Supreme Court.
2021-1-27 15:33 | |
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India's central bank is exploring the development of its own CBDC
2021-1-25 18:45 | |
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A slew of regulatory happenings are in the works: a Bahamian CBDC, a potential ban on crypto trading in India and a plan to unify state banking compliance standards across the U.S.
2020-9-17 19:05 | |
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With cryptocurrencies emerging as the buzzword across the globe, many countries today are in the process of introducing and launching their own Central Bank Digital Currencies (CBDCs). During a recentThe post India should consider launching its own CBDC: WazirX's Nischal Shetty appeared first on AMBCrypto.
2020-2-4 09:30 | |
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The National Institute for Smart Governance (NISG), a non-profit body launched by the government of India, releases its draft strategy on blockchain and cryptocurrencies. According to the official draft, the government of India should work towards releasing a central bank digital currency (CBDC), and a governing body to regulate the blockchain industry. NISG drafts blockchain […]
2020-1-29 21:14 | |
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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 maintains its anti-cryptocurrency stance.
2019-12-7 10:00 | |
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The governor of India’s central bank, Shaktikanta Das, has restated that the Indian government is against private cryptocurrencies. This all comes ironically amid talks of India launching its own Central Bank Digital Currency (CBDC).
2019-12-7 20:10 | |
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Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden.
2019-8-15 09:53 | |
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A central bank-issued digital currency won’t be coming from India anytime soon.
2019-1-4 01:26 | |
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According to the Indian news outlet the Hindu Business Line, the Reserve Bank of India (RBI) is pausing its plans to create a national cryptocurrency. Back in 2018, the central bank of India announced that it was analyzing the possibility of launching a central bank digital currency (CBDC). At that time, the bank created a […]
2019-1-2 17:44 | |
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After an all out assault on cryptocurrencies in India by the central bank – The Reserve Bank of India (RBI) many speculated around why the RBI had decided to essentially bank cryptocurrency trading in the country.
2018-8-31 08:00 | |
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A recent publication from the Reserve Bank of India reveals its consideration of a central bank-issued digital currency.
2018-8-31 20:33 | |
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Senator Cynthia Lummis has laid the groundwork for the upcoming development of Bitcoin in the United States. As an avid supporter of cryptocurrency, Lummis has worked very hard for years to integrate digital assets into the financial system of the country, and every statement seems to be underlining what has been done so far in […]
Jeremie Davinci, a prominent player in the cryptocurrency domain, has garnered attention with his audacious forecast that Bitcoin may attain an extraordinary value of $350,000. This forecast, lately disseminated on social media, is predicated on historical trends and the present dynamics of Bitcoin mining expenses.
The world’s largest cryptocurrency exchange secured regulatory authorization from the Brazilian government to buy the country’s licensed broker-dealer Sim;paul, allowing Binance to penetrate the crypto market of the South American nation.
According to Bloomberg, BlackRock’s iShares Bitcoin Trust (IBIT) has set a new benchmark in the world of exchange-traded funds (ETFs) since its launch in January 2024. With over $50 billion in assets amassed in just 11 months, IBIT has achieved a feat unparalleled in the industry, outpacing traditional funds that have been operating for decades. […]
In a significant development for the cryptocurrency landscape, the US Internal Revenue Service (IRS) has finalized regulations that will require decentralized finance (DeFi) brokers to report gross proceeds from digital asset transactions.
The Royal Government of Bhutan is still making strategic use of its Bitcoin assets. On December 10 the government dispatched 502 Bitcoin, or around $49. 42 million, to two platforms, Binance and QCP Capital.
The recent Bitcoin price surge, which surpassed $100,000 for the first time, is creating ripples in the long-struggling crypto lending sector, particularly through decentralized finance (DeFi) applications.