2023-2-3 16:31 |
India's central bank digital currency known as the digital rupee will start getting accepted as a retail payment by some of the biggest merchants in the nation including Reliance Retail, India's largest retail chain. origin »
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India’s largest retail chain Reliance Retail has begun accepting payments in the country’s Central Bank Digital Currency (CBDC), TechCrunch reported. The post Indian retail giant to accept CBDC payments for goods appeared first on CryptoSlate.
2023-2-2 16:30 | |
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India launched the e-Rupee in four cities, New Delhi, Bengaluru, Mumbai and Bhubaneswar. This Central Bank Digital Currency (CBDC) is a digital form of cash for retail transactions. Bank of India, Yes Bank, ICICI Bank, and IDFC Bank will offer…
2022-12-3 18:51 | |
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The Indian digital rupee retail pilot is set to launch on Dec 1 with four banks in four cities. What does the crypto community have to say? The post India Set to Launch Digital Rupee This Week With Four Banks appeared first on BeInCrypto.
2022-11-29 19:59 | |
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India's central bank will start testing its retail central bank digital currency (CBDC) in the cities of Mumbai, New Delhi, Bengaluru and Bhubaneswar with the initial participation of four banks.
2022-11-30 15:07 | |
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The digital rupee is intended as a supplement to the current payment system and not its replacement.
2022-11-23 13:13 | |
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The Reserve Bank of India (RBI), the country’s central bank, is finalizing the rollout of the retail digital rupee pilot, the Economic Times of India (ETI) reported on November 19. The post Indian central bank on track to launch retail CBDC pilot next month appeared first on CryptoSlate.
2022-11-20 14:51 | |
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The Reserve Bank of India (RBI) has announced that it will commence a pilot for a wholesale version of its central bank digital currency (CBDC) on November 1. Digital rupee pilots for the retail segment will begin within a month.
2022-11-1 23:57 | |
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Now debuting a wholesale CBDC, the RBI plans to launch the digital rupee for the retail segment within a month in select locations.
2022-11-1 16:56 | |
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The Reserve Bank of India (RBI) announced on Friday that it would begin the pilot launch of the e-Rupee for retail transactions.
2022-10-8 21:00 | |
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Experts believe that India is in a unique position to benefit from Web3, given its large pool of Web3 developers and retail crypto customers, a report in The Times of India said. A quick rollout of 5G, for which contracts have already been awarded to telcos, can further boost India’s chances of leading the Web3 revolution. India […]
2022-9-16 17:26 | |
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The Nasdaq-listed exchange launched trading services in India on April 7. It had claimed support for retail payments and settlement system UPI. NPCI that runs UPI said it doesn’t offer services to any crypto exchange.
2022-4-12 01:23 | |
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DigiCorp Labs has been chosen as the sole blockchain partner, to start a POC, first with Y International USA, a part of LuLu Group International, specialized in exporting consumer goods and food items to retail businesses located across the Middle East and India.
2021-10-15 16:30 | |
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The Reserve Bank of India (RBI) has finally unveiled its CBDC plans. It soon intends to launch an official digital currency in a phased manner, beginning with wholesale and retail segments. In a key-note speech at a webinar of a legal think tank on July 22, RBI Deputy Governor T. Rabi Shankar presented the central […]
2021-7-25 21:27 | |
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The Reserve Bank of India (RBI) has finally unveiled its CBDC plans. It soon intends to launch an official digital currency in a phased manner, beginning with wholesale and retail segments. In a key-note speech at a webinar of a legal think tank on July 22, RBI Deputy Governor T. Rabi Shankar presented the central […]
2021-7-24 21:27 | |
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Major Indian bank ICICI has asked customers not to use the Reserve Bank of India (RBI)’s liberalised remittance scheme (LRS) for any crypto-related investments. ICICI, a leading private sector bank in India, has updated its retail outward remittance application to include cryptocurrency.
2021-7-13 14:00 | |
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The National Payments Corporation of India (NPCI) – an umbrella organization in charge of operating retail payments and settlement systems in India – has made a decision not to place a ban on crypto trading in India, leaving it to banks to make that choice according to their various inclinations. This public revelation is necessary […]
2021-5-8 17:23 | |
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In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines […] The post Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies appeared first on Bitcoin News.
2020-1-23 07:55 | |
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Peer-to-peer crypto to fiat platform XanPool, announced its latest expansion push into Asia this week, with expanded country support for service in India, Malaysia, Indonesia, and Vietnam. Supported by NGC Ventures, a leading blockchain investment firm, XanPool is an omnichannel solution that enables both institutional and retail users to on and off-board in and out […] CryptoNinjas: Automated crypto to fiat platform XanPool expands Asia presence
2019-11-26 18:22 | |
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The World Gold Council recently issued a survey that addresses how and why people in various countries, including India, China, Canada, Germany, Russia, and the United States, purchase gold in the wider context of retail investment and luxury goods in general.
2019-11-17 19:50 | |
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Walmart recently announced that it is steering blockchain technology for end-to-end traceability of shrimp sourced in Andhra Pradesh and exported to select Sam’s Club locations in the US. The US imports 46% of shrimp consigned from India and Andhra Pradesh is the principal shrimp exporting State in the country. Blockchain is a way to digitize […]
2019-10-5 17:21 | |
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Apple might finally be able to sell iPhones directly to customers in India from its own online store. . Yesterday, the government said it’s relaxing local sourcing norms for foreign direct investment (FDI) for single-brand retail, opening the door for Apple store like outlets.
2019-8-29 09:03 | |
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Downstream Hybrid, an India Pale Lager (IPL) brewed by Boyne Brewhouse, with its entire supply chain information stored on the blockchain, is now available at 150 Marks and Spencer’s (M&S) stores across the supermarket’s estate in France and the Channel Islands, reports Retail Times on August 9, 2019.
2019-8-10 20:00 | |
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Even as WhatsApp readies to launch its mobile payment service in India later this year, the government is concerned about its privacy and security ramifications. “Indian authorities are concerned that WhatsApp‘s payment service might share user data with group companies Facebook and Instagram, compromising the security, privacy and non-commercial information of its subscribers,” according to a report from the Economic Times.
2019-7-26 09:40 | |
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Economist and Bitcoin critic Nouriel ‘Dr. Doom’ Roubini has hailed a proposed ban on cryptocurrencies in India calling it ‘good news’. According to the New York University economics professor, an actual ban on crypto in the world’s second-most populous nation will save ‘retail suckers’ in the country from investing in ‘shitcoins’.
2019-7-24 14:59 | |
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The National Payments Corporation of India (NPCI), an umbrella organization that covers all retail payments in India, is considering… The post India: 10 Banks Want To Improve National Payments Corporation of India By Implementing Blockchain appeared first on Invest In Blockchain.
2019-4-15 19:53 | |
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Amazon is in a tough spot in India, one of its largest markets outside the US. New government-issued norms, which kicked in just today, prevent foreign firms from selling their products directly to consumers.
2019-2-1 12:47 | |
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Last September, Google launched Tez, an app for instant money transfers in India. At its annual event in the capital of New Delhi, the company announced it’s rebranding the app to Google Pay. That means it’s unifying its global payments services with what it’s built for India.
2018-8-28 11:15 | |
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Nucleus Vision is building an IOT Based retail ecosystem using blockchain as an authentication layer. Their token, nCash, looks like it is gearing up for something big. The team is actively working on partnerships and regularly adding new partners every month.
2018-6-13 17:08 | |
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Nucleus Vision is building an IOT Based retail ecosystem using blockchain as an authentication layer. Their token, nCash, looks like it is gearing up for something big. The team is actively working on partnerships and regularly adding new partners every month.
2018-6-12 17:08 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.