2022-10-16 00:08 |
On Friday, the Reserve Bank of India (RBI) released a concept note on the planned launch of CBDC or digital rupee this year. It said a pilot project with specific use cases would be launched without giving a timeline. origin »
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The Reserve Bank of India (RBI) has published a Concept Note for its digital rupee development project.
2022-10-11 03:00 | |
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On October 7 2022, the Reserve Bank of India (RBI) released a concept note to create awareness of Central Bank Digital Currencies (CBDC) in general and to explain the risks and benefits of issuing a CBDC or digital Rupee for India.
2022-10-9 22:44 | |
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The Reserve Bank of India (RBI) has stepped up its Central Bank Digital Currency (CBDC) project. The RBI has issued a 50-page concept note outlining their CBDC plans. Many countries around the world including the US, Kenya, Iran, Tanzania, Israel, and Ukraine are working on CBDCs since they serve as direct replacements for cryptocurrencies.
2022-10-9 16:42 | |
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India's central bank, the Reserve Bank of India (RBI), has released a concept note on the country's proposed central bank digital currency (CBDC). The concept note discussed key issues such as techThe post India's central bank shares concept note on CBDC; will begin pilot soon appeared first on AMBCrypto.
2022-10-8 17:30 | |
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"Currently, we are at the forefront of a watershed movement in the evolution of currency that will decisively change the very nature of money and its functions," the RBI said in its concept note.
2022-10-7 14:22 | |
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Halfway through 2022, at the proof of concept stage, RBI is in the process of verifying the feasibility and functionality of launching a CBDC.
2022-5-29 08:05 | |
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India’s Enforcement Directorate has enlisted CoinDCX to provide custodian services for seized cryptocurrency. Enforcement Directorate, India‘s law enforcement and economic intelligence agency, has selected cryptocurrency exchange CoinDCX to manage cryptocurrencies seized during ongoing investigations. In a March 5 press release…
Law enforcement in India has arrested three in connection to a large-scale crypto fraud that lured over 2,000 victims with promises of lucrative returns. According to local media, police in the northeastern Indian state of Assam have cracked down on…
In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points (bps) to 6.25 per cent. This marks the first rate cut since May 2020, when the central bank had lowered rates to mitigate the economic impact of the pandemic. The monetary stance […]
Bybit has been fined $1.06 million for PMLA non-compliance India blocked Bybit sites pausing the exchange operations in the country Bybit is seeking a VDASP license amid compliance confusion India’s financial watchdog has levied a hefty fine on Bybit, one of the world’s largest crypto exchanges, for failing to adhere to the country’s stringent anti-money […] The post India’s financial regulator fines Bybit $1M, compliance status unclear appeared first on CoinJournal.
Birla Institute of Management Technology, a premier business school in India, has launched its in-house cryptocurrency for use on campus. Dubbed BIMCOIN, the cryptocurrency will help enable transactions between students, vendors, and administrators while also serving as a practical tool…
JiCoin's are currently not redeemable or transferable.
Bybit will temporarily restrict its services for Indian users starting Jan. 12. This pause comes as the platform completes its registration as a Virtual Digital Asset Service Provider with India’s Financial Intelligence Unit, according to a company announcement. During this…