CoinspeakerIndia Launches Open Competition to Build Web Browser Using Crypto to Digitally Sign Documents The competition, which has a submission deadline in July next, will allow tech enthusiasts add to crypto innovation in India. India Launches Open Competition to Build Web Browser Using Crypto to Digitally Sign Documents
Read More »Reserve Bank of India (RBI) in Talks with Other Central Banks to Promote Digital Rupee for Cross-border Payments
CoinspeakerReserve Bank of India (RBI) in Talks with Other Central Banks to Promote Digital Rupee for Cross-border Payments The RBI Governor Shaktikanta Das has severally admitted that the country is moving towards CBDC adoption amid de-dollarization. Reserve Bank of India (RBI) in Talks with Other Central Banks to Promote Digital Rupee for Cross-border Payments
Read More »India Eyes One Million CBDC Users Over Next Three Months
Sources familiar with the matter said that the architects of the retail CBDC are working to incorporate offline transactions and eyeing half a million users by July. India is one of those top global economies that has been pilot-testing its central bank digital currency (CBDC) aka the Digital Rupee. As per the latest reports, the architects of India’s retail central bank digital currency (CBDC-R) are aiming to scale the user base of the Digital Rupee to a million users. Sources familiar...
Read More »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). In a recent interview, he claimed that should all crypto-based laws set forth by the country’s present regulators be obeyed by investors and traders alike, all digital currency trading activity should be fine. What Will India Decide? This completely contradicts a recent statement offered by the RBI, which claimed that all digital currencies...
Read More »RBI Officials Go All Bearish on Crypto in New Call for Prohibition
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Read More »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. A CBDC (central bank digital currency), the digital rupee is slated to be used for purchases of goods and items amongst everyday residents. The RBI Is Boosting the Use of Its Digital Rupee Pratik Gauri – co-founder and CEO of 5ire, a blockchain company – explained in a recent interview: I believe blockchain and decentralization are necessary...
Read More »RBI Plans to Introduce Digital Rupee on December 1st
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Read More »India to Roll Out Retail Digital Rupee Pilot Program in December
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Read More »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 Could Soon Unveil the Digital Rupee In a document explaining the process, the RBI stated the following: E-rupee or digital rupee will provide an additional option to the currently available forms of money. It is substantially not different from banknotes, but being digital, it is likely to be easier, faster, and cheaper. The RBI says...
Read More »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 practically cursed them in an interview. He even went so far as to suggest they present “danger” to society and the financial industry as we know it. Das Has No Love for Crypto Das commented: We must be mindful of the emerging risks on the horizon. Cryptocurrencies are a clear danger. Anything that derives value based on make believe,...
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