2023-8-10 15:13 |
India’s central bank said that there’s a potential for an AI system that would initiate transactions through a conversation.
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The Reserve Bank of India (RBI) has proposed integrating artificial intelligence (AI) into its Unified Payment Interface (UPI) system to allow users to initiate and complete payments via voice commands.
2023-8-10 19:00 | |
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Polygon (MATIC), largest EVM-compatible blockchain, is technical platform for number of truly eccentric and challenging real-world systems
2023-7-31 18:29 | |
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India's government and central bank have received proposals asking to restore access of the Unified Payments Interface (UPI), a widely popular real-time payment system, to the crypto industry.
2023-5-17 13:36 | |
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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 presents its concept of a digital rupee, considering its design, issuance, and effects on the current banking system. The post What India’s CBDC Report Means for Crypto’s Future appeared first on BeInCrypto.
2022-10-8 04:00 | |
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Speaking at a webinar organized by the IMF on India’s digital payment system, the Reserve Bank of India’s Deputy Governor T Rabi Sankar said CBDCs could kill the case for cryptocurrencies. Referring to cryptocurrencies backed by advanced technologies, he said that technology is a tool and it can be misused. India is planning to launch its […]
2022-6-4 18:56 | |
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Crypto “will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country,” according to Reserve Bank of India officials.
2022-5-18 09:03 | |
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Indian banks have approached the National Payments Corporation of India (NPCI), the body in charge of the country’s digital payment and settlement system, to get clear instructions on using the Unified Payment Interface (UPI) for crypto transactions.
2022-4-27 04:00 | |
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Almost a week after cryptocurrency exchanges in India halted all payments, traders in the India started using the peer-to-peer (P2P) payment system for the buying and selling of tokens. P2P payments eThe post Indian exchanges moving to P2P: Is it a temporary fix or a permanent solution appeared first on AMBCrypto.
2022-4-18 17:00 | |
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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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India's UPI denied knowledge of any crypto exchange using its platform after Coinbase leadership announced using that prominent payment gateway would be the first step in buying crypto through its brokerage.
2022-4-7 20:02 | |
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India's digital payment system and financial services company, Paytm, had previously stated that it might dive into crypto once the regulatory environment becomes favorable. Now, with the Indian BudgThe post India: Calls for crypto regulations intensify ahead of Budget Session 2022 appeared first on AMBCrypto.
2022-1-15 22:30 | |
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Central banks' policy making has played a key role in manufacturing the 2008 financial crisis. One of the responses to that crisis was Bitcoin. With its decentralized system and peer-to-peer technologThe post India: RBI shares concerns about crypto hazards; apprehensive about crypto ads appeared first on AMBCrypto.
2021-11-22 19:00 | |
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Since the implementation of globalization, AOFEX has established branches in Canada and Japan and received excellent outstanding results in local and surrounding regions, thus building a multi-region crypto market system including West Europe, North America, East Asia along with the Headquarter in the United Kingdom.
2021-10-15 16:21 | |
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The securities watchdog of India, SEBI is betting big on distributed ledger technology (DLT) for the monitoring and recording of financial instruments from 2022 onwards. SEBI Bets on Blockchain Adoption The Securities and Exchange Board of India (SEBI) announced yesterday (August 25, 2021) that it is willing to roll out a system for “system andRead More
2021-8-26 13:00 | |
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The state of Maharashtra in India has adopted blockchain technology to issue educational certificates in order to combat issues of certificate forgery. Maharashtra Utilizes Blockchain for Educational Document Registration The Maharashtra State Board of Skill Development (MSBSD) is utilizing LegitDoc, an Ethereum blockchain-powered system developed by Bangalore-based tech company Crossforge Solutions Pvt Ltd, for theRead More
2021-7-27 23:00 | |
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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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A report for Indian authorities which provides a DLT overview, says that solutions like Ripple may be hard to compete with for the traditional banking system in India
2021-4-20 11:07 | |
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UAE to India According to the exchange, this partnership will allow an enhanced real-time payment system to function between the United Arab Emirates (UAE) and India. It will reportedly be faster and more affordable for exchange customers.
2021-1-28 23:39 | |
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India is exploring a blockchain-powered voting system for transparent, secure, and inclusive elections. The Election Commission of India (EC) organized a webinar on technology aspects involving remote voting that explored various blockchain use-cases.
2020-8-13 21:21 | |
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India’s Port Community System (PCS) recently integrated CargoX’s Platform for Blockchain Document Transfer (BDT) to digitize the marine industry’s trade documents including bills of lading. Modernizing the Maritime Industry with Blockchain Like many countries across the world, India was forced to undergo a harsh lockdown due to the COVID-19 pandemic.
2020-6-17 14:07 | |
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The Indian government is planning to introduce a law that would effectively ban Bitcoin. Local media reports that the Ministry of Finance has moved the proposal for inter-ministerial consultation. India’s decision to ban cryptocurrencies surface even as it faces one of its worst credit and banking crisis.
2020-6-12 10:27 | |
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MoneyGram will now offer direct deposits to India following its partnership with Federal Bank, one of the leading financial institutions in the country. According to a recent announcement by the payment system service provider, this alliance will be strategic in offering its Indian clients an account credit option via the Federal Bank. The MoneyGram announcement reads, […]
2020-5-16 19:13 | |
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Kraken, one of the largest and oldest crypto native exchanges, has announced its plans to focus resources on the Indian subcontinent. This move comes just days after the Indian Supreme Court reversed the central bank’s notification from 2018, banning companies that deal with cryptocurrencies from accessing the banking system, March 10, 2020.
2020-3-10 16:00 | |
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Indian electoral officials are working on a blockchain-based voting system to increase voter participation
2020-2-18 17:24 | |
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The Election Commission of India (ECI) and the Indian Institute of Technology, Chennai (IIT-C) are working to create a blockchain system for implementing electoral reforms. The move forms part of the growing trend of government-backed distributed technology (DLT) use cases in the country.
2020-2-17 14:00 | |
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Blockchain conversations are no longer limited to Bitcoin and cryptocurrencies. As blockchain is rapidly becoming unrivaled, this tech has been deployed in many sectors and across different pilot projThe post India to embrace blockchain technology for voting system appeared first on AMBCrypto.
2020-2-16 20:00 | |
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NITI Aayog, a policy think tank of the Government of India, recently released a report titled "Blockchain - The India Strategy," a report that discussed in detail the different use cases of blockchainThe post DLT adoption in India could have significant impact on political system appeared first on AMBCrypto.
2020-2-3 17:30 | |
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Prathiba Jain, Founder and New Delhi Head of the Nishith Desai Associates, spoke at "Anti-Money Laundering and Counter-Terrorist Financing (AMLCTF) System in Modern FinTech Industry", at the World EcoThe post India needs to ease regulations around FinTech, according to this lawyer appeared first on AMBCrypto.
2020-1-26 13:00 | |
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MoneyGram, the cross-border payment system backed by Ripple, will aim to become a leader in carrying remittances for the Indian market. Ripple Backed MoneyGram Aims for Bigger Share of the Indian Remittances Market After forming a strategic partnership with EbixCash, MoneyGram will aim to grab the biggest market share in India, reported The Hindu Business Line.
2020-1-26 13:00 | |
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Blockchain technology is all set to disrupt India as the world's sixth-largest economy is now planning to incorporate blockchain-powered solutions to bolster education in government schools. AccordThe post India to focus on blockchain tech to revolutionize education system appeared first on AMBCrypto.
2020-1-20 17:39 | |
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The future of digital assets in India may remain uncertain for a long period of time. However, the implementation of blockchain continues to grow at a rapid pace in the country. According to a repoThe post India: Kerala planning to use blockchain to bolster financial system appeared first on AMBCrypto.
2020-1-7 11:11 | |
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BitMart, a premier global digital asset trading platform, recently announced their partnership with FESSChain. By integrating a decentralised payment settlement system in India, BitMart aims to expandThe post BitMart announces partnership with FESSChain, expanding business in emerging markets appeared first on AMBCrypto.
2019-11-8 12:30 | |
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BitMart, a premier global digital asset trading platform, recently announced their partnership with FESSChain. By integrating a decentralised payment settlement system in India, BitMart aims to expand their business in the fast-growing emerging markets.
2019-11-6 13:09 | |
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Russia’s SWIFT alternative (SPFS) is all set to connect both India and China. This system will connect more than 41% of the world’s population that will be a big step towards a non-dollar world. According to an RT report, members of BRICS trade bloc, India, Russia, and China decided on Monday to connect their financial […]
2019-10-29 15:29 | |
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Students from the Malla Reddy Engineering College for Women in India have created a blockchain-based system for online voting
2019-10-22 19:17 | |
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Customers of a cooperative bank with 137 branches across India still do not know the fate of their money, which was restricted by the central bank. Evidence of alleged bank fraud has since surfaced, but the RBI still insists that India’s banking system is safe, despite many citizens being unable to withdraw their money.
2019-10-2 13:05 | |
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A United Nations (UN) report has disclosed how the intergovernmental organization is investigating at least 35 cyberattacks led by North Korea, South China Morning Post reports. The attacks include cryptocurrency exchange hacks and crypto-jacking campaigns.
2019-8-13 12:08 | |
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For several months now, India’s crypto market has been experiencing great difficulties with regulation. Obviously, in support of its centralized instant payment system (Unified Payments Interface, UPI), developed by the National Payment Corporation of India (NPCI), the authorities are preparing a bill to completely prohibit cryptocurrency.
2019-7-29 20:01 | |
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Last year, India’s top court ruled that the central government’s national identification system – Aadhaar – doesn’t violate the privacy of citizens. Now, there are three major developments on this front that might put privacy activists on high alert.
2019-7-5 16:08 | |
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With the Royal Bank of India (RBI) looking to find out whether or not Libra will operate on a "closed system," reports indicate Facebook is yet to meet with RBI officials or anyone within the Indian government.
2019-6-21 00:25 | |
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The world’s 7th biggest bank, HSBC, uses tokenization tech in its account receivable infrastructure for corporate clients in India
2019-6-19 23:07 | |
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Bitcoin Press release: Leading Indian blockchain Big Data Company Zebi, offers decentralized products to protect personal and commercial data. The Mainnet launch and Zebi payment system expected Q3, 2019.
2019-6-8 22:44 | |
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The regulatory and legal environment around internet-based services and applications has changed considerably over the last decade. When large-scale social networking platforms first became popular in the 2000s, the general attitude toward mass data collection was essentially “why not?”.
2019-5-11 04:03 | |
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Samsung SDS and Tech Mahindra joined forces to enter the overseas blockchain market. Samsung’s system integration arm, SDS, aims to expand the use of its Nexledger blockchain platform in India, the United States, and Europe, reported Korea Times.
2019-4-15 14:30 | |
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QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order.
2019-4-3 01:19 | |
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TikTok – the app that lets you create 15-second dubbed videos – is on a rapid growth curve. The app crossed 1 billion downloads last month, according to a report by analytics firm SensorTower.
2019-3-13 11:35 | |
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President Donald Trump has indicated that the preferential trade status that India enjoys with the United States under the Generalized System of Preferences (GSP) tariffs system and which allows it to export some products to the U.
2019-3-5 14:28 | |
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The Eleven01, which has been considered to be India’s very first blockchain protocol has gone ahead to announce the new partnership they have gotten into with DocsinBlocks, one that is a decentralize blockchain venture that has focused on the document management system.
2019-3-2 00:58 | |
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The Reserve Bank of India (RBI) is strategically working towards acquiring one million active customers on its central bank digital currency (CBDC) or e-rupee by the conclusion of this month. In response to a media inquiry regarding the anticipated launch of CBDC, T Rabi Sankar, the Deputy Governor of the RBI, confirmed, however, that there […]
India’s junior minister of electronics and information technology (IT), Rajeev Chandrasekhar, has recently released a statement about crypto that is not in consonance with the central bank’s view.
Reserve Bank of India Governor Shaktikanta Das has no love for crypto. In fact, he wants to get rid of it through an outright ban, saying that these “are nothing but gambling. ” Das said in his speech at a conference on Friday that RBI’s stance on cryptocurrency remains unchanged.
The Indian government has displayed antipathy and opposition towards cryptocurrency for a long time and Indian central bank governor Shaktikanta Das had stated earlier that he wants crypto to be banned.
The digital rupee is intended as a supplement to the current payment system and not its replacement.
The Reserve Bank of India (RBI) has published a Concept Note for its digital rupee development project.