2022-10-11 03:00 |
The Reserve Bank of India (RBI) has published a Concept Note for its digital rupee development project.
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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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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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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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The biggest champion of cryptocurrency in social media, Chingari, is now offering an income stream to millions of creators and users of its short video sharing app. India’s TikTok clone has just announced that its GARI Mining program is now live, meaning creators and users of the platform have a way to earn cryptocurrency from doing what they love – creating funny videos, watching them and sharing their favorites with other users.
2022-6-14 21:30 | |
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The Reserve Bank of India will introduce its digital rupee central bank digital currency (CBDC) in a phased manner. The asset will undergo proof of concept and pilot stages before fully launching.
2022-5-30 11:30 | |
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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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The concept of digital identity is gaining rapid traction across the globe. Four of the world’s five most populous countries – China, India, Indonesia, and Brazil – are in various stages of implementing government digital identity schemes, as are many other governments around the globe.
2020-12-16 21:51 | |
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Ripple’s vision is to enable the world to move value like it moves information today—a concept referred to as the Internet of Value (IoV). It’s a goal that is close to my heart. Almost 20 years ago, I immigrated to the United States from India and personally experienced the challenges and expense inherent in sending … Continued The post Why I Joined Ripple appeared first on Ripple.
2020-6-30 19:00 | |
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India, the country that’s ‘vastly’ driven by the concept of Unity in Diversity, has gained popularity in international media for a while now; from the abrogation of Section 370 that scrapped Kashmir’s special privilege to Howdy Modi to its economic slowdown.
2019-9-26 17:30 | |
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Blockchain, a simple concept yet so complex and diverse in its use-cases is still in a nascent stage. Numerous countries have come to realize the immense potential of blockchain and are tapping into the unexplored areas of this disruptive technology.
2019-8-11 16:00 | |
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Oppo just unveiled its first phone with under-the-display selfie camera at Mobile World Congress Shangai. A few weeks ago, the Chinese company had shown its concept of hosting a camera under the display via a tweet.
2019-6-26 11:57 | |
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India tech industry lobby associations and founders of startups have asked India’s banking regulator to incorporate crypto assets in its suggested regulatory sandbox framework for the fintech industry.
2019-5-17 02:47 | |
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In Malaysia, the blockchain-city of Melaka Straits City will be built. It is stated that this will be the further development of the smart city concept, which has already been partially implemented in several cities in China and India, as well as in Amsterdam, Stockholm, Singapore, Dubai and others. But in fact, a blockchain-Disneyland will […]
2019-4-25 18:07 | |
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India’s primary opposition political party, the Indian National Congress, has launched a controversial policy this week. It plans to give free money for the poorest 20 percent of the population. The policy is similar to the growing movement for Universal Basic Income (UBI), touted by Alexandria Ocasio-Cortez and 2020 presidential candidate Andrew Yang.
2019-4-9 15:25 | |
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News reaching Ethereum World News indicate that facebook is developing a stablecoin to let users transfer money on its WhatsApp messaging App (Whatsapp was acquired by facebook back in 2014). The team at facebook will first focus on the market in India with this new concept and service.
2018-12-21 12:01 | |
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BitConnect India is now at the centre of an investigation as authorities believe that the whole concept was ‘probably’ a Ponzi scheme, a scam that saw round $3 billion in investments before the ‘exchange’ closed down in January 2018.
2018-8-20 14:00 | |
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India’s central bank said that there’s a potential for an AI system that would initiate transactions through a conversation.
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.
