India weighs crypto ban as it pushes for digital rupee adoption

2024-10-22 13:44

Regulators in India are considering banning cryptocurrencies like Bitcoin and Ether and are instead, promoting the use of the digital rupee. On Oct. 22, local media outlet the Hindustan Times cited two officials familiar with the matter who claimed that… origin »

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Источник: Cripyo.news

rupee digital → Результатов: 80

Bybit rolls out digital rupee payments for Indian customers

Crypto exchange Bybit has announced the expansion of its payment offerings for peer-to-peer transactions, adding the digital rupee as a new method for Indian users. Bybit is broadening its payment options in the Indian market by introducing the digital rupee…

2024-7-31 17:09	India
rupee digital indian bybit payment users method

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India's Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks

CoinDesk has viewed a letter dated Dec. 29 by the Reserve Bank of India (RBI) Governor Shaktikanta Das to staff that said the usage of the e-rupee (CBDC) "exceeded the milestone of 1 million transactions in a day on Dec.

2024-1-4 18:20
india day dec million transactions das shaktikanta

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Pakistan to launch digital rupee to stabilize economy

Pakistan‘s government plans to introduce digital cash to alleviate currency printing costs as the country faces economic turmoil amid heightened inflation. The proposed currency will help bolster the rupee and ensure robust financial transactions.

2023-9-19 08:35	Inflation
pakistan rupee digital currency heightened inflation amid

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India’s Yes Bank Streamlines Digital Rupee with UPI Integration

Yes Bank plans to integrate India's Central Bank Digital Currency (CBDC), the e-Rupee, with UPI QR codes, enabling users to conduct transactions through its Digital Rupee app. The post India’s Yes Bank Streamlines Digital Rupee with UPI Integration appeared first on BeInCrypto.

2023-9-4 02:41	Markets
digital bank upi rupee india yes streamlines

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Ripple's Indian Partner Joins Digital Rupee CBDC Project

Yes Bank has announced that it launched Unified Payments Interface (UPI) interoperability to take part in RBI operations with digital INR

2023-9-3 22:35
digital interoperability upi payments interface take inr

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Digital rupee gets big usability boost through Yes Bank integration with UPI

The Yes Bank app’s UPI integration is the first for the Indian retail CBDC, which has seen a variety of projects since its pilot launch in December.

2023-9-2 00:30	Reserve Bank of India
integration upi yes bank variety seen december

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CBDC: Reserve Bank Of India Urges More Lenders To Embrace Digital Rupee, Sources Say

In an effort to enhance the adoption of the Central Bank Digital Currency (CBDC) and explore the potential of digital currencies, the Reserve Bank of India (RBI) has urged more lenders to participate in digital currency pilot programs.

2023-7-12 15:30	Digital Currency
digital bank cbdc reserve lenders india currency

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Reserve Bank of India Explores Cross-Border Payments with Digital Rupee

The Reserve Bank of India (RBI) is actively exploring the potential of its digital currency, the digital rupee, for cross-border transactions. The RBI is in discussions with central banks from...

2023-7-5 15:48	News
digital rupee rbi reserve india bank cross-border

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Reserve Bank of India expands digital rupee pilot program

The Reserve Bank of India is enhancing its digital rupee pilot, as it intends to broaden participation and incorporate diverse use cases in the upcoming fiscal year.

2023-5-30 18:57	India
rupee pilot reserve digital bank india use

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Mauritius planning to launch pilot project for retail digital rupee late this year

The governor of the Bank of Mauritius told a meeting of central bank technologists about the development of the island nation’s CBDC ambitions.

2023-4-29 20:08
bank mauritius central meeting told technologists cbdc

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India is targeting one million CBDC users in three months

As the world of cryptocurrency continues to expand, India is aiming to the lead in embracing this digital frontier. According to reports, with its ambitious retail central bank digital currency (CBDC) project, India aims to bring the digital rupee to…

2023-4-6 16:04	India
india digital cbdc rupee reports 160 according

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India in ‘no hurry’ for CBDC as digital rupee pilot onboards 50K users

The central bank of India wants to proceed with CBDC testing in the smoothest way possible, deputy governor Rabi Sankar said.

2023-2-9 17:02	Digital Currency
india cbdc proceed wants bank central way

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Unpacking India's CBDC Pilots as Country Prepares for Digital Rupee

India wants to launch its central bank digital currency at a national level by the end of 2023, but early into its pilot, the Reserve Bank of India has identified challenges.

2023-2-8 06:00	policy
india bank digital identified challenges reserve 2023

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India's Reliance Retail, Other Merchants Now Accepting Digital Rupee

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.

2023-2-3 16:31	policy
retail india digital reliance merchants rupee largest

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CBDCs: India’s digital rupee falls flat as low volumes blight trial run

Several Indian news outlets have reported on the lack of interest in the digital rupee. The post CBDCs: India’s digital rupee falls flat as low volumes blight trial run appeared first on CryptoSlate.

2022-12-2 14:15	CBDCs
digital rupee blight run volumes cbdcs trial

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Reserve Bank of India Rolls Out Pilot Phase ahead of Digital Rupee Launch

Coinspeaker Reserve Bank of India Rolls Out Pilot Phase ahead of Digital Rupee Launch The RBI is test-running its digital rupee in numerous banks and Indian cities as it nears the official launch of the CBDC.

2022-12-1 16:30
launch digital rupee out bank reserve india

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India Set to Launch Digital Rupee This Week With Four Banks

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
four rupee banks launch digital set week

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India to Test Digital Rupee in 4 Cities With 4 Banks

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	policy
banks bank india central cities digital new

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The Reserve Bank of India to launch a retail CBDC pilot in December

The digital rupee is intended as a supplement to the current payment system and not its replacement.

2022-11-23 13:13	RBI
intended rupee digital supplement current replacement payment

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Indian central bank on track to launch retail CBDC pilot next month

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	CBDCs
bank central pilot retail indian india month

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RBI Launches Much-Anticipated Digital Rupee Pilot For Wholesale Segment

India’s much anticipated Digital Rupee has been launched for the wholesale segment on a pilot basis. The use case for Digital Rupee in wholesale will be the settlement of transactions in government securities in the secondary market, the RBI said in a statement.

2022-11-5 22:10	India
rupee wholesale digital pilot segment rbi settlement

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India Will Start Testing ‘E-Rupee’ Digital Currency On November 1

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	India
digital bank india november currency cbdc rupee

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India's RBI announces pilot launch of 'Digital Rupee' for 'specific use cases'

The Reserve Bank of India, India's central bank, has notified that its central bank digital currency (CBDC) pilot project will commence tomorrow. Earlier this month, the RBI announced the pilot of The post India's RBI announces pilot launch of 'Digital Rupee' for 'specific use cases' appeared first on AMBCrypto.

2022-10-31 19:00	News
india pilot rbi digital bank launch rupee

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India’s central bank starts digital rupee pilot

The Reserve Bank of India (RBI) will debut a pilot for its central bank digital currency (CBDC) targeting the wholesale segment, the bank announced on Monday. India is one of the countries with the highest number of cryptocurrency users, and while the government’s approach to crypto trading has been more unwelcoming, its been the opposite […] The post India’s central bank starts digital rupee pilot appeared first on Invezz.

2022-10-31 18:38
bank india pilot digital central rupee starts

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Reserve Bank of India to reportedly launch digital rupee pilot in November

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	Banks
rupee launch digital plans rbi retail segment

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RBI Releases Concept Note on Its CBDC, Pilot Project is in the Offing

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.

2022-10-16 00:08	India
rbi concept pilot project cbdc note year

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India’s Central Bank Releases Concept Note Ahead of CBDC Pilot

The Reserve Bank of India (RBI) has published a Concept Note for its digital rupee development project.

2022-10-11 03:00	RBI
concept india bank note published rupee project

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Concept Note Outlines The Roadmap To Digital Rupee – India’s Central Bank

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	India
digital india bank cbdc note central rupee

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India on course with its CBDC project, releases first Digital Rupee concept note

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	World
cbdc concept note rbi india digital bank

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What India’s CBDC Report Means for Crypto’s Future

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
india future means cbdc crypto report current

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Reserve bank of India outlines CBDC blueprint

The Reserve Bank of India (RBI) is finalizing plans to kickstart the pilot phase leading to the issuance of its central bank digital currency-“digital rupee”. The post Reserve bank of India outlines CBDC blueprint appeared first on CryptoSlate.

2022-10-8 22:09	CBDCs
bank reserve india digital blueprint outlines cbdc

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Reserve Bank of India (RBI) Ramps Up CBDC Drive with Digital Rupee Pilot Test

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	Reserve Bank of India
reserve pilot rbi bank india e-rupee retail

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India’s central bank outlines digital rupee CBDC plans

India’s Reserve Bank outlined the pros and cons of a digital rupee as it looks to raise awareness around its CBDC project.

2022-10-8 16:21	CBDC
cbdc india digital rupee bank looks cons

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Central Bank in India to Take Phased Approach to Introduction of Digital Currency

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
digital bank currency central india phased concept

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India to Launch CBDC by 2022-2023, Proposes 30% Tax on Crypto Income

Coinspeaker India to Launch CBDC by 2022-2023, Proposes 30% Tax on Crypto Income Having made this declaration on the digitized rendition of the Indian rupee, India's first Woman Finance Minister also offered the implementation of a thirty percent tax on crypto that focuses on the exchange and trade of virtual digital assets.

2022-2-2 16:33	CBDC
india tax crypto proposes launch cbdc income

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A 30% Tax-On-Gain Likely For All Cryptocurrencies As India Prepares To Launch Digital Rupee

India is set to launch its digital rupee in 2022, making it the tenth country to venture into CBDCs. The disclosure, which was included in its 2022 Union Budget, was made known by Nirmala Sitharaman, the country’s finance minister.

2022-2-1 13:07	India
digital launch 2022 country rupee india included

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India to introduce 30% crypto tax, digital rupee CBDC by 2022–23

Finance minister Nirmala Sitharaman believes the introduction of a CBDC will provide a “big boost” to India's digital economy.

2022-2-2 11:00	Crypto
india digital cbdc sitharaman believes nirmala minister

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Will India Create Regulatory Clarity For Bitcoin?

Perhaps plans around the digital rupee will enlighten India’s government, helping the legal stance of builders for bitcoin.

2021-11-10 01:30	India
bitcoin india builders government helping legal enlighten

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India: RBI Governor Hints at Digital Rupee Trial by December 2021

India could launch the pilot program for its digital rupee by December 2021, a report by CNBC confirms. Digital Rupee Pilot to Launch by December 2021 India’s central bank, the Reserve Bank of India (RBI) recently made its intentions public of launching its first digital currency trial programs by December 2021. Speaking to CNBC, RBIRead More

2021-8-28 21:00	RBI
digital december 2021 india rupee pilot bank

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RBI’s ‘phased implementation’ of Digital Rupee could help fold 190 Million Unbanked Indians into the formal financial system and close part of the digital gap

Financial exclusion is something that affects the entire nation in a significant way. We don’t talk about it enough as many of us are privileged to have wider access to every financial service available.

2021-7-29 15:00	featured
financial digital talk enough don significant way

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India to Introduce ‘Digital Rupee’ In Wholesale and Retail Segments

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	India
retail segments india rbi wholesale digital legal

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Indi to Introduce ‘Digital Rupee’ In Wholesale and Retail Segments

2021-7-24 21:27	India
retail rbi segments wholesale digital tank webinar

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India: RBI Considering ‘Phased Introduction’ of Digital Rupee

India’s central bank is mulling launching a pilot program for a CBDC. RBI Working Toward Phased Implementation of CBDC The Reserve Bank of India (RBI) is contemplating kick-starting a “phased implementation strategy” for a central bank digital currency (CBDC), The Economic Times reports.

2021-7-23 17:00
india cbdc bank rbi phased central implementation

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India Central Bank, RBI, Considers Rolling Out Digital Rupee In A ‘Phased’ Manner

The Reserve Bank of India (RBI) is working on a phased implementation strategy for its central bank digital currency (CBDC) program. India Considers Running CBDC Pilot Programs The Deputy Governor of RBI, T.

2021-7-23 16:44	CBDC
india bank rbi phased cbdc digital central

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'Time for India's CBDC is nigh,' but why is the RBI keeping Bitcoin at bay

The Indian cryptocurrency community is fighting the lack of regulatory clarity actively, but the government seems to be more enthused about the development of its digital rupee. Today, the Reserve BanThe post 'Time for India's CBDC is nigh,' but why is the RBI keeping Bitcoin at bay appeared first on AMBCrypto.

2021-7-22 18:30	India
keeping time bitcoin rbi bay india cbdc

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RBI Governor Believes Crypto has ‘Major Concerns’ While Teasing the Launch of a Digital Rupee

In an exclusive interview with CNBC TV18, Shaktikanta Das, the Reserve Bank of India (RBI) governor, said the central bank has “major concerns on cryptocurrencies. ” The central bank has already communicated the government's concerns, who will “take a call,” and if required, Parliament will also decide on regulating crypto.

2021-2-26 21:24	CBDC
bank concerns central rbi governor major crypto

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Central Bank of India Is Serious about Digital Rupee Project

Continue reading at Coinspeaker

2021-2-25 16:15
project continue reading coinspeaker rupee digital bank

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India’s Warren Buffett Wants Regulators to Ban Bitcoin and Focus on Digital Rupee

Indian billionaire Rakesh Jhunjhunwala, sometimes referred to as the Warren Buffett of India, says that the government should ban bitcoin. Calling the cryptocurrency “speculation of the highest order,” the billionaire investor stated that he will never buy bitcoin.

2021-2-25 15:15
bitcoin warren india billionaire buffett ban speculation

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Indian govt proposes total crypto ban

The Indian government has again sowed crypto confusion in the country, proposing a new law that will outlaw crypto entirely, while at the same time talking about launching an official digital Rupee. Aditya Das investigates.

2021-2-18 16:00	BNC insights
crypto indian time talking same entirely aditya

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2024-10-22 13:44

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