India CBDC pilot may commence in December, says RBI governor
India’s central bank is carefully considering the merits of issuing a digital rupee as CBDC exploration continues to gather steam across the globe. Go to Source Powered by WPeMatico
Reserve Bank of India
Auto Added by WPeMatico
GoSats launches Bitcoin cashback rewards card in India
Users will be able to earn yield paid in BTC on all the rewards they’ve accumulated through the app. Go to Source Powered by WPeMatico
Reserve Bank of India mulls first steps toward an eventual CBDC
RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo. Go to Source Powered by WPeMatico
India’s ICICI Bank warns remittance users to steer away from Bitcoin
The bank has also asked users to not any invest fiat currency that may have links to previous cryptocurrency investments. Go to Source Powered by WPeMatico
Crypto exchanges in India still struggling to secure banking partners
India’s crypto exchanges continue to cope with the burden of limited access to banking services. Go to Source Powered by WPeMatico
Proposed crypto ban legislation reportedly under review by India’s government
Authorities in India are reportedly weighing up options concerning crypto regulations in the country. Go to Source Powered by WPeMatico
Indian central bank remains anti-crypto, affirming ‘no change’ in its stance
The Reserve Bank of India’s ban on banks’ dealings with crypto may be defunct but the institution remains apprehensive of — if not outright hostile to — cryptocurrencies. Go to Source Powered by WPeMatico
Indian central bank clarifies regulations as local banks shun crypto
Banks like HDFC and State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular. Go to Source Powered by WPeMatico
Mercurial on crypto: Will India’s latest stance lead to positive regulation?
Indian officials are switching their stance on crypto, but the country’s regulatory environment may have additional bottlenecks in store. Go to Source Powered by WPeMatico
Banning Bitcoin is like rejecting the US dollar, entrepreneur warns India
Rejecting crypto as a reserve currency will lead to an Indian currency devaluation of the worst kind, warns blockchain entrepreneur Raj Chowdry. Go to Source Powered by WPeMatico
