Digital Rupee

India taking first steps towards a digital rupee to fight ‘private’ virtual currencies
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26 July, 2021

India taking first steps towards a digital rupee to fight ‘private’ virtual currencies

Rabi Sankar, deputy governor at the Reserve Bank of India, noted the need for India to keep pace with other...
Pakistan is studying CBDC for financial inclusion
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14 April, 2021

Pakistan is studying CBDC for financial inclusion

The governor of the State Bank of Pakistan believes that a state-back digital rupee can bring two-fold benefits to the...
India won’t ban digital currencies: finance minister
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10 March, 2021

India won’t ban digital currencies: finance minister

Finance Minister Nirmala Sitharaman assured that despite reports of government hostility against the industry, it will take a measured approach.
India proposes banning Bitcoin and developing a digital rupee
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4 February, 2021

India proposes banning Bitcoin and developing a digital rupee

India’s digital currency industry faces an uncertain future, with a proposed draft bill threatening to impose a blanket ban on...
India’s central bank exploring the need for digital currency
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30 January, 2021

India’s central bank exploring the need for digital currency

In a recent outlook on payments in the digital era, the bank justified its earlier apprehension, but revealed that it’s...
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