E-rupee

India holds ground on crypto tax, cuts jail time for defaults
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9 February, 2026

India holds ground on crypto tax, cuts jail time for defaults

In her Budget 2026 presentation, Nirmala Sitharaman announced the continuance of the punitive crypto tax, causing dismay among investors.
RBI eyes market transformation with CBDC-based tokenization
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17 October, 2025

RBI eyes market transformation with CBDC-based tokenization

India's central bank plans to use its wholesale CBDC to tokenize financial assets and settlements, aiming to make markets more...
India eyes CBDC, restates opposition against unbacked ‘crypto’
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14 October, 2025

India eyes CBDC, restates opposition against unbacked ‘crypto’

India will launch an RBI-backed digital currency that uses blockchain to make transactions faster, safer, more transparent, and less dependent...
India sidesteps crypto law, opts for limited oversight
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16 September, 2025

India sidesteps crypto law, opts for limited oversight

India is pulling back from a dedicated crypto law, as the RBI warns rules could backfire by giving digital assets...
Fintechs introduce CBDC with Reserve Bank of India
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7 February, 2025

Fintechs introduce CBDC with Reserve Bank of India

Fintech platforms like MobiKwik, Yes Bank, and Cred are introducing India's CBDC in collaboration with the Reserve Bank of India.
India: RBI to credit officers’ reimbursements into CBDC wallets
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14 January, 2025

India: RBI to credit officers’ reimbursements into CBDC wallets

Eager to prevent the digital rupee's further decline in usage due to stiff market competition, the RBI is piloting an...