One of the reasons the RBI explores the possibilities of a CBDC is its potential to improve cross-border payments while still promoting financial inclusion and protecting the “common man.”
A single-token digital identity is known as the next iteration of identity solutions by the government, with the benefits of preventing identity theft and the activities of bad actors.
Several Chinese entities were busted over their alleged involvement in a fraudulent scheme that saw the misappropriation of millions of dollars of monies, forcing authorities to freeze their funds.
WazirX will lay off as many as 70 employees, many of whom were assured of their job security just months prior as "crypto winter" and Binance spat take their toll.
The Enforcement Director D froze a wallet containing 77 BTC, which was bought through WazirX and later transferred to Binance by the operators of E-Nuggets mobile gaming scam.
Amid its tumultuous ties with digital assets, India is positive that the public and private sectors will embrace the use of distributed ledgers in the future as it transitions into a digital society.
Geared toward reaching its ambition of becoming a regional powerhouse in the digital scene, India sets up a first-of-its-kind collaboration to drive locals to learn blockchain technology.
Maharashtra’s inspector General of the Department of Registration and Stamps said that information on all property in the region would be stored on public ledgers, and documents would have a serial number.
The Citadel office will be free to use for developers, CEOs, and BSV knowledge seekers and will also be used for BSV outreach events, hackathons, meetups, and regular meetings.
Thousands of digital assets investors in India have fallen prey to a scam operated by a lone man as the volatile 'crypto' industry suffers setbacks due to rising cybercriminals in the space.
India is eager to kickstart its CBDC trial, partnering with renowned fintech firms to ensure the success of the initiative, which experts say will likely be tailored after China's digital yuan.
Accenture India pursues its vision to contribute to the expansion of the metaverse by hiring and upskilling workers in line with the continuous developments in the tech industry.
