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India

India: 6 potential risks of stablecoins for developing economies, according to central bank
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6 July, 2023

India: 6 potential risks of stablecoins for developing economies, according to central bank

The risks enumerated by the Reserve Bank of India include currency threat of currency substitution, circumvention of capital flow controls,...
India central bank turns to cross-border functionality despite advocating for cautious CBDC development
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5 July, 2023

India central bank turns to cross-border functionality despite advocating for cautious CBDC development

The Reserve Bank of India is keen on experimenting with multiple CBDC use cases outside the purview of domestic payments,...
India’s Pune taps blockchain for property registration after year-long pilot
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22 June, 2023

India’s Pune taps blockchain for property registration after year-long pilot

The Indian city of Pune is in the last leg of adopting blockchain technology in an attempt to counter fraud...
Reserve Bank of India targets 1M CBDC users before end of June 2023
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15 June, 2023

Reserve Bank of India targets 1M CBDC users before end of June 2023

To prevent shocking its financial system, the central bank says it will take a "calibrated approach" in launching the digital...
JPMorgan launches blockchain platform pilot to settle dollar transactions in India
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11 June, 2023

JPMorgan launches blockchain platform pilot to settle dollar transactions in India

JPMorgan launches an ambitious dollar pilot project in India's GIFT City with local financial institutions, an initiative utilizing blockchain to...
India’s central bank is keen on steering G20 toward macro risks posed by digital currencies
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6 June, 2023

India’s central bank is keen on steering G20 toward macro risks posed by digital currencies

While Indian regulators are focused on protecting retail investors, the broader payments ecosystem faces significant risks from digital currencies, according...
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