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Reserve Bank of India

Bank of India pushes for global regulatory efforts over digital asset industry
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3 January, 2023

Bank of India pushes for global regulatory efforts over digital asset industry

The RBI report suggested using the “same-risk-same-regulatory-outcome” principle, which would see the virtual currency service providers being regulated similarly to...
RBI governor warns next financial crisis will come from privately run digital currencies
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24 December, 2022

RBI governor warns next financial crisis will come from privately run digital currencies

Instead of speculative coins, RBI Governor Shaktikanta Das says CBDCs will address the growing 'cryptoization' of the economy while providing...
Reserve Bank of India launches country’s first retail CBDC pilot
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4 December, 2022

Reserve Bank of India launches country’s first retail CBDC pilot

Thirteen cities will be covered during the pilot, but at the start date, only Mumbai, New Delhi, Bengaluru, and Bhubaneswar...
India’s central bank to launch retail CBDC pilot in December
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25 November, 2022

India’s central bank to launch retail CBDC pilot in December

A number of commercial banks will participate in the project with RBI noting that each financial institution will test the...
Telangana gov’t partners with Reserve Bank of India for Web3.0 regulatory sandbox
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20 November, 2022

Telangana gov’t partners with Reserve Bank of India for Web3.0 regulatory sandbox

The sandbox aims to help Web 3.0 startups innovate with blockchain, the metaverse, non-fungible tokens (NFTs), and other similar technologies.
India to explore if digital rupee can reduce government securities trading fees
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3 November, 2022

India to explore if digital rupee can reduce government securities trading fees

The Reserve Bank of India expects the digital rupee would “pre-empt the need for settlement guarantee infrastructure or for collateral...
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