The RBI report suggested using the “same-risk-same-regulatory-outcome” principle, which would see the virtual currency service providers being regulated similarly to...
Instead of speculative coins, RBI Governor Shaktikanta Das says CBDCs will address the growing 'cryptoization' of the economy while providing...
Thirteen cities will be covered during the pilot, but at the start date, only Mumbai, New Delhi, Bengaluru, and Bhubaneswar...
A number of commercial banks will participate in the project with RBI noting that each financial institution will test the...
The sandbox aims to help Web 3.0 startups innovate with blockchain, the metaverse, non-fungible tokens (NFTs), and other similar technologies.
The Reserve Bank of India expects the digital rupee would “pre-empt the need for settlement guarantee infrastructure or for collateral...