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Reserve Bank of India
India presses ahead with CBDC pilot run on wholesale business
The adoption of CBDCs in India will be conducted in phases on FY 2022-2023, beginning with wholesale businesses, as the...
Kumaraguru Ramanujam: Using Bitcoin SV to send money across borders
Kumaraguru Ramanujam’s application, MoneySwipe, aims to bring down fees for sending money abroad from the current global average of 7%...
Reserve Bank of India approves firm to deploy blockchain solution for cross-border payments
Open Financial Technologies, an India-based neo-banking startup, is set to deploy its blockchain-based cross-border transaction monitoring solution after its approval...
Reserve Bank of India: Phased retail and wholesale CBDC implementation still in the works
Ajay Kumar Choudhary stated that the RBI would leverage the Union Budget 2022-23 that gives legal backing to the CBDC...
India finance minister: Digital assets policy needs international collaboration to be effective
The finance ministry does not support RBI's plan to ban digital assets because a decision to ban them will only...
RBI: Chances of India’s ‘cryptoisation’ limited but still need close monitoring
The Reserve Bank of India states that digital assets don't pose a significant risk because the market is relatively small,...
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