Reserve Bank of India Governor Shaktikanta Das said the central bank has “major concerns” regarding digital currencies.
Minister Anurag Singh Thakur recently clarified the government’s position on blockchain technology, the development of a digital rupee and the...
India’s digital currency industry faces an uncertain future, with a proposed draft bill threatening to impose a blanket ban on...
In a recent outlook on payments in the digital era, the bank justified its earlier apprehension, but revealed that it’s...
The instability of the rupee combined with high remittance fees is driving digital currency adoption in India.
India’s central bank has addressed the current ban on banks servicing the sector, noting that “no such prohibition exists.”