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Reserve Bank of India

India awaits global recommendation to ban non-custodial wallets: report
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7 September, 2022

India awaits global recommendation to ban non-custodial wallets: report

The finance ministry and the Reserve Bank of India are reportedly in agreement that banning non-custodial digital asset wallets without...
Reserve Bank of India governor says investors heeding warnings against investing in digital assets
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28 August, 2022

Reserve Bank of India governor says investors heeding warnings against investing in digital assets

The Reserve Bank of India insisted on banning digital assets due to heightened risks, as it continues to warn potential...
India presses ahead with CBDC pilot run on wholesale business
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25 August, 2022

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
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4 August, 2022

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
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1 August, 2022

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
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26 July, 2022

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...
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