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Reserve Bank of India

India digital currency regulations aftermath: Frozen payments, Bitcoin brain drain, traders’ woes and more
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27 April, 2022

India digital currency regulations aftermath: Frozen payments, Bitcoin brain drain, traders’ woes and more

Investors and traders are bearing the strict regulations on digital currency in India—with some transferring their digital currencies to overseas...
Digital currencies are ‘akin to Ponzi Schemes’: RBI deputy
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18 February, 2022

Digital currencies are ‘akin to Ponzi Schemes’: RBI deputy

Deputy Governor T. Rabi Sankar at the Reserve Bank of India likened digital currencies to Ponzi schemes and said banning...
India digital currency sector hopeful of regulation during Feb 1 budget presentation
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28 January, 2022

India digital currency sector hopeful of regulation during Feb 1 budget presentation

India's Finance Minister Nirmala Sitharaman will read the budget on February 1, and many are hopeful that she'll talk digital...
India’s central bank sets up fintech department to oversee CBDC development
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13 January, 2022

India’s central bank sets up fintech department to oversee CBDC development

The department will promote innovation and aid policy interventions by the central bank while also overseeing the advancement of a...
India should go for basic version of its CBDC for now, central bank says
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3 January, 2022

India should go for basic version of its CBDC for now, central bank says

A basic form of a digital rupee would provide a safe, robust, and convenient alternative to cash in liquidity and...
India to test digital rupee in Q1 2023: official
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24 November, 2021

India to test digital rupee in Q1 2023: official

India plans to launch its first digital rupee pilot in first quarter of fiscal year 2023, with the slow implementation...
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