Reserve Bank of India
India in ‘no hurry’ for CBDC development despite notching huge milestones
India’s digital rupee pilot already had over 50,000 users and 5,000 merchants, but despite the impressive numbers, the Reserve Bank...
Reserve Bank of India Gov: Digital currencies are akin to gambling and should be banned
Shaktikanta Das, head of the Reserve Bank of India, says that the best way to regulate the industry is to...
Systemic risk and digital assets
The impact of FTX's collapse may be largely restricted to the digital asset industry, but one effect the crisis had...
Bank of India pushes for global regulatory efforts over digital asset industry
The RBI report suggested using the “same-risk-same-regulatory-outcome” principle, which would see the virtual currency service providers being regulated similarly to...
RBI governor warns next financial crisis will come from privately run digital currencies
Instead of speculative coins, RBI Governor Shaktikanta Das says CBDCs will address the growing 'cryptoization' of the economy while providing...
Reserve Bank of India launches country’s first retail CBDC pilot
Thirteen cities will be covered during the pilot, but at the start date, only Mumbai, New Delhi, Bengaluru, and Bhubaneswar...
