The Reserve Bank of India (RBI) is considering the release of a new digital version of the rupee, the national currency of India. The RBI Could Soon Unveil the Digital Rupee In a document explaining t...
Tag: RBI
RBI declares its pilot project of Digital Rupee with CBDC
In October 2022, the Reserve Bank of India issued an official concept note to Central Bank Digital Currency (CBDC) regarding tips and guidelines for creating the intended digital currency. The prime p...
Indian Central Bank RBI Begins First Digital Rupee Pilot Today – Regulation Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), is launching its first digital rupee pilot on Nov. 1. with the participation of nine banks. “Settlement in central bank money would reduce transa...
India’s RBI announces pilot launch of ‘Digital Rupee’ for ‘specific use cases’
The Reserve Bank of India, India’s central bank, has notified that its central bank digital currency (CBDC) pilot project will commence tomorrow. Earlier this month, the RBI announced the pilot of Dig...
RBI Drop Final Date For Pilot Launch Of Digital Rupee
The Reserve Bank of India (RBI), after much anticipation, finally announced the date for the pilot launch of the Digital Rupee. The Central bank has also identified nine major banks that will be comme...
RBI Releases Concept Note on Its CBDC, Pilot Project is in the Offing ⋆ ZyCrypto
Advertisement     On Friday, the Reserve Bank of India (RBI) released a concept note on the planned launch of CBDC or digital rupee this year. It said a pilot project ...
RBI Says Private Cryptos Undermining Financial System – Oryen, MATIC, And Cosmos Continue To Innovate Finance
Some traditional analysts say crypto projects undermine the financial system, but this is a hotly contested topic. Others argue that they only threaten conventional methods of finance and financial in...
India’s Central Bank RBI To Soon Launch CBDC Pilot
India’s Central Bank, the Reserve Bank of India, is soon to commence the launch of its CBDC, which is the Central Bank Digital Currency aimed at specific use cases. The Reserve Bank of India has state...
RBI Releases Publication of CBDC to be Issued in India
The FinTech department of the Reserved Bank of India (RBI) recently released concept notes on the issuance of its Central Bank Digital Currency (CBDC) in India. This was revealed in a tweet from the ...
Reserve Bank of India (RBI) Ramps Up CBDC Drive with Digital Rupee Pilot Test – crypto.news
Amid the growing call for central bank digital currency, the Reserve Bank of India (RBI) announced on Friday that it would begin the pilot launch of the e-Rupee for retail transactions. India seeks to...
India’s Central Bank RBI Publishes Digital Currency Details — Confirms Digital Rupee Pilot Launching ‘Soon’ – Regulation Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), says it will soon commence “limited pilot launches” of the country’s digital currency (digital rupee) for specific use cases. The central bank ex...
Reserve Bank of India (RBI) Reveals Upcoming CBDC Plans
2 hours ago | 2 mins read Altcoin News The paper provides a concise overview of the rationale for the launch of CBDC. Since its inception, the RBI has been wary of public blockchains and cryptocurrenc...
RBI To Pilot launch E-Rupee
The Reserve Bank of India (RBI) announced that it will soon be commencing the pilot launch of its e-rupee. However, it will carry some specific use cases in order to boost the nation’s digital economy...
Four banks that India’s RBI is kicking off CBDC test 1
RBI (Reserve Bank of India) has selected four banks that would help with the pilot test of its CBDC, the digital Rupee. According to several reports, the premier banks want the four public banks to he...
RBI to Trial CBDC With the Participation of Public-Sector Banks
58 mins ago | 2 mins read Editors News RBI asked four government-owned banks to participate in the CBDC trial. Recently, the RBI declared that the CBDC will launch in 3 stages. Ahead of the launch of ...
According to the RBI, the digital rupee will arrive in the first quarter of 2023.
India bet on the digital rupee and plans to launch it in the first quarter of 2023. The Indian government’s battle against crypto trading has proven that the national authority does not have the power...
USD/INR: USD to rupee forms doji ahead of RBI decision
The USD/INR price formed a long-legged doji pattern as investors waited for the upcoming interest rate decision by the Reserve Bank of India (RBI). The pair rose to a high of 78.98, which was about 1%...
Shaktikanta Das of RBI Fame Is Concerned About Crypto
Shaktikanta Das – the governor of the Reserve Bank of India (RBI) – is not a fan of cryptocurrencies, having recently insulted them and practically cursed them in an interview. He even went so far as ...
RBI Is Still Aiming At A Crypto Ban, Says Finance Minister
Finance Minister of India, Nirmala Sitharaman has revealed that Reserve Bank Of India insists a ban on cryptocurrency. Despite making their stance on digital asset clear, India continues to seek globa...
India’s finance minister reveals RBI wants to ban crypto but seeks global cooperation
India’s Finance Minister Nirmala Sitharaman has said the country’s central bank is pushing for the ban on cryptocurrencies, but there is a need for global collaboration. Sitharaman revealed that the ...
RBI Governor Warns About the Crypto Risks
38 seconds ago | 2 mins read Editors News The FSR 2022 records various statements highlighting the risks in the crypto market. 1% tax on crypto transactions reduced the volume of trading to 50% quanti...
RBI Engages with Top Banks to Pilot Blockchain-based Trade Financing Project – crypto.news
India’s central bank, the Reserve Bank of India (RBI) has tapped top nation banks such as HDFC, ICICI, and SBI for a blockchain-based trade financing project, Economic Times reports, June 23, 2022. RB...
RBI, Indian Banks to Pilot Blockchain Trade Financing: Report
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RBI Proposes Separate Regulatory Body For Crypto Sector in India
38 mins ago | 2 mins read Editors News Last year, the government wanted to award the role of crypto regulation to SEBI. Stars might face heavy fines for promoting a false or deceptive claim in a comme...
India’s Central Bank Is Constantly Engaged With the Government on Crypto: RBI Chief India’s Central Bank Is Constantly Engaged with the Government: RBI Chief
India’s central bank is constantly engaged with the government on cryptocurrencies, the Reserve Bank of India (RBI) Governor said on Wednesday. “I can say that on all issues there is constant engagem...
USD to INR analysis ahead of the RBI decision
The USD/INR price has been in a tight range in the past few days as investors target the upcoming Reserve Bank of India (RBI) interest rate decision. The USD to INR pair is trading at 77.61, which is ...
RBI Deputy Governor Weighs on CBDCs Following India’s Stance on Crypto
Bitcoin News The RBI has long warned about cryptocurrencies being a threat. The Indian central bank is currently developing its own CBDC. RBI Deputy Governor T. Rabi Sankar talked about the potential ...
RBI official backs CBDC to kill crypto 1
An RBI official has said that he is giving CBDCs the much-needed backing to destroy private digital assets like Bitcoin and Ethereum. The official in question is the Deputy Governor of the Bank, Rabi ...
India’s RBI deputy governor to IMF
In discussion with the International Monetary Fund (IMF), T Rabi Sankar, the deputy governor of the Reserve Bank of India (RBI), reflected an anti-crypto stance as he spoke about India’s potential to ...
RBI to Adopt “Graded Approach” Toward Digital Rupee Launch – crypto.news
The Reserve Bank of India (RBI) is set to adopt a “graded approach” towards the introduction of the central bank digital currency (CBDC) in India, the annual report published on May 27 notes. RBI to T...
India to roll out CBDC using a graded approach: RBI Annual Report
Further cementing India’s decision to introduce an in-house central bank digital currency (CBDC) in 2022-23, the Reserve Bank of India (RBI) proposed a three-step graded approach for rolling out CBDC ...
India’s Central Bank RBI to Adopt a ‘Graded Approach’ to Digital Currency Launch – Regulation Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), has proposed to adopt a “graded approach” to launching the country’s central bank digital currency (CBDC). The RBI also said it is exploring the ...