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Reliance, Airtel Among Nifty 50 Firms Experimenting with Web3, Testifies to Sector Growth: Mudrex
- Thursday February 27, 2025
- Written by Radhika Parashar, Edited by Siddharth Suvarna
About 16 Nifty 50 firms, including Reliance, Airtel, ITC, and TCS, are exploring Web3 for digital marketing, supply chain management, CBDCs, and cross-border trading, according to a report by crypto investment firm Mudrex that was exclusively shared with Gadgets 360.
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www.gadgets360.com
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MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
- Wednesday January 29, 2025
- Press Trust of India
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
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www.gadgets360.com
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Trump Bans Creation Of A 'Digital Dollar' To Protect Americans
- Friday January 24, 2025
- World News | Agence France-Presse
US President Donald Trump issued an executive order Thursday effectively banning the establishment of a central bank digital currency, in a move long supported by Congressional Republicans.
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www.ndtv.com
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Birla Institute of Management Technology Launches Bimcoin, a Blockchain-Based Campus CurrencyÂ
- Wednesday January 22, 2025
- Written by Radhika Parashar, Edited by Manas Mitul
BIMTECH has designed Bimcoin to facilitate secure and transparent transactions within the institute’s internal ecosystem for students, administrators, and vendors. Unlike conventional financial systems, Bimcoin leverages blockchain’s decentralised nature, ensuring transparency, and incorporating programmable features such as smart contracts, th...
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www.gadgets360.com
-
Jio Platforms Partners Polygon Labs to Bring Web3 Capabilities to Existing Apps, Services
- Thursday January 16, 2025
- Written by Radhika Parashar, Edited by David Delima
With Polygon, Jio aims to explore the possibilities of Web3 and offer an enhanced digital experience to the users, Kiran Thomas, the CEO of JPL has said in an official statement that confirms the development. Â
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www.gadgets360.com
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RBI Governor Shaktikanta Das Highlights India’s Progress on CBDCs in Farewell Address: Key Insights
- Thursday December 12, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Shaktikanta Das concluded his tenure as RBI Governor this week. In his farewell address, he highlighted the ongoing advanced trials of India’s eRupee CBDC as one of the nation’s most significant achievements in recent years.
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www.gadgets360.com
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BRICS' Move to Introduce Digital Assets Platform for De-Dollarisation Sparks Criticism from Trump
- Monday December 2, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Over the weekend, Trump warned BRICS nations, including India, to prepare for a 100 percent increase in tariff rates if they persist in efforts to diminish the US dollar's role in the global economy.
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www.gadgets360.com
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Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
- Thursday November 28, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
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www.gadgets360.com
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RBI to Roll Out eRupee CBDC Widely After Viewing Outcome or Impact: Report
- Wednesday November 20, 2024
- Written by Radhika Parashar, Edited by David Delima
Despite the recent developments in the area, India’s central bank is is no rush to roll out the CBDC to the nationals. The situation was addressed in Philippines by RBI deputy governor T. Rabi Sankar, reportedly during a conference.
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www.gadgets360.com
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Huawei’s HarmonyOS Next Reportedly Gains Support for China’s Digital Yuan
- Monday November 4, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Huawei’s HarmonyOS Next now reportedly offers support for China’s e-CNY CBDC. The aim here is to drive widespread adoption of the digital currency. As one of China’s leading smartphone brands, Huawei reportedly serves nearly a billion users, potentially enabling broad access to the e-CNY and accelerating its reach to the masses.
-
www.gadgets360.com
-
RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
- Monday October 14, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
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www.gadgets360.com
-
Global Bank Messaging Network SWIFT to Trial Live Digital Currency Transactions in 2025
- Thursday October 3, 2024
- Reuters
SWIFT will trial live transactions of tokenised assets and digital currencies next year. Banks and asset managers hope that by using digital units - usually blockchain-based tokens that represent a share of the underlying asset - trading can be quicker, cheaper and more efficient, including by cutting out middlemen involved in many transactions.
-
www.gadgets360.com
-
Hong Kong's HKMA to Upgrade e-HKD CBDC With Programmability, Offline Payment Features Similar to eRupee
- Tuesday September 24, 2024
- Written by Radhika Parashar, Edited by David Delima
Hong Kong is officially launching its e-HKD CBDC into its second, extended trial phase. the HKMA plans to equip the e-HKD CBDC with programmability and offline payments features. Another CBDC use case that Hong Kong is zealously exploring, is its use for tokenised deposits.
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www.gadgets360.com
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What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF
- Monday September 23, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...
-
www.gadgets360.com
-
Central Bank Digital Currency Momentum Shows Growth, Study Shows
- Tuesday September 17, 2024
- Reuters
The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...
-
www.gadgets360.com
-
Reliance, Airtel Among Nifty 50 Firms Experimenting with Web3, Testifies to Sector Growth: Mudrex
- Thursday February 27, 2025
- Written by Radhika Parashar, Edited by Siddharth Suvarna
About 16 Nifty 50 firms, including Reliance, Airtel, ITC, and TCS, are exploring Web3 for digital marketing, supply chain management, CBDCs, and cross-border trading, according to a report by crypto investment firm Mudrex that was exclusively shared with Gadgets 360.
-
www.gadgets360.com
-
MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
- Wednesday January 29, 2025
- Press Trust of India
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
-
www.gadgets360.com
-
Trump Bans Creation Of A 'Digital Dollar' To Protect Americans
- Friday January 24, 2025
- World News | Agence France-Presse
US President Donald Trump issued an executive order Thursday effectively banning the establishment of a central bank digital currency, in a move long supported by Congressional Republicans.
-
www.ndtv.com
-
Birla Institute of Management Technology Launches Bimcoin, a Blockchain-Based Campus CurrencyÂ
- Wednesday January 22, 2025
- Written by Radhika Parashar, Edited by Manas Mitul
BIMTECH has designed Bimcoin to facilitate secure and transparent transactions within the institute’s internal ecosystem for students, administrators, and vendors. Unlike conventional financial systems, Bimcoin leverages blockchain’s decentralised nature, ensuring transparency, and incorporating programmable features such as smart contracts, th...
-
www.gadgets360.com
-
Jio Platforms Partners Polygon Labs to Bring Web3 Capabilities to Existing Apps, Services
- Thursday January 16, 2025
- Written by Radhika Parashar, Edited by David Delima
With Polygon, Jio aims to explore the possibilities of Web3 and offer an enhanced digital experience to the users, Kiran Thomas, the CEO of JPL has said in an official statement that confirms the development. Â
-
www.gadgets360.com
-
RBI Governor Shaktikanta Das Highlights India’s Progress on CBDCs in Farewell Address: Key Insights
- Thursday December 12, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Shaktikanta Das concluded his tenure as RBI Governor this week. In his farewell address, he highlighted the ongoing advanced trials of India’s eRupee CBDC as one of the nation’s most significant achievements in recent years.
-
www.gadgets360.com
-
BRICS' Move to Introduce Digital Assets Platform for De-Dollarisation Sparks Criticism from Trump
- Monday December 2, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Over the weekend, Trump warned BRICS nations, including India, to prepare for a 100 percent increase in tariff rates if they persist in efforts to diminish the US dollar's role in the global economy.
-
www.gadgets360.com
-
Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
- Thursday November 28, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
-
www.gadgets360.com
-
RBI to Roll Out eRupee CBDC Widely After Viewing Outcome or Impact: Report
- Wednesday November 20, 2024
- Written by Radhika Parashar, Edited by David Delima
Despite the recent developments in the area, India’s central bank is is no rush to roll out the CBDC to the nationals. The situation was addressed in Philippines by RBI deputy governor T. Rabi Sankar, reportedly during a conference.
-
www.gadgets360.com
-
Huawei’s HarmonyOS Next Reportedly Gains Support for China’s Digital Yuan
- Monday November 4, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Huawei’s HarmonyOS Next now reportedly offers support for China’s e-CNY CBDC. The aim here is to drive widespread adoption of the digital currency. As one of China’s leading smartphone brands, Huawei reportedly serves nearly a billion users, potentially enabling broad access to the e-CNY and accelerating its reach to the masses.
-
www.gadgets360.com
-
RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
- Monday October 14, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
-
www.gadgets360.com
-
Global Bank Messaging Network SWIFT to Trial Live Digital Currency Transactions in 2025
- Thursday October 3, 2024
- Reuters
SWIFT will trial live transactions of tokenised assets and digital currencies next year. Banks and asset managers hope that by using digital units - usually blockchain-based tokens that represent a share of the underlying asset - trading can be quicker, cheaper and more efficient, including by cutting out middlemen involved in many transactions.
-
www.gadgets360.com
-
Hong Kong's HKMA to Upgrade e-HKD CBDC With Programmability, Offline Payment Features Similar to eRupee
- Tuesday September 24, 2024
- Written by Radhika Parashar, Edited by David Delima
Hong Kong is officially launching its e-HKD CBDC into its second, extended trial phase. the HKMA plans to equip the e-HKD CBDC with programmability and offline payments features. Another CBDC use case that Hong Kong is zealously exploring, is its use for tokenised deposits.
-
www.gadgets360.com
-
What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF
- Monday September 23, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...
-
www.gadgets360.com
-
Central Bank Digital Currency Momentum Shows Growth, Study Shows
- Tuesday September 17, 2024
- Reuters
The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...
-
www.gadgets360.com