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Unified Lending Interface Will Be Launched In Due Course: RBI Chief
Reserve Bank Governor Shaktikanta Das on Monday said the central bank is constantly working on policies, systems, and platforms to make the country's financial sector strong, nimble and customer centric.
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HDFC Bank Onboards Over 1 Lakh Customers, 1.7 Lakh Merchants On Digital Currency Pilot
The largest private sector lender HDFC Bank on Thursday claimed that it has on-boarded over 1 lakh customers and more than 1.7 lakh merchants on the CBDC pilot programme and activated an interoperable UPI QR code with the e-rupee platform.
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TerraUSD Founder Do Kwon Indicted in US Following Montenegro Arrest
Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion (nearly Rs. 3,28,500 crore) or more last year, has been charged with fraud by US prosecutors. An eight-count indictment against Kwon was made public in the US District Court in Manhattan, several hours after news of his arrest earlier Thursda...
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RBI, UAE Central Bank Sign Pact To Increase Cooperation
The RBI and the UAE central bank on Wednesday signed an agreement to enhance cooperation in various areas, including exploring interoperability of Central Bank Digital Currencies (CBDC).
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Digital Rupee Pilot: 50,000 Users Transacting Through Digital Currency, Says RBI
The pilot project started on December 1 has witnessed 7.70 lakh transactions, and is now being carried out in five cities, Deputy Governor T Rabi Sankar said.
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Ex China Central Bank Official Says Digital Yuan is Little Used
Expressing disappointment with the result of a trial in select provinces and cities, the former official, Xie Ping, told a conference that application of the so-called digital yuan needed to be widened.
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Digital Rupee Pilot Has Blockchain Components, Features Of Physical Cash: Government
Central Bank Digital Currency pilot in the retail segment has components backed by blockchain technology and has several common features with physical cash, Minister of State for Finance Pankaj Chaudhary told the Lok Sabha on Monday.
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Digital Rupee: No Need To Create "Fear Psychosis" Over Privacy Concerns, Says RBI Governor
"It (CBDC) goes from my mobile to somebody else's mobile. So why should we create this fear psychosis?," Shaktikanta Das asked.
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Retail Digital Rupee Pilot Set To Launch Today. Read Details Here
The retail digital rupee makes its debut today. As the four banks selected by the Reserve Bank of India (RBI) gear up for the pilot launch of the digital rupee, here are 10 important points that you need to know about the digital currency
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RBI Set To Launch Retail Digital Rupee Pilot: 10 Points
Users can carry out transactions through digital wallets; only those digital wallets offered by banks participating in the RBI's digital currency drive can transact in retail digital rupee.
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Binance's Changpeng Zao Flags Possible $1 Billion Fund For Distressed Assets: Report
Cryptocurrency exchange Binance is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital sector, Bloomberg News reported today.
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Retail e-Rupee Trials Will Start In November Itself: RBI Governor
The Reserve Bank Of India (RBI) will follow up on the wholesale e-rupee pilot with a similar trial on the retail side this month itself, Governor Shaktikanta Das said today.
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RBI Set To Launch Digital Rupee Pilot For Wholesale Segment Tomorrow
The Reserve Bank said the first pilot of the Central Bank Digital Currency -- Digital Rupee (Wholesale segment) will be launched on Tuesday for transactions in government securities.
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Crypto Industry Disappointed As Australia Looks To Tax Digital Currencies
The crypto industry said it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency.
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RBI Announces Digital Rupee. E-Rupee To Launch Soon On Pilot Basis
The Reserve Bank of India today said it will soon commence the pilot launch of digital Rupee or e-Rupee for specific use cases as it tests digital currency in India.
-
Unified Lending Interface Will Be Launched In Due Course: RBI Chief
Reserve Bank Governor Shaktikanta Das on Monday said the central bank is constantly working on policies, systems, and platforms to make the country's financial sector strong, nimble and customer centric.
-
HDFC Bank Onboards Over 1 Lakh Customers, 1.7 Lakh Merchants On Digital Currency Pilot
The largest private sector lender HDFC Bank on Thursday claimed that it has on-boarded over 1 lakh customers and more than 1.7 lakh merchants on the CBDC pilot programme and activated an interoperable UPI QR code with the e-rupee platform.
-
TerraUSD Founder Do Kwon Indicted in US Following Montenegro Arrest
Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion (nearly Rs. 3,28,500 crore) or more last year, has been charged with fraud by US prosecutors. An eight-count indictment against Kwon was made public in the US District Court in Manhattan, several hours after news of his arrest earlier Thursda...
-
RBI, UAE Central Bank Sign Pact To Increase Cooperation
The RBI and the UAE central bank on Wednesday signed an agreement to enhance cooperation in various areas, including exploring interoperability of Central Bank Digital Currencies (CBDC).
-
Digital Rupee Pilot: 50,000 Users Transacting Through Digital Currency, Says RBI
The pilot project started on December 1 has witnessed 7.70 lakh transactions, and is now being carried out in five cities, Deputy Governor T Rabi Sankar said.
-
Ex China Central Bank Official Says Digital Yuan is Little Used
Expressing disappointment with the result of a trial in select provinces and cities, the former official, Xie Ping, told a conference that application of the so-called digital yuan needed to be widened.
-
Digital Rupee Pilot Has Blockchain Components, Features Of Physical Cash: Government
Central Bank Digital Currency pilot in the retail segment has components backed by blockchain technology and has several common features with physical cash, Minister of State for Finance Pankaj Chaudhary told the Lok Sabha on Monday.
-
Digital Rupee: No Need To Create "Fear Psychosis" Over Privacy Concerns, Says RBI Governor
"It (CBDC) goes from my mobile to somebody else's mobile. So why should we create this fear psychosis?," Shaktikanta Das asked.
-
Retail Digital Rupee Pilot Set To Launch Today. Read Details Here
The retail digital rupee makes its debut today. As the four banks selected by the Reserve Bank of India (RBI) gear up for the pilot launch of the digital rupee, here are 10 important points that you need to know about the digital currency
-
RBI Set To Launch Retail Digital Rupee Pilot: 10 Points
Users can carry out transactions through digital wallets; only those digital wallets offered by banks participating in the RBI's digital currency drive can transact in retail digital rupee.
-
Binance's Changpeng Zao Flags Possible $1 Billion Fund For Distressed Assets: Report
Cryptocurrency exchange Binance is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital sector, Bloomberg News reported today.
-
Retail e-Rupee Trials Will Start In November Itself: RBI Governor
The Reserve Bank Of India (RBI) will follow up on the wholesale e-rupee pilot with a similar trial on the retail side this month itself, Governor Shaktikanta Das said today.
-
RBI Set To Launch Digital Rupee Pilot For Wholesale Segment Tomorrow
The Reserve Bank said the first pilot of the Central Bank Digital Currency -- Digital Rupee (Wholesale segment) will be launched on Tuesday for transactions in government securities.
-
Crypto Industry Disappointed As Australia Looks To Tax Digital Currencies
The crypto industry said it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency.
-
RBI Announces Digital Rupee. E-Rupee To Launch Soon On Pilot Basis
The Reserve Bank of India today said it will soon commence the pilot launch of digital Rupee or e-Rupee for specific use cases as it tests digital currency in India.
