News You can soon scan UPI QR codes and pay with CBDC; here’s what this means for the future of the digital rupee Shortly after RBI Deputy Governor’s announcement regarding the soon-to-launch digital currency, HDFC Bank commenced its service of CBDC interoperable QR codes. Sarvesh MathiJuly 17, 2023
News Why will Europe need political consensus to roll out digital euro? Eurogroup has been meeting regularly to discuss the political dimensions of a digital euro, the statement by the informal body explained. MitakshJanuary 17, 2023
News RBI to begin testing digital rupee (CBDC) from today. Here’s what you need to know. India's central bank RBI has launched its pilot of the digital rupee (e-rupee), the country's own CBDC, in the wholesale segment MitakshNovember 1, 2022
News TLDR: Aadhaar for newborns in Odisha, Zomato delivery workers go on strike, YouTube India adds new health features, and more Odisha to issue Aadhaar for newborns Odisha’s state government will enroll babies in Aadhaar (known as Baal Aadhaar) as soon as they are born... Pallavi GuptaMarch 24, 2022
News The legal anatomy of cryptocurrency regulation in India This article addresses the legal and practical ambiguities in understanding the complex crypto ecosystem in India. Guest AuthorMarch 21, 2022
News Summary: US President Biden’s Executive Order to explore various facets of digital assets including CBDCs The Biden administration is also exploring introducing a digital dollar. MitakshMarch 11, 2022
News Finance Minister sees clear benefits of digital rupee in facilitating large transactions between organisations and banks The finance minister also indicated the government's stance on digital banking and IP-related concerns. MitakshMarch 9, 2022
News Why RBI is being cautious in rolling out the Central Bank Digital Currency The government first announced its plans for a CBDC in January 2021, but the progress has been sluggish. Sarvesh MathiFebruary 24, 2022
News RBI governor reiterates concerns around crypto, adding tulips had more value during Tulip mania He also revealed that the RBI is working out the chinks in its CBDC project, but stopped short of providing a timeline. MitakshFebruary 11, 2022
News Summary: IMF’s report on CBDC advocates information-sharing among countries for successful roll-out Taking stock of projects in advanced stages, the IMF proposed ways to operationalise CBDCs and navigate their risks. MitakshFebruary 11, 2022