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It gives a chance for central banks to examine the use cases for their respective digital currency, prior to full rollout.
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It gives a chance for central banks to examine the use cases for their respective digital currency, prior to full rollout.
India's central bank has two types of CBDCs in the works, and the government is preparing a legal framework for them.
The cryptocurrency wallet also said that it has embedded controls that enable 24/7 monitoring to detect and flag "suspicious" activity.
More robust, efficient, trusted, regulated and legal tender-based payments option is one among the many benefits of CBDC according to Finance Ministry.
In Parliament, the government revealed its position on Bitcoin as legal tender and made its case for a CBDC.
Speaking at a webinar, the RBI deputy governor examined key issues related to bank-backed digital currencies and spoke about why they were important given...
On Monday, the Reserve Bank of India issued a notification on virtual currencies or crypto-currencies and reiterated what it has been saying for over...
HDFC Bank and SBI Cards sent emails to their customers, last week, warning them about the risks of trading in crypto-currencies. While HDFC Bank...
Several leading crypto-currencies around the world and in India faced network issues over the last two days after a series of events caused a...
The United States’ is moving towards creating its own Central Bank Digital Currency (CBDC) or “digital dollar” and will launch five pilots in the...
