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Taking stock of projects in advanced stages, the IMF proposed ways to operationalise CBDCs and navigate their risks.
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Taking stock of projects in advanced stages, the IMF proposed ways to operationalise CBDCs and navigate their risks.
Recently, PM Modi said that the digital rupee "will be completely controlled and monitored."
This may be a sign that India's crypto space is evolving into a mature financial market even as tax uncertainties loom.
The proposed rules have been met with criticism as an SEC commissioner herself warned that its scope is too broad.
The platform will join Reddit and Meta in exploring similar plans, indicating that the NFT hype might be here to stay.
CBDCs present the government with the opportunity to counter the surging adoption of private crypto like Bitcoin.
The proposed flat tax on crypto may be the talk of the town, but there's more to the government's budget plans around tech.
While most crypto exchanges in India welcomed the announcement, lawyers urged to consider the exact implications.
The CBDC is seen as the RBI's response to the rapid growth in adoption of private cryptocurrencies among Indian investors.
Rebranding and restructuring efforts couldn't save the Diem stablecoin which faced staunch opposition right from the start.
