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India's central bank has two types of CBDCs in the works, and the government is preparing a legal framework for them.
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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.
This development comes 8 months after MediaNama reported how private banks shut off its banking services to crypto exchanges
The social media giant has expanded the number of regulatory licenses it accepts from 3 to 27; read the full list.
The revised guidelines are expected to temper the tone of wild profits in commercials about cryptocurrencies.
Amid confusion on what approach the government will take to regulate cryptocurrency, this report pushes for a new framework.
The scope of blockchain tech in providing financial services was also revealed by the Ministry, separately.
Rumours of government legislation banning cryptocurrencies had stirred panic among investors in India.
This video, from a members-only call we hosted on November 26, 2021, contains an overview of the regulatory challenges faced by the government, amid a...
