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Reliance Retail, as the largest Indian retailer, serves as a fertile testing ground for digital rupee and can help build consumer awareness around it
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Reliance Retail, as the largest Indian retailer, serves as a fertile testing ground for digital rupee and can help build consumer awareness around it
India's central bank RBI has launched its pilot of the digital rupee (e-rupee), the country's own CBDC, in the wholesale segment
This article addresses the legal and practical ambiguities in understanding the complex crypto ecosystem in India.
CBDCs present the government with the opportunity to counter the surging adoption of private crypto like Bitcoin.
The CBDC is seen as the RBI's response to the rapid growth in adoption of private cryptocurrencies among Indian investors.
India's central bank has two types of CBDCs in the works, and the government is preparing a legal framework for them.
In Parliament, the government revealed its position on Bitcoin as legal tender and made its case for a CBDC.
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...
After leading private sector banks began instructing payment gateway firms to block services to many Indian crypto-exchanges over the past month, Paytm Payments Bank...
The government could set up a new panel to recommend the ideal course of action for regulating crypto-currencies, the Economic Times reported. This development...