Tuesday, Jun 28, 2022
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Will Introduction of CBDC Reduce The Fake Notes Menace In India?

Will Introduction of CBDC Reduce The Fake Notes Menace In India?

Experts believe that Central Bank Digital Currency (CBDC) can dent the circulation of fake notes as it will be traceable

30 May 2022
SWIFT To Test Cross Border CBDC Payments With Capgemini, Crypto Market Remains Muted

SWIFT To Test Cross Border CBDC Payments With Capgemini, Crypto Market Remains Muted

SWIFT has partnered up with Capgemini to test CBDC applications in cross-border payments and how to make them seamless for the consumer. Crypto market...

24 May 2022

If Regulation Comes In, Cryptocurrencies Will Be Like Equities

Bringing in regulation on cryptocurrencies will help investors in decision-making, says Aruna Sharma, a development economist and former secretary, Ministry of...

Nirmala Sitharaman Flags Anonymity As 'Inherent Risk' In Use Of Blockchain

Nirmala Sitharaman Flags Anonymity As 'Inherent Risk' In Use Of Blockchain

The finance minister made it clear that using the distributed ledger technology (DLT), which is also called as blockchain, is “absolutely imperative” and...

07 May 2022

9 Out Of 10 Central Banks Globally Are Exploring CBDCs; Spotify Enters Metaverse

According to a survey report by BIS, major central banks across the globe are looking into CBDCs, including a retail CBDC. Meanwhile, Spotify partners up with...

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27 April 2022
India To Take A Considered View On Cryptocurrency: Nirmala Sitharaman

India To Take A Considered View On Cryptocurrency: Nirmala Sitharaman

The minister clarified that the government is open to promoting innovation and well-grounded progress made in the distributed ledger technologies, which are...


25 April 2022
All You Need To Know About Wholesale And Retail Central Bank Digital Currency (CBDC)

All You Need To Know About Wholesale And Retail Central Bank Digital Currency (CBDC)

Among different speculations, experts believe it would be interesting for India to have its own central bank digital currency (CBDC), because of the many...


19 April 2022
Nirmala Sitharaman Urges To Regulate Cryptocurrencies At Global Level To Check Money Laundering, Terror Funding

Nirmala Sitharaman Urges To Regulate Cryptocurrencies At Global Level To Check Money Laundering, Terror Funding

The Finance Minister said that as long as the non-governmental activity of the crypto assets was through unhosted wallets, the regulation was going to be very...


16 April 2022
What Does Digital Currency Anonymity Feature For Low-Value Transactions Mean?

What Does Digital Currency Anonymity Feature For Low-Value Transactions Mean?

It is possible to have anonymity in digital currency transactions such as those in cryptocurrencies. The Reserve Bank of India may allow such a feature for...


11 April 2022
Stablecoins Bigger Threat To Indian Economy Than Cryptocurrencies?

Stablecoins Bigger Threat To Indian Economy Than Cryptocurrencies?

RBI Dy. Governor T. Rabi Sankar’s comments that stablecoins present a bigger threat to economic stability than other cryptocurrencies has divided experts;...


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09 April 2022
EU Targets Russian Crypto Wallets In Latest Round of Sanctions; Crypto Market Falls

EU Targets Russian Crypto Wallets In Latest Round of Sanctions; Crypto Market Falls

EU targets crypto wallets, banks, cryptocurrencies and trusts to ensure Russians aren’t able to evade sanctions.


08 April 2022
RBI’s Rabi Sankar Says CBDC Won’t Bear Interest; Jack Dorsey’s Tweet NFT To Be Sold Again

RBI’s Rabi Sankar Says CBDC Won’t Bear Interest; Jack Dorsey’s Tweet NFT To Be Sold Again

RBI’s Deputy Governor T. Rabi Sankar says India’s CBDC will be a replica of the fiat currency. Jack Dorsey’s first tweet NFT to be sold on Open Sea,...


19 March 2022
India’s Digital Rupee Will Be Like ‘Dematerialised Bank Notes’, Says SC Garg

India’s Digital Rupee Will Be Like ‘Dematerialised Bank Notes’, Says SC Garg

S.C. Garg believes that the India’s digital rupee or CBDC will be more like ‘dematerialised bank notes’ as it has been clarified in Parliament that RBI...


15 March 2022
No Plans To Introduce Cryptocurrency, Says Government

No Plans To Introduce Cryptocurrency, Says Government

RBI is currently working towards a phased implementation strategy for the introduction of CBDC and examining use cases that could be implemented with little or...


12 March 2022
Polygon's Sandeep Nailwal Highlights Crypto Brain Drain From India; Crypto Market Gains

Polygon's Sandeep Nailwal Highlights Crypto Brain Drain From India; Crypto Market Gains

Polygon co-founder Sandeep Nailwal talks about how crypto entrepreneurs are moving to other countries from India. Meanwhile, Jamaica decides to incentivize...


11 March 2022
European Central Bank To Accelerate Digital Euro CBDC Efforts; Bitcoin Falls 8%, SHIB 3%

European Central Bank To Accelerate Digital Euro CBDC Efforts; Bitcoin Falls 8%, SHIB 3%

European Central Bank will accelerate its digital Euro CBDC research work, while eBay might start offering a digital wallet service by Q2 2022. Major...


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07 March 2022
Digital Rupee: The CBDC Frontier For Payment Systems

Digital Rupee: The CBDC Frontier For Payment Systems

The Indian Central Bank Digital Currency (CBDC), Digital Rupee, creates a bridge between cryptocurrencies and traditional currency. But its benefits and risks...


28 February 2022
Will the RBI-Issued Digital Rupee Based on Blockchain Technology Be a Big Boon For India?

Will the RBI-Issued Digital Rupee Based on Blockchain Technology Be a Big Boon For India?

Digital rupee is likely to cater to the educated and technology-savvy users, but the replacement of extant modes like cash and traditional banking is...


22 February 2022
Bitcoin, Ethereum Fall 5%, Shiba Inu Crashes 12%; Jamaican CBDC Gets A New Name

Bitcoin, Ethereum Fall 5%, Shiba Inu Crashes 12%; Jamaican CBDC Gets A New Name

Bitcoin, Ethereum, Shiba Inu, Doge fall as global crypto market crashes. Jamaica announces a name for its CBDC project, JAM-DEX.


14 February 2022
Discussions On With RBI Over Digital Rupee, Says Finance Minister

Discussions On With RBI Over Digital Rupee, Says Finance Minister

Sitharaman in her Budget speech on February 1 had announced that Digital Rupee or Central Bank Digital Currency (CBDC) would be issued by the RBI in the coming...


06 February 2022
Digital Rupee To Make Debut By Early 2023

Digital Rupee To Make Debut By Early 2023

Finance Minister Nirmala Sitharaman in her budget speech last week talked about launching a central bank-backed 'Digital Rupee' soon.


03 February 2022
Not Bitcoin, RBI’s Digital Rupee Will Be More Like Sovereign Paytm

Not Bitcoin, RBI’s Digital Rupee Will Be More Like Sovereign Paytm

Well-placed sources in the government have told Outlook Business that what Nirmala Sitharaman proposed in the Union Budget 2022-23 will be a wallet that will...


02 February 2022
Digital Rupee Can Be Exchanged For Cash, Says PM Modi

Digital Rupee Can Be Exchanged For Cash, Says PM Modi

He said the central bank digital currency or the digital rupee will make online payments more secure and risk-free and boost the digital economy in the years...


02 February 2022
Budget 2022: What Is Digital Rupee Or CBDC?

Budget 2022: What Is Digital Rupee Or CBDC?

The CBDC is a legal tender issued by a central bank and it is the digital form of the Indian rupee. Here's all you need to know.


02 February 2022
A Day After India Budget 2022 Imposes 30% Tax On Crypto, Global Market Falls 4%

A Day After India Budget 2022 Imposes 30% Tax On Crypto, Global Market Falls 4%

India Budget imposes 30 per cent tax on cryptocurrencies, besides paving the way for the launch of central bank digital currencies (CBDCs).


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