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Tag: Reserve Bank of India

RBI lists risks of stablecoins for developing economies, calls for global regulation

Stablecoins have a lot of potential to harm emerging markets and developing economies, the Reserve Bank of India (RBI) claimed in its latest Financial...

Reserve Bank of India expects to reach 1M CBDC users in June

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connected to AlphaWelcome! 👋 You are connected...

India Neobanking Sector Poised for 50.5% Annual Growth Through 2025 – Fintech Singapore

India’s neobanking market has been growing at a fast pace, driven by rapid change in technology, growing levels of Internet and smartphone penetration and...

Indian banks asked ‘to prepare for the future’ with AI and blockchain

A top federal official representing India’s central bank has recommended all banks adopt artificial intelligence and blockchain technology to ensure sustainable growth and stability.At...

Crypto Revolution in BRICS: India Leads the Way in Bitcoin Adoption

Bitcoin’s adoption in India surged post-2020 RBI ban lift. India’s developing regulatory framework boosts investor confidence in Bitcoin. In an era where disruptive technologies...

Indian Government Receives Calls to Restore UPI Use for Crypto Exchanges: Report

A new proposal is about to the submitted to the Indian State government to restore the use of the country’s Unified Payments Interface...

Calls for Restoring UPI Access for Crypto Exchanges Reach Indian Authorities

The Indian government and central bank have gotten proposals requesting the restoration of access to the Unified Payments Interface (UPI) for the cryptocurrency industry, CoinDesk...

Bangladesh and India to Trade in National Currencies Due to US Dollar Liquidity Issues

Bangladesh and India have decided to conduct trade settlements in their own currencies, bypassing the dominance of the U.S. dollar. According to sources from...

India not against blockchain tech, but cryptocurrency should be monitored, says FM

India is not against blockchain technology, but currencies have to be monitored by either the government or the central bank, Finance Minister Nirmala Sitharaman...

Optimizing ISO 20022 for Cross-Border Payments: Why the LEI and BIC offer true Global Identification (Clare Rowley)

Why the LEI and BIC are a Perfect Fit for a Truly Global Identification Scheme Challenges in the cross-border payments market include high costs, low...

Razorpay Sets up Advisory Board Chaired by Former Deputy Governor

Indian payment gateway provider Razorpay has formed an advisory board led by Reserve Bank of India’s former Deputy Governor N. S. Vishwanathan as its...

India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’

India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the...

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