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Tag: Reserve Bank of India

Fintech Funding Remains Strong in India Despite Global Funding Pullback

Despite a global pullback in fintech funding and regulatory headwinds, investments in India remained strong in 2022, driven by large deals in lending and...

PM Hopeful Pledges $300 Crypto Airdrop to Every Thai Citizen

Srettha Thavisin’s bold promise Pheu Thai’s digital currency plan Impact on Thailand’s financial system Thailand’s prime ministerial candidate, Srettha Thavisin, has made a...

India prioritizes offline CBDC transfers, targets 1 mln users in three months: CoinDesk

India aims to have one million users of its central bank digital currency (CBDC) within three months of launch, according to sources familiar with...

Digital Rupee Aims for 1M Users: Will it Topple Bitcoin?

Ambitious target of 1 million users Focus on offline transactions Private firms aiding scalability A recent report reveals that India’s digital rupee, also...

Cryptocurrency Regulatory and Legislative Analysis #8

Cryptocurrency Regulatory and Legislative Analysis #8 April 4, 2023 Wes Regulatory and Legislative Analysis – GLOBAL The FATF released a report to prevent and address ransomware attacks On...

RBI and Central Bank of UAE sign MOU on CBDC bridge

The Reserve Bank of India and the Central Bank of UAE have signed a memorandum of understanding (MOU) on collaboration and innovation in financial...

India, UAE to collaborate on cross-border central bank digital currencies

The central banks of India and the United Arab Emirates (UAE) will jointly run pilot programs on their central bank digital currencies (CBDCs), according...

Flipkart’s fintech agenda: insurtech, cards and CDBCs

Flipkart, India’s biggest e-commerce company, is often compared to Amazon or Alibaba. But unlike those companies, which in their early days could piggyback off...

India tests offline functionality of digital rupee

The Reserve Bank of India (RBI) is testing the offline functionality of its newly-launched central bank digital currency (CBDC), the digital rupee, according to...

India explores offline functionality of CBDCs — RBI executive director

India’s recently launched in-house central bank digital currency (CBDC) — the digital rupee — is now being tested for offline functionality, revealed Ajay Kumar Choudhary, executive...

Why India’s CBDC may struggle to find adoption? (Arijit Goswami)

India recently launched the digital version of its domestic currency, thereby embarking on its journey with Central Bank Digital Currency (CBDC). The “Digital Rupee”...

Breaking! India Joins Forces With The US And IMF To Frame Country’s First-Ever Crypto Bill

India has seen a surge in cryptocurrency trading and investment in recent years. While the potential of cryptocurrency and blockchain technology is widely recognized,...

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