News with the tag "India CBDC"

Indian Economic Advisor (CEA) V. Anantha Nageswaran said that regulators should not stand in the way of crypto, Bitcoin, and gaming innovations. His comments send a strong signal to Indian regulators who have been trying to restrict banking associations with crypto firms in the past, as well as putt...

Outgoing Reserve Bank of India Governor Shaktikanta Das envisions the digital rupee revolutionizing India’s economy, emphasizing gradual CBDC adoption.

Reserve Bank of India (RBI) Governor Shaktikanta Das has once again reiterated his positive stance on Central Bank Digital Currency (CBDC), highlighting the potential efficacy of India’s Digital Rupee. In addition, he lauded the development and said that it could be used to avoid potential uncertain...

Nishchal Shetty, the CEO and Founder of WazirX, a leading crypto exchange in India, has advocated for the integration of Central Bank Digital Currencies (CBDCs) onto public blockchains. In a recent statement, Shetty highlighted the potential benefits of this integration, particularly in mitigating r...

Reserve Bank of India (RBI) Governor Shaktikanta Das has revealed that India’s central bank digital currency (CBDC) now has around 1.5 million users. In addition, over 300,000 merchants are currently accepting payments in digital rupees, and the pilot is being operated through 13 banks in 26 cities....