Outgoing Reserve Bank of India Governor Shaktikanta Das envisions the digital rupee revolutionizing India’s economy through gradual CBDC adoption.
Read moreReserve Bank of India expanding cross-border payments platform
According to the Atlantic Council, 134 countries are currently exploring CBDCs in different phases — including every G20 country.
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Report: Central Bank Gold Demand Surges in July Amid Rising Prices
Central banks globally continued to bolster their gold reserves in July, despite an increase in gold prices, according to a report by Krishan Gopaul, senior
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RBI Governor Warns Against Rapid CBDC Launch, Advocates Gradual Approach
The governor of India’s central bank, the Reserve Bank of India (RBI), Shaktikanta Das, has highlighted the challenges of implementing cross-border digital currency interoperability and
Read moreIndia amasses 5M central bank digital currency users
India has taken a cautious approach to introducing a CBDC, while local authorities have also refused to regulate crypto transactions.
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India Expected to Release Consultation Paper on Cryptocurrency Regulations in Coming Months, Report
The Indian government, through a panel headed by the Secretary of the Department of Economic Affairs (DEA), is expected to release a consultation paper on
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