The document, which could define a national framework for digital assets, is almost ready.
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India’s Central Bank RBI to Adopt a ‘Graded Approach’ to Digital Currency Launch
India’s central bank, the Reserve Bank of India (RBI), has proposed to adopt a “graded approach” to launching the country’s central bank digital currency (CBDC).
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India to roll out CBDC using a graded approach: RBI Annual Report
Halfway through 2022, at the proof of concept stage, RBI is in the process of verifying the feasibility and functionality of launching a CBDC.
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RBI warns of crypto ‘dollarization’ of Indian economy
Crypto “will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country,” according to Reserve Bank of India
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Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s
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Indian central bank’s ‘informal pressure’ disrupted payments: Coinbase CEO
“I guess we have a concern that [the Reserve Bank of India] may be actually in violation of the Supreme Court ruling,” said Coinbase CEO
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