RBI will Begin a Retail Digital Rupee Pilot on December 1
On Tuesday, the Central Bank of India declared that a retail digital rupee (e-R) experiment would begin on December 1. Moreover, it will include 4...
Tag : India
The Cryptocurrency Industry Could Be Killed by India’s Taxes as per Binance CEO
Binance Holding Ltd. CEO Changpeng Zhao shared his views on the situation of crypto in India on a panel at a Fintech Conference in Singapore...
India’s Central Bank has Launched a Digital Currency Trial Program
On Tuesday, the Reserve Bank of India launched a trial program for its digital currency, allowing certain participating institutions to use it to settle secondary...
India will Spearhead a Push for Worldwide Crypto Legislation to Combat Money Laundering
Nirmala Sitharaman, India’s finance minister, suggested that India will use its next chairmanship of the G20 to advocate for global regulation of cryptocurrencies. Sitharaman, while...
Flipkart Launches a New Virtual Shopping Experience Called Flipverse
During its Diwali sale, Flipkart will launch a special virtual shopping experience called “Flipverse.” Beginning Monday, October 17, the Android app will be live with...
In a Concept Paper, RBI Outlines Plans to Launch E-rupee for Limited Use as a Pilot Project
The Reserve Bank of India announced on Friday that the test launch of the e-rupee will take place shortly to support India’s digital economy, improve...
India Freezes Bitcoin at Binance Amid Investigation Involving Crypto Exchange WazirX
According to reports, the Enforcement Directorate (ED) has blocked the transfer of over 77.6 bitcoins from Wazirx to Binance from the Indian cryptocurrency exchange Wazirx. ...
Crypto Traders Leaving Indian Exchanges for Binance in Bid to Escape Taxes
After a major tax shift, billionaire Changpeng Zhao gained greater control over the Indian cryptocurrency trading market through Binance Holdings Ltd. As reported by Sensor...
Bank Operations at Wazirx will Continue as Usual After ED Unfreezes its Accounts
Indian cryptocurrency exchange WazirX announced that its bank accounts had been unfrozen by the ED. In a statement, WazirX said that they have provided all...
The RBI Governor of India: Crypto isn’t going to work in emerging economic countries
A recent report stated that more than 115 million cryptocurrency investors are from India. But, the governor of the RBI (Reserve Bank of India) believes...