CBDC is future of money; no competition with UPI: RBI Governor
Shaktikanta Das says CBDC is interoperable -- with the same QR code, one can make UPI payments or CBDC payments
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RBI to streamline AePS onboarding, to introduce ‘offline’ functionality in CBDC
The central bank says it’ll also come up with a framework to authenticate digital payment transactions
CBDC to make cross-border payments cheaper, faster, secure: RBI Guv
"Empirical data we are generating to go a long way in shaping policies and future course of action," says RBI Governor Shaktikanta Das
₹936 cr attached in crypto frauds, 5 arrested: FinMin
The ED is investigating several cases related to cryptocurrency frauds wherein a few crypto exchanges have been found involved in money laundering, says MoS Pankaj Chaudhary
Shaktikanta Das pitches for rupee, CBDC use for cross-border trade in South Asia
The RBI Governor says the global trade outlook for 2023 remains "overcast", but greater intra-regional trade can enhance growth and job opportunities in the region.
Crypto policy with FinMin; needs global collaboration: MoS Pankaj Chaudhary
Any legislation can be effective only with significant international collaboration on the evaluation of risks and benefits, says Pankaj Chaudhary.
RBI announces pilot launch of retail digital rupee on Dec 1
People can do P2P and P2M transactions with e₹-R via bank’s digital wallet. Payments to merchants can be made using QR codes, says RBI.
Digital rupee pilot to begin on Nov 1: RBI
The use case for this pilot is settlement of secondary market transactions in government securities, says RBI.
India aiming for SOP on crypto during G20 presidency: FM
Finance Minister Nirmala Sitharaman says India wants to place the agenda on crypto before the G20 table for discussion and aim for a tech-driven regulatory framework.
TCS to help central banks in digital currency launch
Central banks will be able to manage the issuance and distribution of CBDCs, says TCS.
