Search For "digital currency"
Private digital currencies are potentially dangerous, CBDC a safer alterna
Updated : 1 year, 10 months ago IST
Reserve Bank of India Governor Shaktikanta Das said on Monday that Central Bank Digital Currency (CBDC) or digital currency, can drive financial inclusion and provide a much safer alternative to potentially dangerous private digital currencies.
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RBI proposes cash deposits through UPI; widens digital currency for retail
Updated : 1 year, 11 months ago IST
The Reserve Bank of India has proposed the idea of depositing cash in Cash Deposit Machines (CDMs) using UPI mechanism, in what could be another boost to already widely recognised technology.
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Even ADA Holders Agree; Retik Finance (RETIK) Will Outperform Cardano in 2
Updated : 1 year, 11 months ago IST
New Delhi [India], March 30: In the constantly changing landscape of cryptocurrency and decentralized finance (DeFi), predicting the trajectory of emerging projects against established giants is both challenging and intriguing. As we navigate through the complexities of blockchain technology
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At Davos, RBI Governor says digital currency will make cross border paymen
Updated : 2 years, 1 month ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das feels digital currency or Central Bank Digital Currency (CBDC) will make cross-border payments more efficient and fast, in addition to being cost-effective.
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US: Donald Trump pledges to block creation of federal digital currency, ca
Updated : 2 years, 1 month ago IST
Donald Trump on Wednesday night (local time) pledged to block the creation of a federal digital currency.
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India's Financial Intelligence Unit Registers Over Two Dozen Crypto Servic
Updated : 2 years, 3 months ago IST
New Delhi [India], December 11: In a notable development for the Indian cryptocurrency sector, over two dozen digital currency service providers have registered with India's Financial Intelligence Unit (FIU). This move, directed by the country's Finance Ministry in March, marks a significant
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Singapore, France, Switzerland successfully test cross-border wholesale di
Updated : 2 years, 5 months ago IST
The central banks of Singapore, France and Switzerland in collaboration with the Bank for International Settlements (BIS) have successfully concluded a project where they tested the cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs).
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Crypto Royalty in India: The Most Prominent Figures in the world of Digita
Updated : 2 years, 5 months ago IST
New Delhi [India], September 28: In the ever-evolving world of digital finance, India's crypto ecosystem stands as a vibrant force to be reckoned with. Within this burgeoning landscape, a cohort of distinguished personalities has ascended to the status of crypto royalty, wielding their exper
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RBI to showcase innovative financial technologies at G20 Summit
Updated : 2 years, 6 months ago IST
The Reserve Bank of India (RBI) will unveil a display of cutting-edge financial technologies at the G20 Summit, showcasing their potential to revolutionize the financial landscape.
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SBI introduces UPI interoperability for CBDC
Updated : 2 years, 6 months ago IST
With this step, the bank is poised to provide unparalleled convenience and accessibility to its customers. This feature, accessible through the 'eRupee by SBI' application, empowers SBI CBDC users to effortlessly scan any merchant UPI QR code, facilitating swift and secure transactions.
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RBI’s digital rupee, KCC loan innovations displayed at G20 FMCBG event in
Updated : 2 years, 8 months ago IST
The Reserve Bank of India (RBI) has showcased its innovations -- ‘Frictionless Credit’ and ‘Central Bank Digital Currency’ -- at the innovation pavilion on the sidelines of the 3rd meeting of Finance Ministers and Central Bank Governors (FMCBG) under India’s G20 presidency here at the Mahatm
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Israel seizes crypto wallets tied to Iran's Quds Force, Hezbollah
Updated : 2 years, 8 months ago IST
The "extensive and precedent-setting" effort over the past week resulted in the confiscation of millions of dollars worth of digital currency earmarked for terrorism, Gallant said.
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