Unpacking India's CBDC Pilots as Country Prepares for Digital Rupee
India launched two CBDC pilots last year, a wholesale CBDC and a retail CBDC.
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Feb 8, 2023 at 3:00 a.m. UTC
Feb 8, 2023
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India's Reliance Retail, Other Merchants Now Accepting Digital Rupee
The pilot phase for India's digital currency has expanded beyond the original four cities.
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Feb 2, 2023 at 1:31 p.m. UTC
Feb 2, 2023
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India's Central Bank Crystalizes CBDC Vision in Concept Note
"Currently, we are at the forefront of a watershed movement in the evolution of currency that will decisively change the very nature of money and its functions," said the RBI.
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Oct 7, 2022 at 11:22 a.m. UTC
Oct 7, 2022
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India to Ban Crypto as Payment Method but Regulate as Asset: Report
The Modi government will also ban active solicitation from crypto firms, such as ads.
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Nov 17, 2021 at 7:49 p.m. UTC
Nov 17, 2021
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Indian Central Bank Governor Says Blockchain Technology Can Thrive Without Cryptocurrencies
There are far deeper issues involved with cryptocurrencies, RBI’s Shaktikanta Das said.
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Nov 17, 2021 at 9:42 a.m. UTC
Nov 17, 2021
India Could Launch CBDC Trials Later This Year, According to Central Bank Governor: Report
Deputy Governor T. Rabi Sankar said the central bank is studying matters related to security and the broader impact a CBDC would have on monetary policy.
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Aug 27, 2021 at 9:34 a.m. UTC
Aug 27, 2021
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India's Central Bank Considering Pilot Programs for CBDC: Report
Deputy Governor T. Rabi Sankar said a CBDC would reduce the use of cash and protect citizens from the volatility of cryptocurrencies.
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Jul 22, 2021 at 3:27 p.m. UTC
Jul 22, 2021
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RBI Says Banks Can't Quote 2018 Circular to Restrict Crypto Transactions
RBI's circular comes as Indian banks warn customers against using their services for crypto trading.
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May 31, 2021 at 3:27 p.m. UTC
May 31, 2021
India’s Central Bank Chief Airs ‘Major Concerns’ About Crypto Risks
Reserve Bank of India Governor Shaktikanta Das said he expects the government to "take a call" on cryptocurrencies.
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Feb 24, 2021 at 9:51 a.m. UTC
Feb 24, 2021
State of Crypto: India and Nigeria's Crypto Crackdowns Continue Old Trends
Both nations hope to prevent banks from providing services to crypto companies.
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Feb 9, 2021 at 2:54 p.m. UTC
Feb 9, 2021