RBI forms dedicated fintech department to focus on the ‘dynamically’ rising sector The department will also address CBDCs Balraj·January 10, 2022The fintech sector in India has been at the forefront of receiving funding from marquee investors. The Reserve...BusinessIndia NewsTech·0 Comments·0
India’s central bank expresses concerns over private cryptocurrencies Balraj·December 31, 2021Given their highly speculative structure, private cryptocurrencies offer immediate risks to customer protection and are prone to fraud...CryptoIndia News·0 Comments·0
RBI in favor to introduce basic version of CBDC with minimal disruption on monetary policy Balraj·December 30, 2021As India gears up with regulatory uncertainties surrounding cryptocurrencies, the country’s central bank, the Reserve Bank of India...BusinessCryptoIndia NewsTech·0 Comments·0
Bank of Russia takes steps against Illegal use of digital assets Reshab Agarwal·November 25, 2021Bank of Russia is taking some strong steps against digital assets and their illegal use cases. They have...CryptoNewsTrending·0 Comments·0
Nigeria’s CBDC eNaira is finally announced Reshab Agarwal·October 26, 2021Nigeria’s CBDC eNaira is finally announced making them the first African country to introduce a digital currency. This...CryptoNewsTrending·0 Comments·0
Bhutan Partners With Ripple to Pilot Digital Ngultrum on a Private Ledger Baisakhi Mishra·September 26, 2021The Royal Monetary Authority (RMA), Bhutan’s central bank has teamed with Ripple to begin testing a model of...CryptoNews·0 Comments·0
HSBC CEO says Crypto not for us because of volatility and opaque nature Meenal Sharma·May 25, 2021As most banks are trying to dip their waters into the world of digital currency, HSBC has refused...Crypto·0 Comments·0
BOE’s Dy. Governor Jon Cunliffe says launch of British CBDC probable Meenal Sharma·May 16, 2021Since Rishi Sunak, the British Chancellor of Exchequer declared the launch of a Fintech taskforce in April, the...Crypto·0 Comments·0
All your questions about Central bank digital currency (CBDC) answered! Meenal Sharma·May 15, 2021Central bank digital currency is the digital form of a country’s centralized cryptocurrency. It’s a legal tender with...Crypto·0 Comments·0