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2 mins read

RBI's digital currency to be revealed 'very shortly' – governor says issues are still being sorted out internally

India is working on its digital currency and according to the RBI governor Shaktikanta Das, it coul…

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3 mins read

Mexican billionaire wants to introduce Bitcoin to banking — but regulators aren't having it

Regulators and businessmen in Mexico may have to go head-to-head in the fight to bring cryptocurren…

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1 min read

India is considering a phased roll-out of a central bank digital currency

Deputy Governor T. Rabi Sankar said politicians are eyeing a CBDC to protect citizens from the vola…

Isabelle Lee   


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3 mins read

US, China, Europe and India — all are mulling the possibility of a digital currency, but no one is ready to bite the bullet, yet

Simply put, CBDCs are digital versions of the currencies you use right now. In the US, a CBDC …

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7 mins read

Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty

India is on track to become the world's third-largest economy by 2027, but Narendra Modi faces a pi…

Theron Mohamed   


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3 mins read

Taiwanese crypto exchange suspends trading in Rupees after TDS laws kick in

India’s new tax rules that collect 1% TDS on transfer of crypto and other virtual assets came into …

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2 mins read

India could begin testing a digital currency in December, says the country's central bank chief

Indian officials will study the security, financial and technological aspects of a so-called CBDC, …

Carla Mozée   


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3 mins read

Around 90 million users flocked to crypto bandwagon in March 2022: Report

CoinDCX was the largest cryptocurrency exchange platform in India with over 40 million users in Mar…

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2 mins read

Indian companies will have to disclose cryptocurrency holdings from April 1 – industry insiders welcome decision

The Indian government has mandated companies to disclose their cryptocurrency holdings. The disclos…

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3 mins read

Indian cryptocurrency players in huddle as government mulls ban

As India plans to introduce a new law to prohibit all 'private cryptocurrencies' in the country, th…

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2 mins read

India to take a considerate decision on regulation around cryptocurrency: Nirmala Sitharaman

The minister clarified that the government is open to promote innovation and well-grounded progress…

PTI   


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2 mins read

G7 leaders favour CBDCs provided they ‘support and do no harm’ to central banks

Just because fiat currencies, like the US dollar or the pound, would be issued digitally does no…

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6 mins read

The number of countries exploring CBDCs more than doubled during the pandemic year

These 81 counties represent over 90% of the world’s gross domestic product (GDP). The pandemic…

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3 mins read

This year, credit card users swiped 5x more than debit card users: PayU

This festive season, Indians have been spending via swiping as per a PayU Insights Report - Festive…

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3 mins read

Diwali week cash circulation declines for the first time in 20 years: SBI Ecowrap

For the first time since 2002 – that’s 20 years – currency in circulation has declined during…

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3 mins read

Emerging markets could be the next big frontier for crypto. A slew of politicians want to follow El Salvador and adopt bitcoin as legal tender.

Emerging markets could be the next big crypto frontier as central banks create digital currencies a…

Sophie Kiderlin   


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2 mins read

India leads in the total number of first-time crypto investors in the last three months, according to a new report

India is amongst the top three countries where crypto adoption has skyrocketed over the last three …

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3 mins read

Digital payments are on track to cross the 200 billion mark, but fintechs are yet to ‘earn’ from them

Digital payments transactions in India are expected to cross the 200 million mark in the next three…

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3 mins read

Nigeria joins China, Brazil and others in the race to launch its own central bank digital currency

The cryptocurrency world is undergoing a period of rapid progression as governments and compan…

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3 mins read

CBDC: RBI to soon start pilot launch of e-rupee for specific use cases

The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for specific use …

PTI