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  • Banks to send invites to select customers for use of retail pilot CBDC: V Vaidyanathan, MD & CEO of IDFC First Bank Nov 30, 2022 03:50 PM IST

    Banks to send invites to select customers for use of retail pilot CBDC: V Vaidyanathan, MD & CEO of IDFC First Bank

    Under the first pilot project that starts on December 1, four banks have created a wallet in their mobile banking applications where these CBDCs will be available to select customers.

  • FTX launches strategic review, seeks court relief to pay critical vendors Nov 19, 2022 03:09 PM IST

    FTX launches strategic review, seeks court relief to pay critical vendors

    FTX, along with about 101 affiliated firms, also sought court relief to allow the operation of a new global cash management system and payment to its critical vendors.

  • FTX in touch with regulators, may have 1 million creditors: Filings Nov 15, 2022 04:22 PM IST

    FTX in touch with regulators, may have 1 million creditors: Filings

    FTX's filing to a U.S. bankruptcy court, published late on Monday in the United States, said it was in contact with financial regulators and had appointed five new independent directors at each of its main companies, including its sibling trading firm Alameda Research.

  • G-sec transactions using digital rupee recorded highest volume since inception on November 7 Nov 09, 2022 02:38 PM IST

    G-sec transactions using digital rupee recorded highest volume since inception on November 7

    On November 7, G-Sec trades using the digital rupee were worth Rs 530 crore, of which trades worth Rs 500 crore were held in the 10-year benchmark 7.26 percent-2032 bonds, according to data compiled from NDS-OM CBDC trades

  • India launches an experiment with digital banking Oct 19, 2022 08:56 AM IST

    India launches an experiment with digital banking

    The Digital Banking Unit model is expected to facilitate operations for both digital-familiar as well as digital-averse bank customers 

  • Crypto hackers steal $3 billion in 2022, set to be biggest year for digital-asset heists Oct 18, 2022 11:24 AM IST

    Crypto hackers steal $3 billion in 2022, set to be biggest year for digital-asset heists

    October 2022 has emerged as the biggest month for hacking on record with $718 million stolen from DeFi protocols across 11 different hacks so far

  • Moneycontrol Pro Panorama | IT big boy TCS sets the earnings ball rolling, all eyes on macros Oct 11, 2022 04:03 PM IST

    Moneycontrol Pro Panorama | IT big boy TCS sets the earnings ball rolling, all eyes on macros

    In today’s edition of Moneycontrol Pro Panorama: Market's message for traders, digital currency's impact on commercial banking, IDBI Bank's privatisation plan may be mistimed and more

  • e₹ | RBI’s conception of the CBDC is progressive Oct 11, 2022 02:05 PM IST

    e₹ | RBI’s conception of the CBDC is progressive

    While there is much to laud in RBI’s concept note, there are some missed opportunities — crucially cross-border remittance, and the potential for leadership in international co-operation in this regard

  • A digital currency can throw more light on the cash economy Oct 11, 2022 09:05 AM IST

    A digital currency can throw more light on the cash economy

    The RBI's plan for a digital currency may not affect how the poor transact or digital natives, but its spread could throttle growth of black money transactions

  • RBI takes its first steps on digital currency, but is it really a giant leap for finance? Oct 10, 2022 09:13 AM IST

    RBI takes its first steps on digital currency, but is it really a giant leap for finance?

    The RBI has addressed most of the misgivings about the Central bank Digital Currency (CBDC) in its concept note, but it doesn’t make a compelling case why it’s needed 

  • Why India’s CBDC may struggle for relevance Sep 22, 2022 01:57 PM IST

    Why India’s CBDC may struggle for relevance

    India is aiming to launch the central bank digital currency in this financial year but in a country where digital payments are thriving and are cheap, a CBDC is likely to face indifferent consumers

  • Moneycontrol Daily: Your Essential 7 Sep 03, 2022 07:15 AM IST

    Moneycontrol Daily: Your Essential 7

    A daily round-up of the most interesting articles to help jump-start the day.

  • Moneycontrol Selects: Top stories this evening Sep 02, 2022 06:59 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles to help you stay at the top of your game.

  • In India, 7.3% of the population owned digital currency in 2021, 7th highest in the world: UN Aug 11, 2022 09:54 AM IST

    In India, 7.3% of the population owned digital currency in 2021, 7th highest in the world: UN

    Over seven per cent of India's population owns digital currency, according to the UN, which said that the use of crypto-currency rose globally at an unprecedented rate during the covid pandemic.

  • News Highlights: PM Modi wrote a 3-page letter to former VP MV Naidu Aug 11, 2022 08:51 AM IST

    News Highlights: PM Modi wrote a 3-page letter to former VP MV Naidu

    News Highlights: PM Modi in a 3-page letter to former Vice President MV Naidu lauded his convictions, infectious energy, efforts in encouraging first-timers in Rajya Sabha, and for substantially improving productivity of Rajya Sabha.

  • Phased implementation of digital currency for wholesale, retail segments at works: RBI official Jul 20, 2022 03:25 PM IST

    Phased implementation of digital currency for wholesale, retail segments at works: RBI official

    The introduction of CBDC was announced in the Union Budget 2022-23, by Finance Minister Nirmala Sitharaman and necessary amendments to the relevant section of the RBI Act, 1934 has been made with the passage of the Finance Bill 2022.

  • Coinbase secures crypto asset service provider approval in Italy Jul 18, 2022 02:33 PM IST

    Coinbase secures crypto asset service provider approval in Italy

    Coinbase Global Inc secured approval from Italian regulators.

  • A history of the rise and fall of bitcoin from 2009-22 Jul 14, 2022 10:05 AM IST

    A history of the rise and fall of bitcoin from 2009-22

    In the June quarter, bitcoin recorded its heaviest quarterly loss in 11 years 

  • Thefts, Fraud and Lawsuits at the World’s Biggest NFT Marketplace Jun 07, 2022 12:38 PM IST

    Thefts, Fraud and Lawsuits at the World’s Biggest NFT Marketplace

    OpenSea is facing at least four lawsuits from traders, and one of its former executives was indicted this month on charges related to insider trading involving NFTs.

  • India aims to roll out digital currency by next year: FM Nirmala Sitharaman Apr 28, 2022 09:02 AM IST

    India aims to roll out digital currency by next year: FM Nirmala Sitharaman

    "The government and RBI are looking into its several commercial use purposes and not just financial inclusion, which is largely achieved through the JAM trinity (Jan Dhan-Aadhaar-Mobile)," she said.

  • IMF official identifies regulating crypto assets and digital currency as priority mid-term issues for India Apr 20, 2022 06:38 AM IST

    IMF official identifies regulating crypto assets and digital currency as priority mid-term issues for India

    Overall, the IMF is looking at India in “a very positive fashion,” Tobias Adrian, Financial Counselor and Director of the Monetary and Capital Markets Department told PTI on Tuesday.

  • Digital Currency | How is it designed, and what model suits India the best? Mar 17, 2022 03:28 PM IST

    Digital Currency | How is it designed, and what model suits India the best?

    Design considerations should help governments visualise a regulated decentralised finance ecosystem that has the CBDC as a legal tender, and risk-free instrument for everyone 

  • Crypto Conversation: Web3 - A new era is coming soon Mar 09, 2022 10:46 AM IST

    Crypto Conversation: Web3 - A new era is coming soon

    Read on to learn how Web3 is shaking up the tech world and the possibilities for the future it shows us

  • Crypto Conversation: How to keep your crypto safe Mar 02, 2022 10:35 AM IST

    Crypto Conversation: How to keep your crypto safe

    Learn the most effective ways to keep your crypto safe. Get to know the expert security tips to survive in the volatile crypto market

  • Digital Rupee | Will people still deposit money in commercial banks? Feb 21, 2022 11:12 AM IST

    Digital Rupee | Will people still deposit money in commercial banks?

    While the consequences of CBDCs on cryptocurrencies like Bitcoin and Ethereum are attracting widespread attention, it is the possible repercussions of CBDCs on the commercial banking system that could be far more disruptive