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  • Reinventing the Rupee: How India’s digital currency revolution is taking shape

    Reinventing the Rupee: How India’s digital currency revolution is taking shape

    The CBDC isn’t a feature. It’s a new logic embedded in money. And when logic changes at the base layer, everything upstream — including value chains — changes with it.

  • Explained: What Is Bitcoin?

    Explained: What Is Bitcoin?

    Curious about Bitcoin but overwhelmed by the complexity? From Bitcoin’s mysterious origins and how mining works, to blockchain technology and the risks involved—this is your quick-start guide to the world’s most famous cryptocurrency.

  • US may have shelved digital currency plans, India and 43 countries are still at it

    US may have shelved digital currency plans, India and 43 countries are still at it

    The number of countries experimenting with central bank digital currency has nearly doubled over the past three years, data from the Atlantic Council CBDC tracker shows

  • Taiwan central bank says no timetable for launching digital currency

    Taiwan central bank says no timetable for launching digital currency

    Taiwan's central bank has been working on a pilot for a government-run digital currency, to allow people to use a digital wallet and make payments without using a debit or credit card.

  • India digital currency transactions slump after reaching initial RBI target

    India digital currency transactions slump after reaching initial RBI target

    The Reserve Bank of India started a pilot for the e-rupee, devised as a digital alternative to physical cash, in December 2022, and successfully reached a target of 1 million retail transactions per day by December 2023.

  • ED arrests FBI-wanted man in Rs 3,000 crore digital currency scam

    ED arrests FBI-wanted man in Rs 3,000 crore digital currency scam

    The agency has arrested an individual Parvinder Singh from Haldwani, Uttarakhand today following raids that were conducted on Friday. A special team of FBI is also in India regarding the case, sources said

  • Elusive global consensus on regulations leaves the crypto industry in a lurch

    Elusive global consensus on regulations leaves the crypto industry in a lurch

    Cryptocurrencies transcend borders, necessitating international cooperation to address the complexities and risks tied to this digital asset class. A unified global approach can ensure fairness, minimise regulatory loopholes, and uphold financial stability

  • Digital rupee in circulation at Rs 16.39 cr in 2022-23, shows RBI data

    Digital rupee in circulation at Rs 16.39 cr in 2022-23, shows RBI data

    The RBI introduced the central bank digital currency (CBDC) or e-rupee in 2022 in wholesale and retail segment. Both are pilot satges.

  • PayPal rolls out stablecoin in latest Crypto payments push

    PayPal rolls out stablecoin in latest Crypto payments push

    There’s roughly $126 billion worth of stablecoins in circulation, according to CoinGecko, the biggest by far being Tether Holdings Ltd.’s USDT.

  • Hong Kong regulator to issue crypto licences with retail investor guardrails

    Hong Kong regulator to issue crypto licences with retail investor guardrails

    Hong Kong's move to allow retail trading in cryptocurrencies has come after a year of turmoil in the sector, with the collapse of crypto exchange FTX last year a major blow.

  • Zimbabwe plans to launch digital currency backed by gold

    Zimbabwe plans to launch digital currency backed by gold

    The move is aimed at shoring up Zimbabwe's faltering national currency, the Zimbabwe dollar, which is fast depreciating amid yearslong economic woes in the southern African nation.

  • Regulating crypto without global consensus will not be effective: FM Nirmala Sitharaman

    Regulating crypto without global consensus will not be effective: FM Nirmala Sitharaman

    The Minister was responding to a question on regulating digital or crypto currency during the interaction with 'Thinkers Forum, Karnataka' in Bengaluru.

  • Move over Stablecoin. A new Token is coming

    Move over Stablecoin. A new Token is coming

    Bank deposits always covert to currency at face value. Or that’s what people believe. So why not put these liabilities on the blockchain?

  • Central banks going crypto. Is it a good idea?

    Central banks going crypto. Is it a good idea?

    Across the world, these sober institutions are exploring digital currencies — and clashing with crypto aficionados

  • E-Rupee to be piloted by 5 more banks in 9 more cities soon

    E-Rupee to be piloted by 5 more banks in 9 more cities soon

  • CBDCs will bring a lot of opportunities for fintech community: RBI official

    CBDCs will bring a lot of opportunities for fintech community: RBI official

    The Reserve Bank of India is encouraging fintech companies to create innovative solutions for Central Bank Digital Currencies (CBDCs) that can be accessible to citizens without internet access.

  • Central bank digital currency: blockchain could upend banking

    Central bank digital currency: blockchain could upend banking

    Banks must lead industrialisation of their services or risk further erosion of earnings from core activities

  • Why the Fed needs to take the digital Yuan seriously

    Why the Fed needs to take the digital Yuan seriously

    The e-yuan is set to challenge the dollar’s hegemony in the settlement of financial claims arising from trade

  • Brazil central bank to launch its digital currency in 2024

    Brazil central bank to launch its digital currency in 2024

    Campos Neto said representatives of the International Monetary Fund (IMF) have approached the central bank and given feedback that this model seems the easiest to implement, and other central banks should look into it.

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

    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

    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

    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

    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

    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

    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

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