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digital rupee

Reserve Bank of India lists CBDC introduction as one of major initiatives for 2022-23
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1 June, 2022

Reserve Bank of India lists CBDC introduction as one of major initiatives for 2022-23

In its annual report published recently, the Reserve Bank of India proposed a three-stage "graded approach" to introduce a central...
The CoinGeek Pulse Episode 75: Meta joins COPA, China pilots blockchain app, BSV Global Blockchain Convention in Dubai
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4 February, 2022

The CoinGeek Pulse Episode 75: Meta joins COPA, China pilots blockchain app, BSV Global Blockchain Convention in Dubai

BSV blockchain will be at the center of the first BSV Global Blockchain Convention. The three-day event will be held...
India greenlights digital rupee and Bitcoin taxes
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2 February, 2022

India greenlights digital rupee and Bitcoin taxes

The digital rupee will be launched on April 1, while the Indian government proposes a 30% tax on digital currency...
India should go for basic version of its CBDC for now, central bank says
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3 January, 2022

India should go for basic version of its CBDC for now, central bank says

A basic form of a digital rupee would provide a safe, robust, and convenient alternative to cash in liquidity and...
Indian parliament delays digital currency bill yet again
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22 December, 2021

Indian parliament delays digital currency bill yet again

The Lok Sabha left out a bill that could have imposed a blanket ban on “private cryptocurrencies” for its winter...
India to test digital rupee in Q1 2023: official
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24 November, 2021

India to test digital rupee in Q1 2023: official

India plans to launch its first digital rupee pilot in first quarter of fiscal year 2023, with the slow implementation...
India eyes December start for central bank digital currency trials
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3 September, 2021

India eyes December start for central bank digital currency trials

The project will be the country's first digital currency trial initiative according to the 25th Governor of the Reserve Bank...
India taking first steps towards a digital rupee to fight ‘private’ virtual currencies
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26 July, 2021

India taking first steps towards a digital rupee to fight ‘private’ virtual currencies

Rabi Sankar, deputy governor at the Reserve Bank of India, noted the need for India to keep pace with other...
Pakistan is studying CBDC for financial inclusion
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14 April, 2021

Pakistan is studying CBDC for financial inclusion

The governor of the State Bank of Pakistan believes that a state-back digital rupee can bring two-fold benefits to the...
India won’t ban digital currencies: finance minister
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10 March, 2021

India won’t ban digital currencies: finance minister

Finance Minister Nirmala Sitharaman assured that despite reports of government hostility against the industry, it will take a measured approach.
India proposes banning Bitcoin and developing a digital rupee
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4 February, 2021

India proposes banning Bitcoin and developing a digital rupee

India’s digital currency industry faces an uncertain future, with a proposed draft bill threatening to impose a blanket ban on...
India’s central bank exploring the need for digital currency
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30 January, 2021

India’s central bank exploring the need for digital currency

In a recent outlook on payments in the digital era, the bank justified its earlier apprehension, but revealed that it’s...