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India

India to license 2 offshore exchanges in 2025: report
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11 September, 2024

India to license 2 offshore exchanges in 2025: report

After delisting offshore exchanges 2023, India is reevaluating its stance, with the Financial Intelligence Unit set to approve two more...
Blockchain allows migrant workers support their families
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4 September, 2024

Blockchain allows migrant workers support their families

Unlike traditional remittance methods, remittances on the blockchain could help migrant workers send funds regularly to their families with minimal...
Consultation paper to shape India’s digital asset regulation future
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29 August, 2024

Consultation paper to shape India’s digital asset regulation future

India is moving past enacting taxes on digital assets with an upcoming consultation paper likely to provide the sector with...
India’s CBDC has 5M users, RBI in ‘no rush’ to launch it
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28 August, 2024

India’s CBDC has 5M users, RBI in ‘no rush’ to launch it

India’s central bank revealed that 16 local banks are participating in the pilot but says it’s still finetuning features such...
Binance lawsuit targets exchange as ‘get-away driver’ for bad actors
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22 August, 2024

Binance lawsuit targets exchange as ‘get-away driver’ for bad actors

Binance has been hit with various complaints and settlements in different jurisdictions, with a civil lawsuit filed at the U.S....
Tokenized deposits gaining traction in India, central bank says
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21 August, 2024

Tokenized deposits gaining traction in India, central bank says

Michael Debabrata Patra, deputy governor of the RBI, believes that tokenized deposits have various use cases in cross-border and domestic...
India central bank: Integration of advanced technologies in financial sector brings opportunities, risks
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20 August, 2024

India central bank: Integration of advanced technologies in financial sector brings opportunities, risks

To mitigate the risks in finance, Shri Swaminathan J said that regulators must adopt a more agile approach, developing regulatory...
Replacement of bank deposits by CBDC an area of key interest for deposit insurers: RBI
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19 August, 2024

Replacement of bank deposits by CBDC an area of key interest for deposit insurers: RBI

At a recent International Association of Deposit Insurers event, Michael Debabrata Patra, deputy governor of RBI, said that CBDC will...
Google’s Made in India Pixel 8 devices in production, lures global tech companies
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17 August, 2024

Google’s Made in India Pixel 8 devices in production, lures global tech companies

Google's made-in-India Pixel 8 is part of the Make in India initiative by the Indian government to create and encourage...
90% of women in India see GenAI as significant for career progress, not all prepared to use it: survey
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16 August, 2024

90% of women in India see GenAI as significant for career progress, not all prepared to use it: survey

The Nasscom and BCG survey revealed that while about 90% of women respondents view GenAI tools as crucial for their...
India has no plans to regulate digital asset sales or purchases
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15 August, 2024

India has no plans to regulate digital asset sales or purchases

While there are no immediate plans to regulate digital asset sales and purchases, India continues to strictly monitor the industry,...
India’s UPI surpasses 100,000 cross-border transactions in Nepal, expands to Maldives
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15 August, 2024

India’s UPI surpasses 100,000 cross-border transactions in Nepal, expands to Maldives

NIPL teamed up with Nepal's Fonepay to launch cross-border P2M UPI, while the National Payments Corporation of India and the...