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India

India’s central bank allows non-banking payment operators to offer CBDC wallets
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11 April, 2024

India’s central bank allows non-banking payment operators to offer CBDC wallets

India's central bank is doubling down on its CBDC initiatives, announcing plans to make the digital rupee more accessible to...
AI, blockchain changing methods of banking, India PM says
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5 April, 2024

AI, blockchain changing methods of banking, India PM says

India's Prime Minister Narendra Modi also stressed the need for Reserve Bank of India to chart a path for the...
India’s Narendra Modi talks AI, tech advancements with Bill Gates
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4 April, 2024

India’s Narendra Modi talks AI, tech advancements with Bill Gates

Indian Prime Minister Narendra Modi told Bill Gates that he wants to use AI to improve Indians’ ease of living,...
OKX digital asset exchange shuts India operations
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25 March, 2024

OKX digital asset exchange shuts India operations

In an X post, OKX asked Indian users to close all their margin positions and positions in perpetuals, futures, and...
India’s billionaire banker, markets regulator, open up on digital currency
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19 March, 2024

India’s billionaire banker, markets regulator, open up on digital currency

The founder of India's third largest private bank has labeled digital currency as an "alternate market currency" amid Finance Minister...
Digital currency cannot be legal currency, India’s finance minister says
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18 March, 2024

Digital currency cannot be legal currency, India’s finance minister says

India's Finance Minister Nirmala Sitharaman insists that digital currencies cannot be a legal currency in India, they are simply assets...
India hosts documents on blockchain
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13 March, 2024

India hosts documents on blockchain

Blockchain adoption is gathering steam in India, with the National Informatics Centre onboarding 19 departments, including the Supreme Court, into...
India seeks to bolster economy with $1.24B investment for AI development
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12 March, 2024

India seeks to bolster economy with $1.24B investment for AI development

India's five-year AI initiative, for which the country allocated over $1B, covers the safe implementation of artificial intelligence through a...
Indian pilgrims get NFT collectible option
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11 March, 2024

Indian pilgrims get NFT collectible option

India is utilizing NFTs beyond gaming, leveraging the tokens to improve its ticketing and tourism services, digital art and music,...
BRICS eye stifling US dollar influence with blockchain-based payment system
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9 March, 2024

BRICS eye stifling US dollar influence with blockchain-based payment system

Russia is reportedly banking on the planned blockchain-based payment system to reduce the U.S. dollar's global influence, seeking help from...
India exempts startups in new regulation on releasing AI tools to public
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8 March, 2024

India exempts startups in new regulation on releasing AI tools to public

Aside from getting a permit, firms covered by the new mandate should ensure that their artificial intelligence tools, products, or...
Reserve Bank of India gives no specific timeline for ‘full-fledged’ e-rupee launch
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7 March, 2024

Reserve Bank of India gives no specific timeline for ‘full-fledged’ e-rupee launch

It will take quite some time before India sees the "full-fledged" launch of its CBDC as the RBI insists on...