RBI

Reserve Bank Of India’s Bold Moves: Transforming The Digital Rupee Landscape

The Reserve Bank of India is partnering with banks to introduce innovative features. Despite recent developments, daily digital rupee transactions…

8 months ago

RBI Warns That Stablecoins Pose Existential Threat, Stresses CBDC As Optimal Solution

Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar warns that stable currencies, or stablecoins, pose an "existential threat"…

10 months ago

Indian Central Bank Set A Bold Goal With 1 Million CBDC Users By The End Of This Month

The Indian central bank intends to reach the one million user milestone for the central bank's digital currency, or Digital…

11 months ago

RBI Actively Expands CBDC Pilot In 2023

According to the RBI annual report issued on May 30, the central bank plans to extend the pilot for the…

11 months ago

India Hopes To Target 1 Million CBDC Users In The Next 3 Months

India plans to introduce the digital rupee to one million users within three months via its ambitious retail CBDC program.

1 year ago

RBI Governor: The US Bank Crisis Highlights Crypto Risks

According to the governor of RBI, the current US banking crisis plainly highlights the threats cryptocurrencies present to the financial…

1 year ago

RBI Governor Says Cryptocurrency Is Gambling With No Economic Value

Key Points: Shaktikanta Das, governor of the Reserve Bank of India, has reaffirmed his position asking for the prohibition of…

1 year ago

RBI Believes That Crypto Should Be Outlawed Because It Will Lead To The “Next Financial Crisis”

Key Point: The governor of the Reserve Bank of India expressed his opinion that it would be wise to outlaw…

1 year ago

Reserve Bank Of India Governor Warns About Crypto Risks

Key Points: Shaktikanta Das, the governor of India's central bank, demanded a ban on cryptocurrencies and suggested CBDCs as a…

1 year ago

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