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CBDC
CBDC News
CBDC
11 Sep 2023
RBI, Banks Plan New Features To Boost Digital Currency, e-rupee, Soon
Retail CBDC transactions are averaging close to 18,000 a day, way short of the RBI's one million-a-day target by 2023 end. The features include allowing digital rupee transactions when a customer is offline and linking the e-rupee to India's popular Unified Payments Interface (UPI), three of the people quoted above said.
Digital currency
08 Sep 2023
List Of Banks That Allow Digital Rupee Interoperable With UPI
The e₹-R would be in the form of a digital token that represents legal tender, distributed through intermediaries, i.e., banks. It would be issued in the same denominations that paper currency and coins are currently issued.
Reserve Bank of India
06 Sep 2023
RBI To Highlight Digital Payments Infrastructure At G20 Summit
According to RBI sources, the RBI exhibition pavilion at the G20 summit will put up five major items for display, including the Public Tech Platform (PTP) for frictionless credit.
CBDC
08 Feb 2023
RBI Digital Rupee: E-Rupee to be Piloted by 5 More Banks in 9 More Cities Soon
The CBDC is expected to make the inter-bank market more efficient and settlements in e-rupee can reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or for collateral to mitigate settlement risk.
IAMAI
15 Jul 2022
IAMAI dissolves Blockchain & crypto council amid regulatory uncertainties
IAMAI announced the dissolution of BACC. The IAMAI said that it was forced to take the decision. Bitcoin and Ethereum nosedived by nearly 70%.
Bitcoin
25 Jun 2022
‘Bitcoin heading to ZERO!’ China's BIG warning to investors
Bitcoin hit a record high of $68,000 in November last year. The Chinese government banned Bitcoin mining in July last year.
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