SBI launches initiative to promote digital rupee usage via UPI
SBI promotes digital rupee via UPI, linking it with CBDC, aiming to boost digital currency adoption.
Source: dnaindia.com
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India's Largest Retailer Accepts Digital Rupee CBDC
India’s largest retailer Reliance Retail is accepting the Reserve Bank of India’s Digital Rupee (e₹-R) Central Bank Digital Currency (CBDC). Customers can pay…
Source: biztoc.com
Government should face reality and do the heavy lifting to regulate cryptos
3 days ago For a government that has embraced fintechs and blockchain wholeheartedly in the past few years, its stance on crypto-currencies is perplexing. Is it a lack of understanding, or a lack of institutional capacity, that is preventing the government from stepping up and regulating crypto-currencies? In January, the government announced that it plans to enter the global race of digital currencies or CBDCs while at the same time banning “private” crypto-currencies like Bitcoin and Ethereum among others. However, in the last few months it has indicated that it will give some room to c...
Source: medianama.com