RBI lists risks of stablecoin for developing economies, calls for global regulation
The Reserve Bank of India listed six specific ways stablecoin can undermine emerging markets, adding to its mounting cas...
Search by tag: rbi
India explores offline functionality of CBDCs: RBI executive director
In addition to offline functionality, RBI is gauging CBDC’s potential for cross-border transactions and linkage with leg...
Crypto could spark the next financial crisis, says India’s RBI head
Reserve Bank of India Governor Shaktikanta Das warned that if crypto becomes regulated and is allowed to grow, it could...
CBDCs can “kill” private crypto: India's RBI deputy governor to IMF
“One of the reasons it is so successful is because it's simple,” he added while comparing the Unified Payments Interface...
India to roll out CBDC using a graded approach: RBI Annual Report
Halfway through 2022, at the proof of concept stage, RBI is in the process of verifying the feasibility and functionalit...
RBI warns of crypto 'dollarization' of Indian economy
Crypto "will seriously undermine the RBI's capacity to determine monetary policy and regulate the monetary system of the...
RBI seemingly wants to ban cryptocurrencies, but not for the reasons you might think
It appears the root cause of concern is the potential for digital assets to disrupt the rise of India as a global power.
RBI deputy governor: banning crypto 'most advisable choice'
Rabi Sankar has taken a strong stance against cryptocurrency citing a “destabilizing effect” it may have on the country’...
India CBDC pilot may commence in December, says RBI governor
India’s central bank is carefully considering the merits of issuing a digital rupee as CBDC exploration continues to gat...
RBI Forces Indian Banks to Cease All Cryptocurrency Activity in Two Days
Financial institutions in India have only two more days to close off relationships with individuals and firms dealing in...
