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Latest Articles in digital currency
Digital Rupee All Set For Pilot Launch By RBI
In a concept note, the RBI stated that the CBDC, being a sovereign currency, holds unique advantages of central bank money, especially trust, safety, liquidity, settlement finality and integrity
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7.3% Indians Owned Digital Currency In 2021, 7th Highest In World: UN
Over seven per cent of India's population owns digital currency, according to the UN, which said that the use of cryptocurrency rose globally at an unprecedented rate during the COVID-19 pandemic
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Will Respect Privacy And Protect Personal Data While Using Digital Yuan: China
The People's Bank of China is a front-runner in developing and issuing a central bank digital currency (CBDC)
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UK Think Tank Calls For Global Digital Currency Rules
Key to realising the full potential of CBDCs is ensuring that they can operate across different markets to facilitate wholesale cross-border payments, says think tank
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Digital Rupee: How Will It Bring A Change?
The idea of a central bank digital cash (CBDC) has went forward movement lately, with a rising number of central banks declaring endeavors to investigate CBDC use plans
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Regulating Crypto Assets, Digital Currency India's Priorities: IMF Official
Overall, the IMF is looking at India in a very positive fashion, Tobias Adrian, Financial Counselor and Director of the Monetary and Capital Markets Department told PTI on Tuesday
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Discussions On With RBI Over Digital Currency: Sitharaman
Last week, RBI Governor had said the central bank does not want to rush and is carefully examining all aspects before introduction of the CBDC
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Cyber Security, Frauds Main Concerns With Digital Currency: RBI
The RBI had earlier this year announced that it has started work on the CBDC, in line with other major central banks of the world which are looking at a fiat digital currency.
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Cash Going To Co-exist With RBI's Digital Currency: Former Governor Subbarao
The former RBI governor also noted that privacy is also going to be a big issue when the RBI launches the digital currency.
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Global Crypto Exchange CrossTower Enters India Despite Policy Uncertainty
India’s digital currency market has grown from $923 million in April 2020 to $6.6 billion in May 2021. Among 154 countries, India ranks 11th in cryptocurrency adoption
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CryptoBiz Exchange Takes Huge Strides With A Solid Technical Team
The government is also examining possible regulations of cryptocurrency exchanges with a focus on protecting investors and preventing market manipulation, as well as financial account reporting as it relates to crypto asset exchange accounts and payment service accounts that accept cryptocurrencies.
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Modi Government Looking To Bring Digital Rupee In A Phased Manner
Recently, RBI Deputy Governor T Rabi Shankar expressed the government’s intention to launch its own version of digital currency in a phased manner.
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RBI Contemplating Pilot Launch Of Digital Currency In Near Future: Dy Guv
The Deputy Governor further said legal changes would be necessary as the current provisions have been made keeping in mind currency in a physical form under the Reserve Bank of India Act.
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India Fastest-Growing Fintech Market, Ahead Of US In Financial Innovation: Senator Steve Daines
'India is among the fastest-growing FinTech markets in the world. In fact, India processed nearly 10 billion more real-time payments than China in 2020, USD 25.5 billion, versus USD 15.7 billion for China
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IAMAI-BACC Sets Up Self-Regulatory Code Of Conduct For Crypto Exchanges
IAMAI-BACC noted that with 15 million users and upwards of Rs 10,000 crore held by small investors, India is among the top players globally in the crypto market.
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