The Central Bank Digital Currency is Being "Phased Implemented" by the Reserve Bank of India.
The Reserve Bank of India (RBI), the country's central bank, is attempting to "phase in a central bank digital currency (CBDC) in both wholesale and retail segments." The RBI Act of 1934 has been modified as needed to permit the central ban
July 21, 2022
An official from the Reserve Bank of India: Central Bank Digital Currencies Could Destroy Cryptocurrencies
T. Rabi Sankar, Deputy Governor of the Reserve Bank of India (RBI), believes that central bank digital currencies could "kill whatever little case there might be" for cryptocurrencies like bitcoin and ether. RBI Deputy Governor T. Rabi Sank
June 04, 2022
Facebook Cancels Calibra Launch in India
It is no news that the Indian government frowns at cryptocurrency and anything related to digital assets, and that recently included Facebook's crypto, Libra and its Calibra wallet, which have been surrounded by so many controversies recent
July 10, 2019
Bitcoin Emerges Winner as Indian Demonetisation Declared a Total Failure by RBI
India carried out a massive demonetisation exercise that began on November 8, 2016. We covered the story of demonetisation extensively after it happened and had predicted that the program would be “All Pain, No Gain.” The release of the ann
September 01, 2017