Rbi On Cryptocurrency
- All
- News
- Videos
-
Bitcoin Holds Firm as Crypto Traders Look to Seasonal ‘Uptober’ Rally
The crypto market steadied on October 1, with Bitcoin holding above $114,000 and Ethereum near $4,140. Analysts said October, often called ‘Uptober’, could provide bullish momentum, though macro risks like the US government shutdown and RBI policy remain in focus. Altcoins, including Solana, Binance Coin, and Dogecoin, showed mixed moves.
-
RBI Governor Says Crypto Discussion Paper Will Clarify India’s Stance on Virtual Assets; Industry Reacts
RBI Governor Sanjay Malhotra stated that the upcoming crypto discussion paper, being prepared under the Finance Ministry’s oversight, will provide clarity on the future of crypto assets in India. However, he did not specify a timeline for its release.
-
Ripple Debuts RLUSD Stablecoin with Former RBI Chief Raghuram Rajan on Advisory Board
This week, Ripple launched its RLUSD stablecoin, pegged 1:1 to the US dollar. Advisory board member and former RBI governor Raghuram Rajan noted that stablecoins could soon play a key role in private payment systems.
-
RBI Governor Shaktikanta Das Highlights India’s Progress on CBDCs in Farewell Address: Key Insights
Shaktikanta Das concluded his tenure as RBI Governor this week. In his farewell address, he highlighted the ongoing advanced trials of India’s eRupee CBDC as one of the nation’s most significant achievements in recent years.
-
Hong Kong's HKMA to Upgrade e-HKD CBDC With Programmability, Offline Payment Features Similar to eRupee
Hong Kong is officially launching its e-HKD CBDC into its second, extended trial phase. the HKMA plans to equip the e-HKD CBDC with programmability and offline payments features. Another CBDC use case that Hong Kong is zealously exploring, is its use for tokenised deposits.
-
eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
-
RBI Sees CBDC as Means to Internationalise Indian Rupee, Improve Cross Border Transactions
Built like crypto but regulated by the RBI, India's eRupee CBDC is currently under its advanced trial phase. The country’s apex bank, at this point, is looking at the eRupee to become a tool to improve India’s cross border transactions and take the INR to an international level.
-
eRupee Sees Drop in Activity as Banks Pull Back on Promotion Efforts: Report
The CBDC transactions that had hit the mark of one million transactions per day in December 2023, has dropped to just around 100,000 daily transactions. In a report citing official sources familiar with the matter, Reuters claimed that a lack of organic demand to use the eRupee is evident.
-
Indian Web3 Players Call SEBI’s Vision for Distributed VDA Governance Encouraging, Pragmatic
In its suggestion to the government, the Indian markets regulator SEBI said it could oversee cryptocurrencies that can be seen as securities as well as keep an eye on Initial Coin Offerings (ICOs). Leader of India’s digital asset sectors have reacted to SEBI’s suggestions rather positively.
-
‘Cannot Be Currencies’: FM Nirmala Sitharaman Spells India’s Stance on Crypto
Finance Minister Nirmala Sitharaman was asked Friday about India’s stance on cryptocurrencies. Sharing her response, the finance minister said that cryptocurrencies were not seen or perceived as ‘currency’ in India.
-
eRupee Recorded Rs. 5.7 Crore in Transactions in First Four Months of Retail Trials, Says RBI: Report
The RBI managed to see transactions worth Rs. 5.70 crore processed via the eRupee CBDC during the first four months of retail trials. The information comes just days after the RBI told the media that the eRupee CBDC is to be loaded with features supporting features for offline payments and programmability.
-
India’s eRupee CBDC to Get Offline Payments Feature, Programmability Tweaks: RBI Governor
The governor of RBI has reportedly planned to experiment with offline solutions to drive the adoption of CBDC in remote and rural areas of the nation. Das disclosed some plans on Thursday, February 8 – concluding the RBI-hosted three-day Monetary Policy Committee (MPC) meeting.
-
Davos 2024: RBI Governor Calls Crypto ‘Highly Speculative’ Amid Others Preaching Representation
RBI governor Shaktikanta Das did not give any statement supporting the growth and acceptance of crypto in India. While praising the growth of India’s banking sector, Das said crypto is highly speculative, which is a matter of concern.
-
Cryptocurrencies Pose Risks to Emerging Markets, Central Bank's Stand Remains Unchanged: RBI Governor
RBI Governor Shaktikanta Das said on Thursday that the central bank's position on cryptocurrencies had not changed, despite wider acceptance in other countries. The central bank chief was responding to a question about the US securities regulator approving the first US-listed exchange-traded funds for Bitcoin. The RBI Governor has repeatedly stated...
-
Talks Underway for Global Framework on Crypto Rules, Says FM Nirmala Sitharaman
Discussions are underway on a global framework to regulate crypto assets, India's finance minister said on Tuesday, adding that cryptocurrencies could not be regulated efficiently without the co-operation of all countries.
-
Bitcoin Holds Firm as Crypto Traders Look to Seasonal ‘Uptober’ Rally
The crypto market steadied on October 1, with Bitcoin holding above $114,000 and Ethereum near $4,140. Analysts said October, often called ‘Uptober’, could provide bullish momentum, though macro risks like the US government shutdown and RBI policy remain in focus. Altcoins, including Solana, Binance Coin, and Dogecoin, showed mixed moves.
-
RBI Governor Says Crypto Discussion Paper Will Clarify India’s Stance on Virtual Assets; Industry Reacts
RBI Governor Sanjay Malhotra stated that the upcoming crypto discussion paper, being prepared under the Finance Ministry’s oversight, will provide clarity on the future of crypto assets in India. However, he did not specify a timeline for its release.
-
Ripple Debuts RLUSD Stablecoin with Former RBI Chief Raghuram Rajan on Advisory Board
This week, Ripple launched its RLUSD stablecoin, pegged 1:1 to the US dollar. Advisory board member and former RBI governor Raghuram Rajan noted that stablecoins could soon play a key role in private payment systems.
-
RBI Governor Shaktikanta Das Highlights India’s Progress on CBDCs in Farewell Address: Key Insights
Shaktikanta Das concluded his tenure as RBI Governor this week. In his farewell address, he highlighted the ongoing advanced trials of India’s eRupee CBDC as one of the nation’s most significant achievements in recent years.
-
Hong Kong's HKMA to Upgrade e-HKD CBDC With Programmability, Offline Payment Features Similar to eRupee
Hong Kong is officially launching its e-HKD CBDC into its second, extended trial phase. the HKMA plans to equip the e-HKD CBDC with programmability and offline payments features. Another CBDC use case that Hong Kong is zealously exploring, is its use for tokenised deposits.
-
eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
-
RBI Sees CBDC as Means to Internationalise Indian Rupee, Improve Cross Border Transactions
Built like crypto but regulated by the RBI, India's eRupee CBDC is currently under its advanced trial phase. The country’s apex bank, at this point, is looking at the eRupee to become a tool to improve India’s cross border transactions and take the INR to an international level.
-
eRupee Sees Drop in Activity as Banks Pull Back on Promotion Efforts: Report
The CBDC transactions that had hit the mark of one million transactions per day in December 2023, has dropped to just around 100,000 daily transactions. In a report citing official sources familiar with the matter, Reuters claimed that a lack of organic demand to use the eRupee is evident.
-
Indian Web3 Players Call SEBI’s Vision for Distributed VDA Governance Encouraging, Pragmatic
In its suggestion to the government, the Indian markets regulator SEBI said it could oversee cryptocurrencies that can be seen as securities as well as keep an eye on Initial Coin Offerings (ICOs). Leader of India’s digital asset sectors have reacted to SEBI’s suggestions rather positively.
-
‘Cannot Be Currencies’: FM Nirmala Sitharaman Spells India’s Stance on Crypto
Finance Minister Nirmala Sitharaman was asked Friday about India’s stance on cryptocurrencies. Sharing her response, the finance minister said that cryptocurrencies were not seen or perceived as ‘currency’ in India.
-
eRupee Recorded Rs. 5.7 Crore in Transactions in First Four Months of Retail Trials, Says RBI: Report
The RBI managed to see transactions worth Rs. 5.70 crore processed via the eRupee CBDC during the first four months of retail trials. The information comes just days after the RBI told the media that the eRupee CBDC is to be loaded with features supporting features for offline payments and programmability.
-
India’s eRupee CBDC to Get Offline Payments Feature, Programmability Tweaks: RBI Governor
The governor of RBI has reportedly planned to experiment with offline solutions to drive the adoption of CBDC in remote and rural areas of the nation. Das disclosed some plans on Thursday, February 8 – concluding the RBI-hosted three-day Monetary Policy Committee (MPC) meeting.
-
Davos 2024: RBI Governor Calls Crypto ‘Highly Speculative’ Amid Others Preaching Representation
RBI governor Shaktikanta Das did not give any statement supporting the growth and acceptance of crypto in India. While praising the growth of India’s banking sector, Das said crypto is highly speculative, which is a matter of concern.
-
Cryptocurrencies Pose Risks to Emerging Markets, Central Bank's Stand Remains Unchanged: RBI Governor
RBI Governor Shaktikanta Das said on Thursday that the central bank's position on cryptocurrencies had not changed, despite wider acceptance in other countries. The central bank chief was responding to a question about the US securities regulator approving the first US-listed exchange-traded funds for Bitcoin. The RBI Governor has repeatedly stated...
-
Talks Underway for Global Framework on Crypto Rules, Says FM Nirmala Sitharaman
Discussions are underway on a global framework to regulate crypto assets, India's finance minister said on Tuesday, adding that cryptocurrencies could not be regulated efficiently without the co-operation of all countries.
