₹936 cr attached in crypto frauds, 5 arrested: FinMin
The ED is investigating several cases related to cryptocurrency frauds wherein a few crypto exchanges have been found involved in money laundering, says MoS Pankaj Chaudhary
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Shaktikanta Das pitches for rupee, CBDC use for cross-border trade in South Asia
The RBI Governor says the global trade outlook for 2023 remains "overcast", but greater intra-regional trade can enhance growth and job opportunities in the region.
Crypto policy with FinMin; needs global collaboration: MoS Pankaj Chaudhary
Any legislation can be effective only with significant international collaboration on the evaluation of risks and benefits, says Pankaj Chaudhary.
RBI announces pilot launch of retail digital rupee on Dec 1
People can do P2P and P2M transactions with e₹-R via bank’s digital wallet. Payments to merchants can be made using QR codes, says RBI.
Digital rupee pilot to begin on Nov 1: RBI
The use case for this pilot is settlement of secondary market transactions in government securities, says RBI.
India aiming for SOP on crypto during G20 presidency: FM
Finance Minister Nirmala Sitharaman says India wants to place the agenda on crypto before the G20 table for discussion and aim for a tech-driven regulatory framework.
TCS to help central banks in digital currency launch
Central banks will be able to manage the issuance and distribution of CBDCs, says TCS.
RBI to launch e₹ pilot
Digital Rupee will be issued by the central bank and won't be not mined like crypto, says RBI.
How banking metaverse will change the way you bank
You can see a real-world bank that your personalised avatar can visit. Avatars of relationship managers and robo-advisors will engage with you.
Avatar-based banking, portfolio analysis in metaverse, coming soon
The banking metaverse plans to have tokens as NFTs and support the central bank digital currency (CBDC) to enable open finance in a Web3.0 environment.
