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Tag: digital rupee

Digital Rupee Attracts 50,000 Users, India’s Central Bank Says

India’s central bank, the Reserve Bank of India (RBI), has announced that 50,000 users have adopted the nation’s central bank digital currency (CBDC), the...

India’s CBDC Pilot Test Garners 50k Users and 5k Merchants

20 hours ago | 2 mins read Editors News RBI deputy governor Rabi Sankar...

India’s Central Bank Reveals 50,000 Users and 5,000 Merchants Now Using Digital Rupee

India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using its central bank...

India’s Retail CBDC Pilot Onboards 50K Users, RBI to Continue with ‘Go Slow’ Approach

India’s retail CBDC pilot, launched on December 1, has onboarded 50,000 users and 5,000 merchants. In the two-month period, 0.77 million e-rupee transactions...

7 Key Fintech Takeaways from India’s New Budget

The Union 2023-24 budget, presented by the Finance Minister of India, Nirmala Sitharaman is a landmark event that holds immense significance for the country’s...

India to Introduce Measures Around Crypto This Year, Says Government Official

The Indian government is planning to introduce “measures around crypto” this year, according to the country’s Economic Affairs Secretary Ajay Seth. India’s finance...

Reliance Retail accept digital rupee at one store

Reliance Retail, one of the largest retail chains in India, has made an announcement stating that they have begun taking the digital rupee at...

India Gets Huge CBDC Push With Retail Giant Reliance

India’s largest retail chain Reliance has started accepting the country’s retail CBDC. The Digital Rupee will soon be accepted in 17,000 stores across the...

India’s largest retailer Reliance starts CBDCs sales

Indian retail giant Reliance Retail announced on Thursday that it has started accepting digital rupee payments to become the largest Indian firm to adopt...

India’s Billionaire Showcases Digital Rupee

Anand Mahindra, an Indian billionaire and a board member of the Reserve Bank of India, bought some pomegranates from a street vendor by paying...

Turkey Pushes Ahead With Digital Lira

Turkey’s central bank announced today that it had completed the first set of tests for its long-planned digital currency. The Central Bank of the Republic...

India’s Central Bank Chief: Cryptocurrencies Will Cause Next Financial Crisis if They’re Not Banned

The governor of India’s central bank, the Reserve Bank of India (RBI), has warned that the next financial crisis will come from cryptocurrencies,...

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