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Tag: rupee

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...

Pakistan and Egypt at Risk of Currency Crisis

Pakistan and Egypt are the latest countries to develop a monetary crisis as their currencies plunge while inflation jumps. Pakistan, a country with a GDP...

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...

Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization

During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last...

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,...

What’s New in CCP Disclosures – 3Q22?

Clearing Houses have published their latest CPMI-IOSCO Quantitative Disclosures: Initial margin for ETD at $547 billion is up 4% QoQ and up 16% YoY Initial margin for IRS at $281 billion...

Digital Asset Winter Forecast 2022-2023 (Sean Salloux)

Recent industry activity and the key indicators behind digital asset adoption rates for 2023. Digital assets are more prevalent and accessible than ever before, but,...

India’s Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims

An Indian central bank official claims that if there is anything cryptocurrencies like bitcoin and ether can do, the Reserve Bank of India...

Indian CBDC Fails to Impress Bankers in Initial Trials: Report

The initial excitement among Indian bankers over the launch of a central bank-sponsored digital rupee seems to be fizzling out. They find it...

CryptoSlate Wrapped Daily: Bitcoin falls 1.4% after US payroll data, FTX Japan works to offer liquidity

The biggest news in the crypto-verse for Dec. 2 includes Bitcoin’s negative 1.4% reaction to the U.S. payroll data, FTX Japan’s...

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