India holds ground on crypto tax, cuts jail time for defaults
In her Budget 2026 presentation, Nirmala Sitharaman announced the continuance of the punitive crypto tax, causing dismay among…
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digital rupee
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RBI eyes market transformation with CBDC-based tokenization
India’s central bank plans to use its wholesale CBDC to tokenize financial assets and settlements, aiming to make…
India adopts stablecoins, shifting to digital currency strategy
India’s finance minister highlights the growing importance of stablecoins, emphasizing their potential to reduce remittance costs significantly. The…
India sidesteps crypto law, opts for limited oversight
India is pulling back from a dedicated crypto law, as the RBI warns rules could backfire by giving…
Landless farmers in India reap benefits of CBDC: report
NABARD and SBI are spearheading initiatives to help landless farmers access financial services as India works toward more…
Fintechs introduce CBDC with Reserve Bank of India
Fintech platforms like MobiKwik, Yes Bank, and Cred are introducing India’s CBDC in collaboration with the Reserve Bank…
India: RBI to credit officers’ reimbursements into CBDC wallets
Eager to prevent the digital rupee’s further decline in usage due to stiff market competition, the RBI is…
E-rupee set for broader adoption as cloud facility gathers steam
The e-rupee is forecast to gain massive adoption in the cross-border payments sector in 2025. Meanwhile, businesses can…
Is RBI’s push for instant payments hindering CBDC adoption?
Despite India seeing CBDC as the future of money, the digital rupee struggles to gain a foothold in…
India makes strides in CBDC use cases in 2024
While India has set no target date for a CBDC rollout, throughout 2024, the country explored its digital…