FM Sitharaman Announces Establishment of India’s First Digital Currency
Today, Nirmala Sitharaman, Union Finance Minister, announced India’s first digital currency would be available shortly for Indian investors. Around her fourth Budget, Sitharaman stated that the Reserve Bank of India (RBI) will launch digital currency in 2022-23. She also said that it would have a significant impact on the economy. In July of last year, […]
Top 5 Crypto News – RBI Establishes A Department To Supervise Cryptocurrency Exchanges
RBI Establishes A Department To Supervise Cryptocurrency Exchanges & Develop CBDCs According to a Coindesk story, the Reserve Bank of India (RBI), the central body controlling banking in India, has established a special fintech department to supervise draught laws for Bitcoin and its planned central bank digital currency (CBDC). According to the article, the bank […]