Supreme Court’s Criticism Pushes Indian Government to Review Crypto Regulations The world of cryptocurrency is once again in the spotlight, this time in India. The Indian government is now facing pressure to review its current stance on cryptocurrency regulations following criticism from the Supreme Court. This development has the potential to significantly impact the future […]
Reserve Bank of India Cautions on CBDC Implementation Risks
The Reserve Bank of India (RBI) is taking a cautious approach towards its central bank digital currency (CBDC), the e-rupee, highlighting the need for a thorough understanding of the potential long-term effects before wider adoption. Launched in December 2022, the e-rupee’s adoption has been modest, with only 1 million retail transactions recorded by mid-2024. This […]