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Despite India’s Silence on Crypto, Reliance Retail Will Accept CBDC in Mumbai
On Thursday, February 2, Reliance Retail announced that its Mumbai stores would adopt India’s digital rupee CBDC. In order to...
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Amid FTX collapse, crypto funds see largest inflows in 14 weeks
Inflows into cryptocurrency investment products rose sharply last week as institutional investors...
Lawmaker Says US Needs CBDC to Remain in ‘the game’
Crypto wallet BitKeep has been hacked for more than $1 billion in BNB...
NY Fed launches 12-week CBDC pilot program with major banks
The Federal Reserve Bank of New York’s Innovation Center, or NYIC, announced that...
US President Biden announces pick for FDIC chair
United States President Joe Biden announced he would be nominating Federal Deposit Insurance...
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Kotak Mahindra Bank Implements RBI’s First Phase of Digital Rupee
Kotak Mahindra Bank Limited (KMBL) on Thursday announced that it has implemented the first phase of the Reserve Bank of...
Read moreReliance Retail To Start Accepting India’s Retail CBDC For Payments
India’s largest retail chain Reliance Retail has started accepting the e-rupee for payments in its stores. The initial rollout is...
Read moreMontenegro Central Bank Partners With Ripple To Build Its CBDC
Another central bank has chosen Ripple, a crypto payments company for cross-border remittances, to build its own Central Bank Digital...
Read moreMontenegro’s central bank teams up with Ripple
Montenegrin Prime Minister Dritan Abazović has announced on Twitter that his country is pursuing a digital currency in conjunction with...
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Amid crypto winter, central banks rethink in-house digital currencies
Over the last couple of years, numerous reports have surfaced regarding governments worldwide exploring the issuance of their very own...
Read moreDigital currency firm Amber reduces employee count in Hong Kong
Singapore-based Amber Group is the latest virtual currency firm to succumb to the bear market as it announced a reduction...
Read moreIndia Virtual Currency Industry Calls for Tax Relief
Key stakeholders in India’s digital currency industry are seeking a reduction of the draconian regulatory policies against the sector. The interested parties hope the...
Read moreNorway’s digital currency project raises privacy questions
The small Nordic country of Norway may not be particularly notable on the global crypto map. With its 22 blockchain...
Read moreChina’s digital yuan gets smart contract functionality alongside new use cases
China’s central bank digital currency (CBDC) — the digital yuan, or eCNY — has received upgrades giving it smart contract...
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Global CBDC Real-Time Payment Network Launches in Davos
Leave it to the lofty inspirations of the World Economic Forum to come up with the Universal Digital Payments Network. This,...
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