India is one of the biggest cryptocurrency markets in the world. However, the authorities' wait-and-watch approach to crypto regulation risks leaving the country behind as other countries tap into the sector's potential.
The proposed scheme, in the emerging GIFT City financial hub, will allow customers of Indian banks to make and receive instant US dollar transactions, with 24/7 clearing and settlement processes using distributed ledger technology.
In the 34th AGM of Reliance Industries, Indian billionaire Mukesh Ambani announced the strategic plans of his company’s newly listed financial arm - Jio Financial Services (JFS).
In the 34th AGM of Reliance Industries, Indian billionaire Mukesh Ambani announced the strategic plans of his company’s newly listed financial arm - Jio Financial Services (JFS).
India is one of the biggest cryptocurrency markets in the world. However, the authorities' wait-and-watch approach to crypto regulation risks leaving the country behind as other countries tap into the sector's potential.
The proposed scheme, in the emerging GIFT City financial hub, will allow customers of Indian banks to make and receive instant US dollar transactions, with 24/7 clearing and settlement processes using distributed ledger technology.
November 1, 2022 The first pilot of India’s CDBC, the e-rupee, commenced today. It will test the wholesale segment (e₹-W) in bond transactions with nine banks. The retail segment (e₹-R) is planned for launch within a month.
