Cryptocurrency Market

  • Market Cap: $3,703,489,092,950.82
  • 24h Vol: $229,749,848,954.28
  • BTC Dominance: 55.33%

indian central bank

india’s-digital-rupee-surpasses-5-million-users,-rbi-discloses

India’s Digital Rupee Surpasses 5 Million Users, RBI Discloses

India’s central bank, the Reserve Bank of India (RBI), has revealed that as of June, there were five million digital rupee users and 420,000 merchants participating in the retail central bank digital currency (CBDC) pilot. The RBI emphasized that the digital rupee is designed to complement cash and existing payment systems, serving both wholesale and […]

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indian-central-bank-chief-insists-crypto-should-be-banned-—-warns-‘it-will-undermine-authority-of-rbi’

Indian Central Bank Chief Insists Crypto Should Be Banned — Warns ‘It Will Undermine Authority of RBI’

India’s central bank has reiterated its stance on banning cryptocurrencies like bitcoin and ether. The governor of the Reserve Bank of India (RBI) likened cryptocurrency trading to gambling. He warned that crypto “will undermine the authority of the RBI and lead to the dollarization of the economy.” RBI’s Governor Wants Crypto Banned The governor of

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