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digital rupee

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
Policy
Regulations
India CBDC Insider Reveals Current Stance of Country's Central Bank
India’s central bank is weighing CBDC privacy technology and crypto tax is not part of its domain, a senior official told CoinDesk.
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
By Amitoj Singh
Feb 2, 2024 at 12:30 a.m. UTC
Feb 2, 2024
RegulationsCryptoIndiaRBICBDCsPrivacyReserve Bank of Indiadigital rupeeExclusive
Shaktikanta Das, Governor, Reserve Bank of India (left) and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
Policy
Regulations
India's Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks
The retail CBDC pilot is active in more than 15 cities with more than a dozen banks participating.
Shaktikanta Das, Governor, Reserve Bank of India (left) and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
By Amitoj Singh
Jan 4, 2024 at 3:20 p.m. UTC
Jan 4, 2024
RegulationsIndiaReserve Bank of IndiaCBDCsdigital rupee
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister (Indian Ministry of Finance)
Policy
Regulations
India’s Central Bank Seeking Privacy Legislation for Retail CBDC Users
The RBI is seeking a provision that would allow customers to delete transactions to maintain anonymity if they so choose to.
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister (Indian Ministry of Finance)
By Amitoj Singh
Mar 21, 2023 at 1:26 p.m. UTC
Mar 21, 2023
RegulationsRBIIndiaPrivacyCBDCsdigital rupee
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
Policy
Regulations
Unpacking India's CBDC Pilots as Country Prepares for Digital Rupee
India launched two CBDC pilots last year, a wholesale CBDC and a retail CBDC.
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
By Amitoj Singh
Feb 8, 2023 at 3:00 a.m. UTC
Feb 8, 2023
RegulationsIndiaRBIReserve Bank of IndiaCBDCsRetaildigital rupee
(Unsplash)
Policy
Regulations
India's Reliance Retail, Other Merchants Now Accepting Digital Rupee
The pilot phase for India's digital currency has expanded beyond the original four cities.
(Unsplash)
By Amitoj Singh
Feb 2, 2023 at 1:31 p.m. UTC
Feb 2, 2023
RegulationsReserve Bank of IndiaCBDCdigital rupeeMerchantsRetailIndia
India's 30% Crypto Tax Proposal Explained
Video
China
India’s 30% Crypto Tax Proposal Explained
Indian Finance Minister Nirmala Sitharaman announced the nation’s budget Tuesday, revealing it will tax digital assets at a 30% rate and launch a digital rupee by 2023.
India's 30% Crypto Tax Proposal Explained
By CoinDesk Staff
Feb 2, 2022 at 7:52 p.m. UTC
Feb 2, 2022
ChinacdtvIndiaFM Clipcrypto taxCDSpotlight_SponsorDigital YuanNirmala Sitharamandigital rupeeTanvi Ratna
India Unveils 2022 Budget Proposing 30% Crypto Tax, Digital Rupee Launch
Video
Cdtv
India Unveils 2022 Budget Proposing 30% Crypto Tax, Digital Rupee Launch
In her presentation of the Modi government’s budget to Parliament, Indian Finance Minister Nirmala Sitharaman announced plans to launch a digital rupee by next year, and tax i...
India Unveils 2022 Budget Proposing 30% Crypto Tax, Digital Rupee Launch
By CoinDesk Staff
Feb 1, 2022 at 8:44 p.m. UTC
Feb 1, 2022
cdtvHash clipIndia (Country)Narendra Modicrypto taxNirmala Sitharamancrypto transactionsParliamentdigital rupeetax income