Tags: Indian Government

Listening to the plea, the bench headed by the Chief Justice of India (CJI) remarked that the petitioner’s demands are more legislative in nature.

The tool will monitor crypto wallets and alert the Indian Ministry of Home Affairs about irregular transactions, according to a report.

Numerous initiatives by local and state governments in India — from data management systems to verifiable certificate issuances — currently use blockchain technology.

Indian crypto platforms could attain similar status as authorized dealers (similar to banks) under the guidelines of the Indian Central Bank RBI.

Singapore, Malaysia, the UAE, France, Benelux countries, Nepal and the U.K. have adopted the NPCI’s UPI payments system to varying degrees.

India’s central bank said that there’s a potential for an AI system that would initiate transactions through a conversation.

Feature is envisaged in the project of national web browser, cherished by the Ministry of Electronics & Information Technology.

The lower house in the parliament of India approved updates to a bill that would ease data storage, processing and transfer standards for Big Tech companies.

In an RBI-organized conference for the directors of Indian banks, deputy governor Mahesh Kumar Jain discussed risk strategies around sustainable growth and stability.

One of the banking partners in the cross-border remittance service is also part of the government’s CBDC program.

Nirmala Sitharaman hopes that finance ministers and central bank governors will be able to agree on crypto regulations in the G-20 meeting in Bengaluru later this month.

Reliance Retail has implemented support for the digital rupee in its gourmet store line Freshpik.