Stay updated with the latest central-bank-digital-currency news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on central-bank-digital-currency topics.
MUMBAI: India needs to be cautious towards stablecoins, as they pose significant macroeconomic risk while serving no purpose that fiat money cannot, the Reserve Bank of India Deputy Governor, T. Rabi Sankar, said on Friday. Stablecoins gained global prominence after the U.S. passed a law to create a regulatory framework for dollar-pegged cryptocurrency tokens, boosting their popularity and pushing the global market cap of such tokens above $300 billion. India has diverged from large global and ...Read More >
RBI Governor Sanjay Malhotra addressed the Global Fintech Fest 2025, urging India's nearly 10,000 fintech entities to responsibly innovate, serve the underserved, and embed data protection to help India become a developed nation by 2047. Reserve Bank of India (RBI) Governor, Sanjay Malhotra, urged fintechs to leverage India's digital public infrastructure to serve the underserved, innovate responsibly, and shape global digital finance. In his address at the Global Fintech Fest 2025 in Mumbai on ...Read More >
Mumbai, Oct 8 (PTI) Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest here, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved. "Build for inclusion. While there may be higher profits to be made by deepening access to the haves and the privile ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.