CBDCs can “kill” private crypto: India’s RBI deputy governor to IMF
“One of the reasons it is so successful is because it's simple,” he added while comparing the Unified Payments Interface’s (UPI) growth with blockchain technology.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
“One of the reasons it is so successful is because it's simple,” he added while comparing the Unified Payments Interface’s (UPI) growth with blockchain technology.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Binance Turns Up in India’s $500 Million-Plus Crypto Probe as a Route for Foreign Payouts
India’s Enforcement Directorate (ED) says a probe into more than ₹5,000 crore of crypto transfers, about $527 million at Friday’s...
India Names Binance and Bybit Among Foreign Platforms in $585M Crypto Remittance Probe
India’s Enforcement Directorate (ED) is investigating alleged cryptocurrency-linked cross-border transactions worth around $585 mi...
Solana co-founder tells US firms opposing tokenized stock trading to go private
The clash over tokenized stock trading highlights tensions between innovation and control, potentially reshaping public market dyn...
Binance hack bites India's largest crypto exchange as it curbs futures trading
CoinDCX has restricted new futures positions after Binance’s security incident disrupted a key liquidity provider. Deposits, withd...
Westpac to Limit How Much Customers Can Send to Crypto Exchanges, With No Exceptions
A Westpac customer who buys crypto by sending Australian dollars from the bank to an exchange will, starting Dec. 1, have a ceilin...
India's ED Announces Searches in $524 Million Crypto Transfer Probe
The agency named Binance and Bybit as platforms used for alleged foreign payouts, without announcing charges against either exchan...