CBDCs
Indian retail giant to accept CBDC payments for goods
Reliance Retail inserted in-store support to its gourmet food chain Freshpik as a first step and will implement it in its other branches.
Zeynep Geylan 2 min read India News
Coverage of taxation, regulation, Web3 startups, and national digital payments shaping India’s crypto scene.
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Zeynep Geylan 2 min read 
Banking
Ex-India RBI chief says crypto price collapse will unlock ‘true value’ of crypto
Raghuram Rajan's views stand at odds with that of the current RBI governor, who is pushing for a blanket ban on crypto.
Regulation
India’s central bank governor calls for ban on crypto, compares it to gambling
Shaktikanta Das reiterated his earlier criticisms of the cryptocurrency sector.
More India Crypto News & Analysis
Exchanges
WazirX publishes proof of reserves of assets worth $285M
WazirX currently holds about 6.09 trillion SHIBA INU worth $54.6 million, 1,356 BTC worth $23.6 million, and 20,056 ETH worth $26.6 million.
CBDCs
G7 economies move into development stage of CBDCs
G7 economies and over 20 additional countries are in development stages for CBDCs, according to the Atlantic Council.
Exchanges
India’s crypto tax could cause CEXs to lose $1.2T trading volume by 2026
In the 9 months following India's 30% crypto tax levy, exchanges cumulatively lost $3.85 billion in trading volume to foreign counterparts.
Regulation
Indian central bank governor calls for crypto ban, champions CBDCs
The Indian central bank governor called for a ban on crypto and said the country should adopt CBDCs instead as they will reduce need for printing fiat currencies.
Crypto
CryptoSlate Wrapped Daily: Bitcoin falls 1.4% after US payroll data, FTX Japan works to offer liquidity
Binance freezes $3 million after the Ankr attacker stole 6 quadrillions of aBNB, data shows over 8% of Bitcoin was purchased between $15,5K and. $17K, and much more in this edition of CryptoSlate Wrapped Daily.
CBDCs
CBDCs: India’s digital rupee falls flat as low volumes blight trial run
Initial reports suggest the e-rupee has failed to catch on among retail users. Worse still, bankers blasted it as an inefficient administrative burden.
Latest India Crypto News Headlines
Analysis
Asia’s Bitcoin supply records new ATH while US, EU reserves shrink
CBDCs
Indian central bank on track to launch retail CBDC pilot next month
Crypto
CryptoSlate Wrapped Daily: Grayscale taking SEC to court over spot BTC ETF, CoinCenter sues US Treasury for Tornado Cash ban
Adoption