India's central bank broke out a unit devoted to fintech into its own department as it continues to evaluate and develop a central bank digital currency while facing the explosive growth of cryptocurrencies. . by Amitoj
The new department will be overseen by Ajay Kumar Choudhary who wasby the RBI as executive director, saying he “will look after Fintech Department, Risk Monitoring Department and Inspection Department.”
The move is a long-in-coming recognition by the RBI to allocate resources and dedicated focus to the fintech sector. Experts had long complained that India’s institutions did not have an adequately equipped and dedicated team focused on fintech challenges such as the burgeoning crypto-sphere in India.
“It is also a reflection of the central bank’s desire to deepen digital payments through a focus on innovation, and a recognition of the growing importance of various forms of digital money that will require supervisory bandwidth,” Sharan said.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
CBDC Digital Yuan Deployment To Massively Impact Cross-Border Policy Regulators' Decisions | Hacker NoonThe PBOC's app release gives the world excellent insight into China's e-CNY ambitions, particularly with the upcoming Winter Olympics and Chinese New Year.
続きを読む »
Eurozone Inflation Hits New Record, Further Pressuring ECBThe data presents a challenge for the European Central Bank as it strives to persuade households and businesses that inflation will return to its target toward the end of this year without a rise in borrowing costs.
続きを読む »
Journey From A Side-Gig to 100K+ Users and $250M Traded: Shane Stevenson of Cointree | Hacker NoonIn Crypto Fireside 16 Shane Stevenson from Cointree takes us through how he started a Crypto exchange on the side and grew it to 100k users...
続きを読む »
Discovery Shares Jump 16% As Excitement Builds Around WarnerMedia DealDiscovery shares jump 16% as excitement builds around the WarnerMedia deal by skleb1234
続きを読む »
Major payments app WeChat to add support for China's digital yuanChina’s digital yuan gets a major boost. WeChat, the country's largest messaging app and also a popular payment service, will start supporting the Chinese government's CBDC.
続きを読む »
Messaging App Giant WeChat to Support Digital Yuan Payments (Report)China's central bank digital currency comes to the country's largest messaging app WeChat Pay.
続きを読む »