US President Donald Trump has ordered a halt to the minting of pennies, the coins denoting a cent of the dollar, over high ...
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RBI Bans Old ₹5 Coins: Here's Why This Major Decision Was TakenThe Reserve Bank of India (RBI) has made a significant decision to discontinue certain old ₹5 coins. This step has raised curiosity about the reasons behind the move. Let’s break down the ...
Amid an oversupply of coins, storage costs are getting unfeasible as the RBI is running out of space to keep them. As a result, the RBI is looking to outsource the distribution of coins to a ...
The circulation of coins in multiple sizes creates considerable confusion. Implementing a standardised approach to currency ...
Nirmala Sitharaman clarifies that India's rising gold reserves aim for portfolio diversification, not to replace the US ...
There is always two sides of a coin. Bitcoin is no different ... off 50% of its staff citing low volume transactions and the RBI, in its quest to support innovation, came up with a draft framework ...
RBI Issues Warning Against Usage Of Bitcoins; Terms It As Breach Of Anti-Money Laundering Provisions
Reportedly, the Reserve Bank of India (RBI) has issued a statement against the usage of virtual currencies/encrypted money like bitcoin. The further usage of any such currency will be considered ...
RBI partners with fintech firm Cred to launch retail e-Rupee wallet, marking a major expansion of India's CBDC program.
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