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India to Roll Out Sovereign RBI-Backed Digital Currency, Minister Flags Unbacked Crypto

India to Roll Out Sovereign RBI-Backed Digital Currency, Minister Flags Unbacked Crypto

Indian Union Minister Piyush Goyal announced that the nation will introduce a digital currency backed by a Reserve Bank of India (RBI) guarantee. The central bank-backed crypto is aimed at faster and ...

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1 min
India May Favor an RBI‑Backed Digital Rupee, Potentially Prioritizing State‑Guaranteed CBDC Over Unbacked Cryptos

India May Favor an RBI‑Backed Digital Rupee, Potentially Prioritizing State‑Guaranteed CBDC Over Unbacked Cryptos

India’s RBI-guaranteed digital currency is a state-backed digital rupee designed to offer faster, traceable payments and sovereign backing to discourage unbacked private cryptocurrencies; the policy s...

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1 min
VanEck Forecasts Bitcoin Could Capture Half of Gold’s $26 Trillion Market Cap; Analysts Say It May Take Years

VanEck Forecasts Bitcoin Could Capture Half of Gold’s $26 Trillion Market Cap; Analysts Say It May Take Years

VanEck projects Bitcoin could capture half of gold’s $26 trillion market capitalization, implying roughly $644,000 per Bitcoin if achieved; analysts say this outcome is plausible over multiple years g...

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1 min