RBI to launch the first pilot of retail digital rupee | Curated CoinCodeCap #29 November 2022

By akohad Nov30,2022

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On Tuesday, the Reserve Bank of India (RBI) announced the beginning of the retail digital rupee (e-R) pilot programme. The date for commencing of the pilot is decided to be December 1. According to a press release from RBI, the pilot would focus on a few locations within a closed user group (CUG), which would include partaking patrons and business owners. Keep Reading »

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The US Treasury Department announced Monday that cryptocurrency exchange Kraken has consented to pay more than $362,000 to resolve accusations that it breached US sanctions against Iran. Kraken outsourced services to users who seemed to to be in Iran when they were involved in virtual currency transactions on Kraken’s platform due to Kraken’s failings to promptly and accurately develop proper geolocation techniques, including an automated internet protocol (IP) address blocking framework. Keep Reading »

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