Neowin News Feed for: Rbi

India reportedly mulling creation of its own cryptocurrency, named Lakshmi

Vishal Laul — Sun, 17 Sep 2017 12:40:01 +0000

As per a report, the Indian government is working on creating its own cryptocurrency, backed by its reserve bank. It will reportedly be named after Lakshmi, the Hindu goddess representing wealth. Read more...

India's reserve bank is looking into cryptocurrencies, uneasy about bitcoin

Vishal Laul — Thu, 14 Sep 2017 21:46:01 +0000

The Reserve Bank of India is exploring the possibilities of issuing its own cryptocurrency, adding that it's rather uncomfortable with "non-fiat cryptocurrencies" such as bitcoin. Read more...

Google to reportedly launch a new payments app in India called 'Tez'

Richard Tyr Blewitt — Thu, 14 Sep 2017 16:04:01 +0000

Google will reportedly be unveiling its new digital payments system, dubbed Google Tez, on the 18th of September. The system could allow users to transfer money between bank accounts on their mobiles. Read more...