The Reserve Bank of India (RBI) is now consulting fintech firms and has asked four public sector banks to trial India's CBDC project before the end of the year.
Vauld's Indian firm failed to complete due diligence on monies sent through the exchange and was in violation of India's Enforcement Directorate.
According to the latest data from Finder, India is the global leader in non-fungible token (NFT) gaming, while the number of play-to-earn (P2E) players in wealthy countries like the United States and France is substantially lower than in much of the rest of the world.
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