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Ramadan Kareem 🌙Vi auguro salute e prosperità in questa santa occasione 🌙❤️ #RamdanWithBinance >#RamadanCalendar

Ramadan Kareem 🌙

Vi auguro salute e prosperità in questa santa occasione 🌙❤️

#RamdanWithBinance >#RamadanCalendar
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Truffa P2P: soluzione per sbloccare il conto bancarioCiao, se qualcuno ha bisogno di aiuto, ti aiuterò a sbloccare il tuo conto bancario e a rimuovere il reclamo informatico dal tuo conto bancario 🏦. Condivido già alcune informazioni importanti su questo argomento, puoi controllare i miei altri articoli.Commenta i tuoi problemi, ti risponderò sicuramente cosa fare, è totalmente gratuito, quindi non essere timido, chiedimi semplicemente cosa vuoi sapere. Ho risolto il mio caso e alcuni dei miei amici ti aiutano 💯 %.Grazie 😊 #help #P2PScam #Write2Earn >#TrendingTopic #TrendingTopic

Truffa P2P: soluzione per sbloccare il conto bancario

Ciao, se qualcuno ha bisogno di aiuto, ti aiuterò a sbloccare il tuo conto bancario e a rimuovere il reclamo informatico dal tuo conto bancario 🏦. Condivido già alcune informazioni importanti su questo argomento, puoi controllare i miei altri articoli.Commenta i tuoi problemi, ti risponderò sicuramente cosa fare, è totalmente gratuito, quindi non essere timido, chiedimi semplicemente cosa vuoi sapere. Ho risolto il mio caso e alcuni dei miei amici ti aiutano 💯 %.Grazie 😊 #help #P2PScam #Write2Earn >#TrendingTopic #TrendingTopic
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Andrew Tate ha recentemente svelato i piani per avviare la propria criptovaluta, promettendo un sostanziale sostegno di 100 milioni di dollari e impegnandosi a detenerla perpetua senza liquidazione. L'ex campione di kickboxing è pronto a sconvolgere la sfera delle criptovalute con questa mossa audace, infondendo alla sua valuta digitale un sostegno finanziario che la distingue. La risoluta decisione di Tate di non vendere aggiunge un livello intrigante, infondendo fiducia nella fattibilità a lungo termine del progetto. Questa impresa senza precedenti potrebbe potenzialmente rimodellare il panorama delle criptovalute, attirando sia appassionati che investitori. Resta sintonizzato per ulteriori sviluppi in questo affascinante viaggio nel mondo della creazione crittografica di Andrew Tate! #AndrewTate #cryptoinnovation #andrewtate #Write2Earn
Andrew Tate ha recentemente svelato i piani per avviare la propria criptovaluta, promettendo un sostanziale sostegno di 100 milioni di dollari e impegnandosi a detenerla perpetua senza liquidazione.

L'ex campione di kickboxing è pronto a sconvolgere la sfera delle criptovalute con questa mossa audace, infondendo alla sua valuta digitale un sostegno finanziario che la distingue.

La risoluta decisione di Tate di non vendere aggiunge un livello intrigante, infondendo fiducia nella fattibilità a lungo termine del progetto. Questa impresa senza precedenti potrebbe potenzialmente rimodellare il panorama delle criptovalute, attirando sia appassionati che investitori. Resta sintonizzato per ulteriori sviluppi in questo affascinante viaggio nel mondo della creazione crittografica di Andrew Tate!
#AndrewTate #cryptoinnovation #andrewtate #Write2Earn
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Bilancio 2024: l'industria delle criptovalute si batte per riduzioni fiscali e inasprimento normativo degli scambi offshoreLe lettere inviate al ministero delle finanze il mese scorso dalla Bharat Web3 Association e CoinDCX hanno evidenziato le preoccupazioni per l'imposta VDA del 30% che grava sulle piccole imprese Web3 e crittografiche e la necessità di condizioni di parità portando gli scambi offshore ai regolamenti TDS.Ciò avviene in un momento in cui il settore delle criptovalute indiano ha già iniziato a vedere alcuni segnali positivi dal punto di vista normativo, con il ministero delle Finanze che ha inviato avvisi di causa alle borse offshore, che non sono registrate presso la Financial Intelligence Unit-India (FIU-IND), e bloccando i loro URL.

Bilancio 2024: l'industria delle criptovalute si batte per riduzioni fiscali e inasprimento normativo degli scambi offshore

Le lettere inviate al ministero delle finanze il mese scorso dalla Bharat Web3 Association e CoinDCX hanno evidenziato le preoccupazioni per l'imposta VDA del 30% che grava sulle piccole imprese Web3 e crittografiche e la necessità di condizioni di parità portando gli scambi offshore ai regolamenti TDS.Ciò avviene in un momento in cui il settore delle criptovalute indiano ha già iniziato a vedere alcuni segnali positivi dal punto di vista normativo, con il ministero delle Finanze che ha inviato avvisi di causa alle borse offshore, che non sono registrate presso la Financial Intelligence Unit-India (FIU-IND), e bloccando i loro URL.
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⚡️☝️☝️☝️Binance elencherà #jupitercoin (JUP) utilizzando il tag seed 💥 🔶 Binance aggiungerà Giove (JUP) e aprirà il trading per le seguenti coppie di trading dal 31/01/2024. JUP/USDT, JUP/FDUSD e JUP/TRY 🔸Gli utenti possono già ricaricare il proprio saldo JUP in preparazione al trading; 🔹Prezzo di listino JUP: 0 BNB. 📄 Sarà disponibile il ritiro#JUP indicativamente dal 02/01/2024. 🔺Assicurati di valutare i rischi prima di scambiare nuovi token poiché i loro prezzi sono spesso soggetti a elevata volatilità🔻 #BinanceSqaure #jub #TrendingTopic #newcoin
⚡️☝️☝️☝️Binance elencherà #jupitercoin (JUP) utilizzando il tag seed 💥

🔶 Binance aggiungerà Giove (JUP) e aprirà il trading per le seguenti coppie di trading dal 31/01/2024.

JUP/USDT, JUP/FDUSD e JUP/TRY

🔸Gli utenti possono già ricaricare il proprio saldo JUP in preparazione al trading;
🔹Prezzo di listino JUP: 0 BNB.

📄 Sarà disponibile il ritiro#JUP
indicativamente dal 02/01/2024.

🔺Assicurati di valutare i rischi prima di scambiare nuovi token poiché i loro prezzi sono spesso soggetti a elevata volatilità🔻

#BinanceSqaure #jub #TrendingTopic #newcoin
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CriptoMaXia 😺#SHIB 💥 Il capo dello SHIB Shytoshi Kusama cambia posizione su Twitter, esercito SHIB perplesso #cryptonews $ SHIB 0,01 istantaneamente una volta alla volta. Devo dire che compra uno Shiba Inu da $ 1000 e tienilo Questo è tutto 🚀🤝Un account Twitter/X incentrato su Shiba Inu il cui proprietario appartiene all'esercito SHIB giapponese, @kuro_9696_9696, ha condiviso uno screenshot dell'account X dello sviluppatore principale di Shiba Inu Shytoshi Kusama, sottolineando un cambiamento nel contrassegno di posizione di Kusama.Shytoshi Kusama a Singapore? Secondo esso, il leader pseudonimo del team di sviluppatori SHIB si trova attualmente a Singapore. La comunità SHIB ha risposto con commenti contrastanti a quel tweet. Alcuni hanno twittato che il leader degli sviluppatori SHIB si sta prendendo un po' di tempo per sé. Diversi fan dello SHIB hanno criticato Kusama e il team di sviluppo dello SHIB per la mancanza di attività, che, presumibilmente, lascia la comunità Shiba Inu da sola.

CriptoMaXia 😺

#SHIB 💥 Il capo dello SHIB Shytoshi Kusama cambia posizione su Twitter, esercito SHIB perplesso #cryptonews $ SHIB 0,01 istantaneamente una volta alla volta. Devo dire che compra uno Shiba Inu da $ 1000 e tienilo Questo è tutto 🚀🤝Un account Twitter/X incentrato su Shiba Inu il cui proprietario appartiene all'esercito SHIB giapponese, @kuro_9696_9696, ha condiviso uno screenshot dell'account X dello sviluppatore principale di Shiba Inu Shytoshi Kusama, sottolineando un cambiamento nel contrassegno di posizione di Kusama.Shytoshi Kusama a Singapore? Secondo esso, il leader pseudonimo del team di sviluppatori SHIB si trova attualmente a Singapore. La comunità SHIB ha risposto con commenti contrastanti a quel tweet. Alcuni hanno twittato che il leader degli sviluppatori SHIB si sta prendendo un po' di tempo per sé. Diversi fan dello SHIB hanno criticato Kusama e il team di sviluppo dello SHIB per la mancanza di attività, che, presumibilmente, lascia la comunità Shiba Inu da sola.
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p2p Scam Alert 🚨‼️& Solution (Bank Account Unfreeze - Solution) 💯 Information Part :- 1I know many people are facing this problem regarding account freeze by the cyber crime department complaint and debit blocked by the bank.So, I'll share some tips and useful information with what exactly to do if you are in the same problem.Guys, first you need to visit your bank and ask them about why your bank account freeze or debit blocked.If the bank said you got a cyber complaint thats why your account was debit blocked or freeze.Tell them please provide me the complete information from which cyber department ordered you to freeze or debit blocked my account and if you can't visit the bank any reason you also asked for the information by email but make sure your email register with your bank account.The bank provides you information and in that information you got cyber department Email Address and Phone Number.This Process take time at-least 1 week or 10 days minimum.Now, you have to contact cyber crime department and by email or phone call or WhatsApp and ask the same question "Why my bank account on freeze" Don't be shy or scared just asked them your are not do anything wrong.The cyber crime officer tell you, You received a payment on(on Date - Which was a fraudulent transaction).Match that transaction with your p2p Trade and provide them receipt and other proof why these transactions you received and what exactly you do explain in detail.If you receive clear funds not done any 3rd party payment just provide all screenshots and conversation between you and buy all the legal information and screenshots or buy ID send to the department.This process take maybe 10-20 days to solve your case.Don't waste your time and money on the online service provider who said they help they also tollow the same step and process.If Cyber department was satisfied with your proof and evidence they released your bank account and your bank account was unfreeze.There is One more thing happened with you if you are 100% innocent or all documents are correct but cyber department not unfreeze your account. Then what happened with you and what to do if you are in this Problem.I'll Explain in Part 2 🔜 Like, share and comment for this information so i know you also need part 2.#P2PScam #cybersecurity #P2PTradingTips #p2p

p2p Scam Alert 🚨‼️& Solution (Bank Account Unfreeze - Solution) 💯

Information Part :- 1I know many people are facing this problem regarding account freeze by the cyber crime department complaint and debit blocked by the bank.So, I'll share some tips and useful information with what exactly to do if you are in the same problem.Guys, first you need to visit your bank and ask them about why your bank account freeze or debit blocked.If the bank said you got a cyber complaint thats why your account was debit blocked or freeze.Tell them please provide me the complete information from which cyber department ordered you to freeze or debit blocked my account and if you can't visit the bank any reason you also asked for the information by email but make sure your email register with your bank account.The bank provides you information and in that information you got cyber department Email Address and Phone Number.This Process take time at-least 1 week or 10 days minimum.Now, you have to contact cyber crime department and by email or phone call or WhatsApp and ask the same question "Why my bank account on freeze" Don't be shy or scared just asked them your are not do anything wrong.The cyber crime officer tell you, You received a payment on(on Date - Which was a fraudulent transaction).Match that transaction with your p2p Trade and provide them receipt and other proof why these transactions you received and what exactly you do explain in detail.If you receive clear funds not done any 3rd party payment just provide all screenshots and conversation between you and buy all the legal information and screenshots or buy ID send to the department.This process take maybe 10-20 days to solve your case.Don't waste your time and money on the online service provider who said they help they also tollow the same step and process.If Cyber department was satisfied with your proof and evidence they released your bank account and your bank account was unfreeze.There is One more thing happened with you if you are 100% innocent or all documents are correct but cyber department not unfreeze your account. Then what happened with you and what to do if you are in this Problem.I'll Explain in Part 2 🔜 Like, share and comment for this information so i know you also need part 2.#P2PScam #cybersecurity #P2PTradingTips #p2p
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Truffa p2p 🔔 Avviso 🚨 ‼️ e soluzione (sblocco del conto bancario - soluzione) 💯Parte 1:-So che molte persone si trovano ad affrontare questo problema relativo al congelamento del conto da parte del reclamo del dipartimento di criminalità informatica e all'addebito bloccato dalla banca.Quindi, condividerò alcuni suggerimenti e informazioni utili su cosa fare esattamente se ti trovi nello stesso problema.Ragazzi, per prima cosa dovete visitare la vostra banca e chiedere loro perché il vostro conto bancario è stato bloccato o l'addebito è stato bloccato.Se la banca ha affermato che hai ricevuto un reclamo informatico, è per questo che il tuo account è stato bloccato o congelato.Di' loro, per favore, di fornirmi le informazioni complete da cui il dipartimento informatico ti ha ordinato di congelare o addebitare bloccato il mio conto e se non puoi visitare la banca per qualsiasi motivo hai anche chiesto le informazioni via e-mail, ma assicurati che la tua e-mail sia registrata con il tuo conto bancario .

Truffa p2p 🔔 Avviso 🚨 ‼️ e soluzione (sblocco del conto bancario - soluzione) 💯

Parte 1:-So che molte persone si trovano ad affrontare questo problema relativo al congelamento del conto da parte del reclamo del dipartimento di criminalità informatica e all'addebito bloccato dalla banca.Quindi, condividerò alcuni suggerimenti e informazioni utili su cosa fare esattamente se ti trovi nello stesso problema.Ragazzi, per prima cosa dovete visitare la vostra banca e chiedere loro perché il vostro conto bancario è stato bloccato o l'addebito è stato bloccato.Se la banca ha affermato che hai ricevuto un reclamo informatico, è per questo che il tuo account è stato bloccato o congelato.Di' loro, per favore, di fornirmi le informazioni complete da cui il dipartimento informatico ti ha ordinato di congelare o addebitare bloccato il mio conto e se non puoi visitare la banca per qualsiasi motivo hai anche chiesto le informazioni via e-mail, ma assicurati che la tua e-mail sia registrata con il tuo conto bancario .
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p2p Scam Alert 🚨‼️- Solution 💯Hey Guys :- I want to share something with you i will provide you solution how to solve this issue. I know many people have faced this problem regarding Bank Account Freeze in p2p trading. There is lots of people who gives you different-different solutions and that’s not enough to unfreeze your bank account.I will give you complete information regarding unfreeze your bank accounts and thats 100% working for you.DM me I solve my case so i will share with you what exactly happened.#solutions #P2PScam #IndianRegulation #P2PPayment #p2ptransactions

p2p Scam Alert 🚨‼️- Solution 💯

Hey Guys :- I want to share something with you i will provide you solution how to solve this issue. I know many people have faced this problem regarding Bank Account Freeze in p2p trading. There is lots of people who gives you different-different solutions and that’s not enough to unfreeze your bank account.I will give you complete information regarding unfreeze your bank accounts and thats 100% working for you.DM me I solve my case so i will share with you what exactly happened.#solutions #P2PScam #IndianRegulation #P2PPayment #p2ptransactions
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P2P Scam, Guys I do p2p trade and I received my assets amount in my bank and that amount was a fraudulent transaction and my bank account marked Debit Freeze by cyber Crime Department order. Please help, How to unfreeze my account I don't have any idea. #P2PScam #scam #assets
P2P Scam,

Guys I do p2p trade and I received my assets amount in my bank and that amount was a fraudulent transaction and my bank account marked Debit Freeze by cyber Crime
Department order.

Please help, How to unfreeze my account I don't have any idea.

#P2PScam #scam #assets
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P2P Scam Alert 🚨‼️🚨I want share something with you, I do P2P trade and I sell my assets and take funds in my Bank Account. Everything okay I checked the buyer and he is verified profile on #binance p2p and also I received funds from same name his Binance Account and Bank Account Matched and I released My assets after two day I received a complaint from Cyber Crime Authorities and my account goes under debit freeze i trade around 500$ but in my bank account i have more funds almost 10k$+ now all are in dr block and still can’t find any solution. I provide all documents and proof to the Department and Bank they can’t listen. I just want to tell you sell your assets offline and a know person and used Binance officially send cash option. i faced lots of problems I lost my bank account and money anyway bank was recovered but its take to much time. According to Cyber Crime Department :-Buyer send me funds which was a fraudulent transaction and Thats why my account has been marked debit freeze.And there is no way you understand this the amount you received was fraudulent or not you just check buyer name and released assets even I asked him for any Government Id and he send me but still can’t worth. #P2PScam #scam #assets

P2P Scam Alert 🚨‼️🚨

I want share something with you, I do P2P trade and I sell my assets and take funds in my Bank Account. Everything okay I checked the buyer and he is verified profile on #binance p2p and also I received funds from same name his Binance Account and Bank Account Matched and I released My assets after two day I received a complaint from Cyber Crime Authorities and my account goes under debit freeze i trade around 500$ but in my bank account i have more funds almost 10k$+ now all are in dr block and still can’t find any solution. I provide all documents and proof to the Department and Bank they can’t listen. I just want to tell you sell your assets offline and a know person and used Binance officially send cash option. i faced lots of problems I lost my bank account and money anyway bank was recovered but its take to much time. According to Cyber Crime Department :-Buyer send me funds which was a fraudulent transaction and Thats why my account has been marked debit freeze.And there is no way you understand this the amount you received was fraudulent or not you just check buyer name and released assets even I asked him for any Government Id and he send me but still can’t worth. #P2PScam #scam #assets
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See the Difference Between India and UAE crypto tax law. 🇮🇳 In India, cryptocurrencies are classified as virtual digital assets and are subject to taxation. The gains made from trading cryptocurrencies are taxed at a rate of 30%(plus 4% cess) according to Section 115BBH. 🇦🇪 The country offering zero income tax gives you the benefit of zero percent taxes on capital gain. Dubai views Crypto as an investment asset rather than a currency and charges zero capital gains tax on UAE residents. #uae #india #cryptocurrecny #law
See the Difference Between India and UAE crypto tax law.

🇮🇳
In India, cryptocurrencies are classified as virtual digital assets and are subject to taxation. The gains made from trading cryptocurrencies are taxed at a rate of 30%(plus 4% cess) according to Section 115BBH.

🇦🇪
The country offering zero income tax gives you the benefit of zero percent taxes on capital gain. Dubai views Crypto as an investment asset rather than a currency and charges zero capital gains tax on UAE residents.

#uae #india #cryptocurrecny #law
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Today #bitcoin #etf will be_______? 1️⃣ Approved 2️⃣ Rejected 3️⃣ Delayed
Today #bitcoin #etf will be_______?

1️⃣ Approved
2️⃣ Rejected
3️⃣ Delayed
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The SEC Approved #BitcoETF💰💰💰
The SEC Approved #BitcoETF💰💰💰
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Bitcoin price surges at start of 2024 amid rumours of industry-changing eventBitcoin exchange-traded fund would open the crypto market to billions of dollars of institutional investmentBitcoin is trading at its highest price level in nearly two years after a strong start to 2024.The cryptocurrency reached above $45,000 (£35,000) on Tuesday for the first time since April 2022, largely buoyed by anticipation surrounding the potential approval of exchange-traded spot bitcoin funds.The US Securities and Exchange Commission is currently considering several bitcoin ETFs, which would open the crypto market to major institutional investors and serve as a validation for bitcoin as a mainstream asset.Despite years of speculation, the regulator is yet to approve a single bitcoin ETF. There are currently 13 under consideration, with some crypto analysts believing that a more matured market could finally see at least one of them approved.The decisions were expected to be made in December, however delays have further fueled hope for a positive outcome.Some analysts have warned that the bitcoin ETF may be a case of “buy the rumour, sell the news”, meaning any announcment from the SEC could be followed by a sharp price decline for bitcoin.Matteo Greco, an analyst at the digital asset investment firm Fineqia International, said a bitcoin ETF approval could see “a retracement of lower price levels before we go up again”.Mr Greco also predicted that a rejection could also trigger a “short-term negative price action”.The strong start to 2024 follows bitcoin’s best year since 2020, with gains of 158 per cent taking the cryptocurrency’s market cap close to $900 billion, and the overall crypto market above $1.75 trillion.Bitcoin remains a long way off its all-time high of $68,000, which was hit after a record-breaking rally culminating in November 2021.Industry commentators also noted that bitcoin’s resurgence has been more steady this time, hinting at a stronger foundation built from a catastrophic 2022 that saw high-profile crypto projects and exchanges collapse.“Ongoing institutional demand, with JP Morgan and Jane Street marked as participants in BlackRock’s recent ETF amendment, has only further intensified interest in bitcoin,” Alex Adelman, CEO of crypto app Lolli, told The Independent.“Bitcoin’s ability to hold its position above the $40,000 mark suggests sustained confidence among investors and a foundation for further upward momentum.”Some investors believe a new record high could occur in 2024 following an event known as a “halving”, which will see the amount of new bitcoins received by miners cut in half.Scheduled for April 2024, the three previous halving events in bitcoin’s history have all been profitable events for investors.

Bitcoin price surges at start of 2024 amid rumours of industry-changing event

Bitcoin exchange-traded fund would open the crypto market to billions of dollars of institutional investmentBitcoin is trading at its highest price level in nearly two years after a strong start to 2024.The cryptocurrency reached above $45,000 (£35,000) on Tuesday for the first time since April 2022, largely buoyed by anticipation surrounding the potential approval of exchange-traded spot bitcoin funds.The US Securities and Exchange Commission is currently considering several bitcoin ETFs, which would open the crypto market to major institutional investors and serve as a validation for bitcoin as a mainstream asset.Despite years of speculation, the regulator is yet to approve a single bitcoin ETF. There are currently 13 under consideration, with some crypto analysts believing that a more matured market could finally see at least one of them approved.The decisions were expected to be made in December, however delays have further fueled hope for a positive outcome.Some analysts have warned that the bitcoin ETF may be a case of “buy the rumour, sell the news”, meaning any announcment from the SEC could be followed by a sharp price decline for bitcoin.Matteo Greco, an analyst at the digital asset investment firm Fineqia International, said a bitcoin ETF approval could see “a retracement of lower price levels before we go up again”.Mr Greco also predicted that a rejection could also trigger a “short-term negative price action”.The strong start to 2024 follows bitcoin’s best year since 2020, with gains of 158 per cent taking the cryptocurrency’s market cap close to $900 billion, and the overall crypto market above $1.75 trillion.Bitcoin remains a long way off its all-time high of $68,000, which was hit after a record-breaking rally culminating in November 2021.Industry commentators also noted that bitcoin’s resurgence has been more steady this time, hinting at a stronger foundation built from a catastrophic 2022 that saw high-profile crypto projects and exchanges collapse.“Ongoing institutional demand, with JP Morgan and Jane Street marked as participants in BlackRock’s recent ETF amendment, has only further intensified interest in bitcoin,” Alex Adelman, CEO of crypto app Lolli, told The Independent.“Bitcoin’s ability to hold its position above the $40,000 mark suggests sustained confidence among investors and a foundation for further upward momentum.”Some investors believe a new record high could occur in 2024 following an event known as a “halving”, which will see the amount of new bitcoins received by miners cut in half.Scheduled for April 2024, the three previous halving events in bitcoin’s history have all been profitable events for investors.
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India's digital currency transactions top 1 mln/day in Dec -sourcesMUMBAI, Jan 4 (Reuters) - Indian banks disbursed some employee benefits through the digital rupee in December, helping the Reserve Bank of India meet its target of one million daily transactions by end-2023, three sources directly familiar with the development said.The central bank digital currency (CBDC), called the e-rupee, has been devised as a digital alternative to physical cash and has been built using distributed-ledger technology.The RBI started its e-rupee pilot in December 2022 but transactions averaged only 25,000 a day by the end of October, even though its use case was significantly broadened by linking it to the popular United Payments Interface (UPI), a framework that facilitates peer-to-peer money transfer via mobile apps.However, last month some large private and state-run lenders disbursed amounts related to employee benefit schemes directly to employees' CBDC wallets, instead of their salary accounts, the first source familiar with the pilot said.These lenders included HDFC Bank (HDBK.NS), Kotak Mahindra Bank (KTKM.NS), Axis Bank (AXBK.NS), Canara Bank (CNBK.NS), and IDFC First Bank (IDFB.NS) the second source said.The RBI expects non-financial firms to follow suit as well, helping boost transactions further, the source added.Even the user base has been steadily growing ... "to about 4 million users currently, up from 3 million in December," a third executive familiar with the pilot said.The sources declined to be identified as they are not authorised to speak to the media. The RBI did not immediately respond to an email seeking comment.Globally, countries including China, France and Ghana are in the pilot stages of their CBDC projects. Others like Nigeria have rolled out their digital currency, but with limited success despite offering rewards like discounts on auto-rickshaw rides.Indian banks too are offering incentives for e-rupee transactions, following a nudge from the RBI to boost volumes, Reuters had reported earlier."Compensating employees using the CBDC is a good step," Sharat Chandra, co-founder of India Blockchain Forum said. Other avenues such as toll tax collections can also be included to further encourage adoption, he added.(This story has been corrected to replace ICICI Bank and IDBI Bank with Axis Bank, IDFC First Bank and Canara Bank in paragraph 5)

India's digital currency transactions top 1 mln/day in Dec -sources

MUMBAI, Jan 4 (Reuters) - Indian banks disbursed some employee benefits through the digital rupee in December, helping the Reserve Bank of India meet its target of one million daily transactions by end-2023, three sources directly familiar with the development said.The central bank digital currency (CBDC), called the e-rupee, has been devised as a digital alternative to physical cash and has been built using distributed-ledger technology.The RBI started its e-rupee pilot in December 2022 but transactions averaged only 25,000 a day by the end of October, even though its use case was significantly broadened by linking it to the popular United Payments Interface (UPI), a framework that facilitates peer-to-peer money transfer via mobile apps.However, last month some large private and state-run lenders disbursed amounts related to employee benefit schemes directly to employees' CBDC wallets, instead of their salary accounts, the first source familiar with the pilot said.These lenders included HDFC Bank (HDBK.NS), Kotak Mahindra Bank (KTKM.NS), Axis Bank (AXBK.NS), Canara Bank (CNBK.NS), and IDFC First Bank (IDFB.NS) the second source said.The RBI expects non-financial firms to follow suit as well, helping boost transactions further, the source added.Even the user base has been steadily growing ... "to about 4 million users currently, up from 3 million in December," a third executive familiar with the pilot said.The sources declined to be identified as they are not authorised to speak to the media. The RBI did not immediately respond to an email seeking comment.Globally, countries including China, France and Ghana are in the pilot stages of their CBDC projects. Others like Nigeria have rolled out their digital currency, but with limited success despite offering rewards like discounts on auto-rickshaw rides.Indian banks too are offering incentives for e-rupee transactions, following a nudge from the RBI to boost volumes, Reuters had reported earlier."Compensating employees using the CBDC is a good step," Sharat Chandra, co-founder of India Blockchain Forum said. Other avenues such as toll tax collections can also be included to further encourage adoption, he added.(This story has been corrected to replace ICICI Bank and IDBI Bank with Axis Bank, IDFC First Bank and Canara Bank in paragraph 5)
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