India’s UPI platform to be used in Nepal
Nepal's last-mile consumers can do real-time person-2-person, person-2-merchant and interbank transactions. It allows Nepal to go cashless with cross-border transactions between India and Nepal.
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“Cryptocurrency should be treated as a foreign asset,” says former RBI Deputy Governor, R Gandhi
While addressing the first edition of the Crypto Asset Conference HODL 2021 hosted by the Internet and Mobile Association of India (IAMAI) and the Blockchain and Crypto Assets Council (BACC), Gandhi said that “Cryptocurrencies should be paid for through normal payment channels."
June an all time high for UPI transactions
The growth was not only significant as for increasing traction for digital payments in India but also for the revival in business activity following the ease in pandemic induced lockdowns in May.