India’s Maharashtra state has begun preparing policies to tokenize up to 50% of selected electricity transmission assets to finance new power lines and solar energy storage facilities. Maharashtra considers tokens tied to power revenue Praveen Pardeshi, chief economic adviser to…

💾

India and Russia have begun working on a digital currency settlement mechanism for bilateral trade as their central banks examine how state-issued currencies could be used for cross-border payments. Sberbank Chief Executive Officer Herman Gref said the Bank of Russia…

India’s Demat 2.0 pilot has issued ₹1,025 crore in tokenized corporate bonds, using the RBI’s digital rupee for settlement.

Arya.ag is using an Avalanche-based ledger to record grain deposits, warehouse receipts and loans across its $2 billion crop network.

India’s Financial Intelligence Unit has issued non-compliance notices to 15 crypto service providers and ordered action to take down their apps and URLs in India for operating without meeting the country’s anti-money laundering requirements. The Financial Intelligence Unit-India said Tuesday…