🇮🇳 RBI Deputy Governor's Statement on Anonymity in Retail CBDC What is the News? T. Rabi Sankar, the Deputy Governor of the Reserve Bank of India (RBI), stated that anonymity is "inevitable" in the retail use of the Central Bank Digital Currency (CBDC). * Meaning of Anonymity: His point is that retail CBDC (also known as the Digital Rupee in India) must offer some level of anonymity, similar to how people can remain anonymous while conducting cash transactions. * Legal Support: He stressed that legal support would be required to anonymize CBDC transactions effectively. * Available Tools: He also mentioned that "tools" are available to facilitate this process. This statement indicates that the RBI is considering making the retail Digital Rupee comparable to cash, where the privacy of small transactions is maintained. Publication and Source Information * Source: The news was originally reported by PANews, a prominent blockchain and cryptocurrency media outlet. * Speaker/Venue: RBI Deputy Governor T. Rabi Sankar delivered this statement at a forum or during an interview. (Such discussions often take place at financial conclaves or events.) * When Published: Based on the information you provided, this news was published recently (likely around the time of the PANews report).
China Standardizes Blockchain Use in Logistics: Focus on Supply Chain Transparency.
According to Foresight News, China's Ministry of Industry and Information Technology (MIIT) has announced the completion of drafting 11 recommended national standards related to the electronics industry. Crucially, these draft standards include guidelines for the application of blockchain and Distributed Ledger Technology (DLT) in logistics tracking services. The Ministry is now actively seeking public feedback on these standards to gather opinions and suggestions from various sectors of society before finalizing them. Key Takeaways: * Standardization: The standard aims to ensure that the use of blockchain in logistics and supply chain management is standardized and interoperable, enhancing data accuracy, transparency, and security. * Government Focus: This initiative underscores the Chinese government's view of blockchain as a core infrastructure technology for improving national logistics efficiency, not just a financial tool. * Public Consultation: The MIIT is now soliciting public feedback, giving industries, academics, and the public a chance to comment on the drafts before the final standards are issued. * Logistics Use Case: Using blockchain for logistics tracking creates an immutable record of a product's journey from origin to destination, reducing fraud and building trust in the supply chain.
$1.5 Trillion Space Giant: SpaceX Eyes Historic Valuation in Planned 2026 Public Offering.
🚀 SpaceX IPO Confirmed for 2026: The Details This is major news with significant implications for the financial markets and the space industry. Elon Musk personally confirmed on X (formerly Twitter) that reports of SpaceX potentially launching an Initial Public Offering (IPO) in 2026 are "accurate." He responded to a reporter's analysis, stating: "As usual, [reporter] is accurate." Key Details & Financial Impact * Confirmation: Elon Musk confirmed that the reports regarding a 2026 IPO are "accurate." * Timeline: The IPO is reportedly targeted for mid-to-late 2026, although some sources suggest it could slip into 2027 depending on market conditions. * Target Valuation: Multiple media outlets project the company's valuation could reach a staggering $1.5 trillion (15 Trillion dollars). * Note: This potential valuation would make it one of the largest public offerings in history, potentially rivaling or surpassing Saudi Aramco's record IPO, depending on the final amount raised. * Fundraising Goal: SpaceX is reportedly aiming to raise significantly more than $30 billion (approx. ₹2.5 lakh crore). * Primary Catalysts (Growth Drivers): The IPO plans are primarily driven by the strength of two key SpaceX divisions: * Starlink Growth: SpaceX's satellite internet service is expanding rapidly. The company anticipates a substantial increase in revenue from Starlink, with the majority of sales coming from this division in 2025 and 2026. The direct-to-mobile service is seen as a massive market expansion. * Starship Progress: Continued development and successful test flights of the Starship megarocket—central to future Moon and Mars missions—are critical to the high valuation. * Use of Funds: Some of the funds raised are expected to be used for the development of space-based data centers, including purchasing the necessary AI accelerator chips to run them.