The Digital Token Identifier Foundation (DTIF) announced that its Digital Token Identifier (DTI) will be deployed in the G20's digital asset derivatives trading regulatory reports. DTIF is a division of Etrading Software (ETS) whose scope is constantly expanding, providing greater support for public authorities to identify global digital asset risks and further increasing transparency in the encryption derivatives trading market. So far, derivatives reports have only focused on TradFi financial instruments. As of April 29, 2024, Crypto Assets derivation that fall under the EU's European Market Infrastructure Regulation (EMIR) must use DTI as the basis for UPI and OTC ISINs reported to the transaction repository. This allows EU regulators to expand the monitoring of derivation risk to digital assets

Babbitt, Nov. 10 (UPI) -- OpenAI announced the introduction of a data partnership that will work with organizations to create public and private datasets for training AI models. In addition, OpenAI founder Sam Altman posted that GPTs are now available to all ChatGPT+ subscribers.

Babbitt, Nov. 8 (UPI) -- Y Combinator, a well-known startup incubator, announced a partnership with Microsoft to provide AI startups with Azure credits and priority access to ND A100 Azure VMs configuration services for model training and fine-tuning. Y Combinator said that AI startups can take advantage of this partnership opportunity through an application from YC W24.

Golden Finance reported that Sameer Shukla, an executive at the Indian Ministry of Finance, said that the UPI instant payment system will affect the adoption of the digital rupee. However, the highlights of retail central bank digital currencies are cross-border payments and government benefits. He is not pessimistic about the prospects of CBDC, on the contrary. He just wasn't convinced it could add value to instant payments. For cross-border payments, he is convinced that retail CBDC adoption will be much faster than wholesale CBDC.

According to news on September 11, people familiar with the matter revealed that the Reserve Bank of India (RBI) is working with banks to launch new features to promote the digital rupee. New features include allowing customers to conduct digital rupee transactions while offline and connecting it with India’s popular Unified Payments Interface (UPI). The Reserve Bank of India has been urging banks to enable e-rupee interoperability with UPI through QR codes. This interoperability will allow payments to be made through the already widely used UPI QR codes. The feature, announced in June, has been activated by major banks including State Bank of India, India's largest bank. It is reported that the current daily average number of retail digital rupee transactions is about 18,000, which is far lower than the RBI’s target of reaching 1 million daily transactions by the end of 2023.

PANews reported on September 11 that according to Reuters, people familiar with the matter revealed that the Reserve Bank of India (RBI) is working with banks to launch new features to promote the digital rupee. New features include allowing customers to conduct digital rupee transactions while offline and connecting e-rupees with India’s popular Unified Payments Interface (UPI). UPI is an instant, real-time payments system that allows users to transfer money across multiple banks without having to disclose bank account details. The Reserve Bank of India has been urging banks to enable e-rupee interoperability with UPI through QR codes. This interoperability will allow payments to be made through the already widely used UPI QR codes. The feature, announced in June, has been activated by major banks including State Bank of India, India's largest bank. It is reported that the current daily average number of retail digital rupee transactions is about 18,000, which is far lower than the RBI’s target of reaching 1 million daily transactions by the end of 2023.

Jinse Finance reported that the State Bank of India (SBI) stated that its digital rupee (CBDC) has achieved UPI interoperability. With this move, the bank aims to provide unprecedented ease and convenience to its customers, SBI said in a statement. Accessible through the 'eRupeebySBI' app, this cutting-edge feature will enable SBI CBDC users to easily scan any merchant's UPI QR code for fast and secure transactions.

Golden Finance reported that the National Payments Corporation of India (NPCI), an initiative led by the Reserve Bank of India (RBI) and 247 Indian banking companies, is looking for an experienced blockchain technology expert to lead and research blockchain Opportunities in today's payments landscape. NPCI owns and operates the Unified Payments Interface (UPI), India's home-grown instant payment system that facilitates interbank peer-to-peer and person-to-merchant transactions. A recent job posting on LinkedIn confirms that NPCI is working hard to hire a blockchain executive. As of this writing, NPCI job applications have received more than 200 applicants.

Jinse Finance reported that Yes Bank announced that it has enabled Unified Payments Interface (UPI) interoperability on the Reserve Bank of India (RBI) Central Bank Digital Currency (CBDC) application. Users can simply scan any UPI-enabled QR code through the Yes Bank Digital Rupee App for seamless transactions. The Yes Bank app marks the first integration of UPI with a CBDC. UPI is a national payments portal operated by the National Payments Corporation of India (NPCI), a division of the Reserve Bank of India (RBI). NPCI provides the infrastructure for UPI and the digital rupee. According to local media reports, 150 million merchants in India use UPI.

Odaily Planet Daily News India's fourth largest private bank HDFC Bank said on Friday that it has achieved interoperability between the country's CBDC and the Unified Payments Interface (UPI), the first domestic bank to introduce the feature. The Reserve Bank of India (RBI) has launched a retail digital rupee pilot, which can be held or traded in December. HDFC Bank is one of the banks participating in the project. Under this new feature, HDFC Bank customers with UPI IDs can transfer funds from their CBDC wallets using QR codes at stores. Both customer and store owner must be part of the bank closed user group. (Telegraph India)

Jinse Finance reported that HDFC Bank, India's largest private lender, said on Thursday that it has signed up a pilot program to use CBDC with more than 100,000 customers and 170,000 merchants. HDFC Bank said in a statement that the bank is also connecting the CBDC, known as e-Rupee, with the United Payments Interface (UPI) for merchants and customers, which will allow payments to be made via CBDC and UPI using a single quick response code. The Reserve Bank of India has designed the e-rupee as a digital alternative to physical cash using blockchain distributed ledger technology.

The Indian government and central bank have received two proposals to restore access to the Unified Payments Interface (UPI) for the cryptocurrency industry, CoinDesk reported citing sources. The first proposal was put forward by an Indian exchange, and the second was put forward by public policy consulting firm Black Dot. Black Dot believes that the use of UPI will allow users to conduct transactions within the country and facilitate the tracking of regulators and law enforcement agencies. India's newly formed cryptocurrency policy advocacy group Bharat Web3 Association (BWA) will come up with a third proposal in the coming weeks, another person familiar with the matter said.