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Tech News
RBI Governor Shaktikanta Das Highlights India’s Progress on CBDCs in Farewell Address: Key Insights
Shaktikanta Das, who assumed office as the 25th Governor of the Reserve Bank of India in December 2018, concluded his…
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RBI to Roll Out eRupee CBDC Widely After Viewing Outcome or Impact: Report
The Reserve Bank of India (RBI) is working with multiple national lenders on advanced trials of the eRupee central bank…
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Tech News
Huawei’s HarmonyOS Next Reportedly Gains Support for China’s Digital Yuan
China’s Huawei recently unveiled its new operating system called HarmonyOS Next to power its hardware devices. Among other upgrades, HarmonyOS…
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Tech News
RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
The Reserve Bank of India (RBI), that is spearheading the creation and testing of the eRupee CBDC, is aiming to…
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Global Bank Messaging Network SWIFT to Trial Live Digital Currency Transactions in 2025
Global bank messaging network SWIFT will trial live transactions of tokenised assets and digital currencies next year, it said on…
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Tech News
Hong Kong’s HKMI to Upgrade e-HKD CBDC With Programmability, Offline Payment Features Similar to eRupee
Hong Kong is actively accelerating efforts to give its fiat currency, the Hong Kong Dollar (HKD), a blockchain revamp. The…
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Tech News
What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF
India is one of several countries actively working to integrate Central Bank Digital Currencies (CBDCs) into their financial systems. Over…
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Central Bank Digital Currency Momentum Shows Growth, Study Shows
A total of 134 countries representing 98 percent of the global economy are now exploring digital versions of their currencies,…
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eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
India’s digital Rupee, or eRupee central bank digital currency (CBDC), is presently in the advanced phases of its trials facilitated…
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Tech News
Google Pay, PhonePe Other Payment Firms Seek to Join RBI’s CBDC Pilot, Said to Offer eRupee Transactions
GooglePay, Walmart-backed PhonePe and AmazonPay are among five payment firms seeking to join the Indian central bank’s digital currency pilot…
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Tech News
Dubai-Based ByBit Adds Support for eRupee CBDC Following Feedback from Indian Merchants
Dubai-based ByBit crypto exchange has announced the integration of the eRupee CBDC with its peer-to-peer (P2P) transaction service. In an…
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Tech News
RBI Sees CBDC as Means to Internationalise Indian Rupee, Improve Cross Border Transactions
The Reserve Bank of India (RBI) released its latest report detailing the development and roadmap ahead for the digital finance…
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