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Tech News
BWA Anticipates Tax Revisions Before Union Budget, Commends Indian Firms Embracing Web3
The Bharat Web3 Association (BWA) met with industry stakeholders in New Delhi on July 11, ahead of the upcoming budget…
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eRupee Sees Drop in Activity as Banks Pull Back on Promotion Efforts: Report
India’s eRupee CBDC, that is presently in its advanced trial period, is reportedly facing decline in terms of its usage.…
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Tech News
Iran to Launch its Digital Rial CBDC into Public Pilot Phase
Central Bank Digital Currencies, or CBDCs, are picking up the pace in several nations around the world, and Iran is…
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Tech News
RBI Data Shows CBDC Wholesale Circulation Dropped, Retail Usage Sees Massive Jump: Report
The Reserve Bank of Indi’s (RBI) eRupee or central bank digital currency (CBDC) is currently in an advanced trial phase…
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RBI Governor Says Permanent Deletion of Transactions Would Make CBDCs Like Cash Notes
India’s trials of its eRupee digital currency are already in its advanced phases, paving way for its widespread adoption and…
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RBI Proposes Support for CBDC Distribution via Non-Bank Payment Operators
Several countries, including India, are expanding central bank digital currency (CBDC) trials, hoping to integrate then with their existing financial…
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SWIFT Plans to Launch New Central Bank Digital Currency Platform Within Next Two Years
Global bank messaging network SWIFT is planning a new platform in the next one to two years to connect the…
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CBDC Not Widely Recognised in Japan Despite Ongoing Trials, R&D Efforts: Details
The CBDC concept in Japan, has not quite spread out to the residents there, new findings have shown. Less than…
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eRupee Recorded Rs. 5.7 Crore in Transactions in First Four Months of Retail Trials, Says RBI: Report
eRupee, the Indian central bank digital currency (CBDC), was reportedly used to process transactions worth Rs. 5.70 crore in the…
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Tech News
India’s eRupee CBDC to Get Offline Payments Feature, Programmability Tweaks: RBI Governor
The Reserve Bank of India (RBI) is looking to adopt offline strategies to ensure that the eRupee CBDC enters the…
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Tech News
NFT-Supporter Trump Vouches to Squash CBDC Creation in US if Re-Elected President
The US, in recent years, has emerged as one of the most crypto-friendly nations in the world with more investors…
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Tech News
E-Rupee CBDC Said to Hit RBI Target of 1 Million Daily Transactions by End of 2023
Indian banks disbursed some employee benefits through the digital rupee in December, helping the Reserve Bank of India meet its…
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