digital currency
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Tech News
BRICS’ Move to Introduce Digital Assets Platform for De-Dollarisation Sparks Criticism from Trump
The BRICS nations are planning to launch a digital assets platform for internal cross-border settlements, a move that seems to…
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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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PayPal Launches US Dollar Stablecoin for Financial Payments, Transfers
Payments giant PayPal said on Monday it has launched a US dollar stablecoin, becoming the first major financial technology firm…
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North Korean Hacker Group Said to Have Targeted Several US Crypto Firms
A North Korean government-backed hacking group penetrated an American IT management company and used it as a springboard to target…
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EU Set to Take Next Steps for Launch of Digital Euro, Will Publish Proposal for Legal Framework
The EU will take the next crucial step on Wednesday towards launching a digital version of the euro, a controversial…
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IMF Working on New Central Bank Digital Currencies Platform to Enable International Transactions
The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between…
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RBI’s CBDC Can Now Be Accepted at Reliance General Insurance Through Yes Bank
Reliance General Insurance on Wednesday said it has become a forerunner general insurance company in the country to accept the…
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CBDC Trials Expanding to 50,000 Users in India, RBI Backs Cautious Approach: Report
The trial for India’s upcoming central bank digital currency (CBDC) has been expanded to over 50,000 testers in the country.…
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Central Bank Digital Currency Set to Transform the Way Business Is Done, RBI Governor Says
Reserve Bank of India Governor Shaktikanta Das said CBDC is going to be a major transformation of the way business…
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Australia’s Central Bank Announces CBDC Pilot Plans, to Be Completed by Mid-2023
Australia is accelerating its foray into digital currencies, announcing on Monday that by mid-2023 it will be on schedule to…
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Colombia to Soon Get Digital Currency Aimed at Slashing Tax Evasion Crimes
Tax evasion in Colombia is a major issue and is estimated to account for up to eight percent of the…
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RBI Working to Implement Digital Currency in Phased Manner for Wholesale, Retail Segments, Says Official
The Reserve Bank of India is in the process of implementing the Central Bank Digital Currency (CBDC) in a phased…
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