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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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Tech News
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
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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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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Tech News
RBI’s CBDC Yet Another Step in Taking Indian Payments Ahead, JPMorgan Blockchain Head Says
The Reserve Bank of India (RBI) is overseeing the creation and distribution of the eRupee CBDC for retail and wholesale…
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Tech News
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
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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Tech News
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
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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Tech News
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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