All Strange Things About India and world
The RBI had started the wholesale CBDC pilot last year.(File)Mumbai: The recently launched retail central bank digital currency (CBDC) pilot has 50,000 users and 5,000 merchants, the RBI said on…
New Delhi: Central Bank Digital Currency or CBDCs have captured the imagination of central banks around the world. Recently, the Reserve Bank of India (RBI) launched the pilot ‘digital rupee’…
Five years ago, central bank digital currencies were a curiosity. Now, they’re a fad. More than 40 economies are running pilots or are in the pretrial development phase, in addition…
Transactions via central bank digital currencies (CBDC) would remain anonymous “to a certain degree”, a top official at the Reserve Bank of India (RBI) said on Wednesday, adding that technology…
CBDC is different from the Unified Payments Interface, the Governor said.(Representational)Mumbai: Asserting that the newly-introduced central bank digital currency does not leave any trail with a bank, RBI Governor Shaktikanta…
Pakistan is accelerating efforts to roll-out its CBDC in the next two years. The country’s central bank, the State Bank of Pakistan (SBP), has decided to select and licence electronic…
The digital rupee would appear as a liability on RBI’s balance sheet.(Representational)New Delhi: The retail digital rupee makes its debut today. As the four banks selected by the Reserve Bank…
Over 100 countries are currently exploring Central Bank Digital CurrenciesOver 100 countries are currently exploring Central Bank Digital Currencies (CBDCs), representing at least 95 per cent of the global economy.CBDCs…
RBI wishes to execute a full launch of the CBDC “in the near future”, Shaktikanta Das said.(File)Mumbai: The Reserve Bank Of India (RBI) will follow up on the wholesale e-rupee…
Thailand’s central bank said on Friday it expected to test its retail digital currency from late this year to the middle of 2023, as an alternative payment option. During the…