An Age-By-Age Guide to Teaching Kids About Money
This post is part of our “Big Talks” series—a guide to helping parents navigate the most important conversations they’ll have with their kids. Read more here. From learning how to…
Digital Rupee Pilot: 50,000 Users Transacting Through Digital Currency, Says RBI
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…
Union Budget 2023: Will Blockchain-Based Digital Currency Come Of Age?
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’…
Ex China Central Bank Official Says Digital Yuan is Little Used
Central bank digital currencies are digital tokens issued by central banks. (File)Shanghai: China’s central-bank digital currency is little used, a former official of the People’s Bank of China (PBOC) said…
Opinion: Digital Currency Needs To Feel Real. Here’s The Reason Why
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…
Digital Rupee: No Need To Create “Fear Psychosis” Over Privacy Concerns, Says RBI Governor
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…
RBI Set To Launch Retail Digital Rupee Pilot: 10 Points
Retail digital rupee can, however, be converted into deposits with banks that earn interest. (File)New Delhi: Users can carry out transactions through digital wallets; only those digital wallets offered by…
Here’s What Happens to Your Crypto When You Die
Photo: tungtaechit (Shutterstock) One of the most appealing aspects of your crypto wallet is that no one can get in it. In the event of your passing, however, that advantage…
Retail e-Rupee Trials Will Start In November Itself: RBI Governor
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…
RBI Set To Launch Digital Rupee Pilot For Wholesale Segment Tomorrow
RBI said the first pilot for Retail segment is planned for launch within a month.(File)Mumbai: The Reserve Bank said the first pilot of the Central Bank Digital Currency — Digital…