Permanent deletion of transactions can help make e-rupee anonymous: Shaktikanta DasIt can be noted that since the introduction of the CBDC in late 2022, there have been concerns about the privacy aspect, with some saying t...
06 May, 2024, 08.43 PM IST
Fintechs seek clarity on digital currency tieups despite RBI blessingBlockchain-based digital currency allows programmability of money. This means, in some cases, usage can be restricted to specific merchants...
11 Apr, 2024, 06.00 AM IST
Digital Rupee: RBI widens scope of CBDC; non-banking payment companies to facilitate transactionsDigital Rupee transaction: The Reserve Bank of India has proposed that CBDC (Central Bank Digital Currency) or, the eRupee, to be accessibl...
05 Apr, 2024, 11.49 AM IST
CBDC big update: Soon use RBI’s Digital Rupee for offline transactionsSoon, offline transactions can be conducted using the RBI's Digital Rupee. The Reserve Bank of India (RBI) has stated that its Central Bank...
09 Feb, 2024, 11.18 AM IST
CBDCs may be important in making cross-border payments cheaper, faster: RBI Guv Shaktikanta DasReserve Bank of India (RBI) Governor Shaktikanta Das highlighted the challenges of cross-border payments, including high costs and limited ...
07 Sep, 2023, 11.34 AM IST
CBDC to cut transaction costs, risks: RBI Dy Guv Rabi Sankar"Why is the average cost of transaction for retail 6%? It is not (because of) technology, technology can be made", said Rabi Sankar, at the...
06 Sep, 2023, 12.40 AM IST
Budget 2023: How to make RBI’s digital rupee a successWith the Union Budget 2023 in just a few weeks, Adelia Castelino of In solution Global shares his views on how to make the digital Rupee or...
19 Jan, 2023, 11.49 AM IST
Central bank digital currency will be as anonymous as the currency note: RBIThe central bank digital currency CBDC will be as anonymous as the currency note and would have all the relevant laws applicable to currenc...
07 Dec, 2022, 04.45 PM IST
An essential guide for the RBI on how to design robust digital rupeeDespite the rush of pilots and launch commitments, CBDC continues to remain more of an intangible idea. While it is too early to determine ...
24 Nov, 2022, 12.05 AM IST
RBI ropes in banks for beta-testing the digipee for retail transactionsThe digipee for retail targets consumers, providing them access to safe money for payment and other settlements. This will reduce cash use ...
15 Nov, 2022, 11.34 PM IST
Central bank digital currency could end RBI-ESMA rowThe newly launched CBDC system, used as a pilot in government security trades earlier this month, could be an alternative, obviating the ne...
10 Nov, 2022, 12.29 AM IST
TCS launches solution to help central banks in roll-out and use of digital currenciesThe company's president for banking, financial services and insurance products and platforms, Vivekanand Ramgopal told PTI that having the ...
12 Oct, 2022, 08.37 AM IST
A quick guide for Reserve Bank of India on how to develop digital rupeeThe CBDC design is closely linked to its policy motivation. For instance, countries that are exploring a sovereign digital currency to impr...
03 Feb, 2022, 11.46 PM IST
Will CBDCs help ease cross-border payments?At a basic technical level, interoperability between separate CBDC systems may be possible through adherence to commonly agreed internation...
20 Sep, 2021, 06.50 PM IST
Quarles says proposals for Fed digital currency must clear high barThe Fed official said the US central bank should study the pros and cons of potentially creating an official digital currency, a process th...
29 Jun, 2021, 08.24 AM IST
Does an RBI cryptocurrency need to set aside the private ecosystem?The announcements have on the one hand led to fright and fear in the eyes of those who have been dabbling into trading of cryptocurrencies,...
02 Feb, 2021, 03.24 PM IST
Central banks wake up to digital currency, create new framework with WEFThe framework is to help central banks evaluate, design and potential deploy digital currency.
23 Jan, 2020, 06.34 PM IST