India's digital currency push targets its leaky welfare systemIndia is piloting its digital rupee, the e-rupee, for welfare payments. This initiative aims to improve efficiency and reduce corruption in...
Portable bank A/Cs for better user experience: RBI eyes more power for consumersThese efforts by the central bank come alongside India’s ongoing initiatives to strengthen international payment linkages, including agreem...
From UPI to CBDCs, India sets digital payments agenda at BRICSIndia will champion seamless cross-border payments using central bank digital currencies among BRICS nations. This initiative will be a key...
Central Bank digital currencies to replace cash in the coming decade: reportThe report, titled ‘Future of Money’, said CBDCs have the capacity to boost financial inclusion by offering a safe and affordable means of ...
How governments and central banks are exploring use of CBDCsGovernments have various motivations for exploring CBDCs. One significant reason is the modernization of payment systems. Traditional cash ...
CBDC a more energy-efficient option than cryptos: RBIEstimates indicate that non-Proof of Work permissioned networks – what CBDCs are likely to be – are significantly more energy efficient tha...
New look CBDCs and cryptomarket to emerge from turmoil, top BIS official saysLast year's collapse of Sam Bankman-Fried's FTX empire as well as Celcius, Three Arrows Capital and a number of 'stablecoins' saw many of i...
Crypto industry contradicts RBI, says CBDCs would not challenge VDAs"We believe that CBDCs could actually be able to kill whatever little case that could be for private cryptocurrencies," Sankar said while s...
Proposed digital currency by RBI to speed up transactions, reduce cost of cash: DeloitteAs a financial services innovation, CBDCs are likely to play a pivotal role in shaping the 'future of value transfer', the report said, add...
Can every currency of the world be a stablecoin?Large currencies have volume, some established form of consistency and track record and tangible backing, and thereby make for a good stand...
The state of CBDCsThis week the International Monetary Fund (IMF) released a report outlining six case studies of central bank digital currencies (CBDCs).
No one-size-fits-all for central bank digital currencies: IMFRoughly 100 countries are now looking at CBDCs, the IMF estimates, and it published a study on Wednesday looking at six nations including C...
Can cryptocurrencies and CBDCs coexist in this era-defining economic landscape?CBDCs, in their true form, will take centre stage when it comes to making payments simpler and quicker. Standard, decentralized crypto play...
View: A digital rupee and cryptocurrencies can (and should) co-existCBDCs are fiat currency in code. They can be programmed for specific use-cases and leveraged for delivery of government benefits and financ...
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...
Australia, Malaysia, Singapore and South Africa launch central bank digital currency schemeMany governments and central banks around the world are exploring the use of central bank digital currencies, which are digital forms of ex...
Central bank digital cash will complement cryptosAround 90 per cent of the world's central banks are now working on their own digital currencies, some of which may be issued in the next th...