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CROSS BORDER CBDC
Retail central bank digital currency in circulation falls by 24% in FY26The value of retail central bank digital currency in circulation saw a significant drop of 24.08 percent in 2025-26. Despite this, the Rese...- RBI to explore CBDC pilot in cross-border transactionsThe Reserve Bank of India (RBI) plans to expand its digital rupee pilot to more direct benefit transfer schemes and the domestic retail spa...
- RBI highlights strong banking sector health, says lenders can withstand severe shocksIn the fiscal year 2025-26, India's financial landscape demonstrated remarkable stability. Both banks and non-bank entities showcased solid...
- Why West’s crypto rules matter for East’s financial futureThe US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like the UAE and Singapore are moving ahe...
- Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
- 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...
- RBI in no hurry to launch digital currency: T Rabi ShankarThe Reserve Bank of India has no immediate plans for a nationwide CBDC launch, prioritizing cross-border arrangements and pilot projects fo...
- E-rupee in circulation grows to over Rs 1,000 crore; RBI exploring cross-border CBDC pilotsThe RBI reported a surge in e-rupee circulation to Rs 1,016 crore by March 2025, with pilots expanding to 17 banks and 60 lakh users. Cross...
- Future of money has to be digital, no escape from that: Shaktikanta DasReserve Bank of India Governor Shaktikanta Das emphasised the inevitability of digital money at the G30 Annual International Banking semina...
- Cross-border remittances using e-rupee to halve cost of such payments to 2-3 pc: DEA Secy Ajay SethCentral Bank Digital Currency (CBDC), or e-rupee, can help reduce the cost of cross-border remittances by 2-3%, according to an official. T...
- RBI, international counterparts discuss CBDCs for cross-border settlementsAn internal Reserve Bank of India (RBI) working group has been exploring the best technology path to develop a roadmap for such direct tran...
- Wholesale e-rupee, hunt a chimaera?RBI is optimistic that wholesale central bank digital currencies could enable an instant and efficient international interbank settlement s...
- Central Bank Digital Currency can play important role in cross-border payment: RBI GuvReserve Bank Governor Shaktikanta Das believes that Central Bank Digital Currency (CBDC) can be instrumental in facilitating cross-border p...
- 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 ...
- Pushing e-rupee payments using UPI infra on RBI's agendaThe RBI had launched the e-rupee for retail transactions on a pilot basis on December 1, 2022. As of June, about 13 lakh users have downloa...
- Aim to increase e-rupee transactions to 10 lakh per day by 2023-end: RBI DG T Rabi SankarRBI deputy governor T Rabi Sankar pointed out that transactions through CBDCs bypass intermediaries and are instantaneous. In its aim to in...
- RBI, UAE central bank sign pact to enhance cooperationAccording to the statement, the CBUAE and RBI will jointly conduct proof-of-concept (PoC) and pilot(s) of the bilateral CBDC bridge to faci...
- Digital Currency: Potential and challengesThere are some risks, primarily cyber risks, associated with CBDC, although its introduction seeks to make business transactions easier. ET...
- CBDC to bring down time, cost for cross-border transactions: RBI Deputy GuvIn the Union Budget for 2022-23, the finance minister had said the RBI would roll out a digital equivalent to the rupee in the current fina...
- 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...
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