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CROSS BORDER CBDC
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...23 May, 2026, 12.06 PM IST- 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 ...18 May, 2026, 05.46 PM IST
- 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...03 Feb, 2026, 12.55 AM IST
- 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...08 Oct, 2025, 06.31 AM IST
- 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...29 May, 2025, 02.03 PM IST
- 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...27 Oct, 2024, 05.13 PM IST
- 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...08 Dec, 2023, 05.10 PM IST
- 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...28 Nov, 2023, 06.00 AM IST
- 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...02 Nov, 2023, 11.48 PM IST
- 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...25 Oct, 2023, 11.00 PM 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
- 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...12 Jul, 2023, 10.27 AM IST
- 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...12 Jul, 2023, 12.52 AM IST
- 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...15 Mar, 2023, 09.20 PM IST
- Digital Currency: Potential and challengesThere are some risks, primarily cyber risks, associated with CBDC, although its introduction seeks to make business transactions easier. ET...24 Nov, 2022, 11.03 AM IST
- 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...07 Sep, 2022, 04.01 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
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