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US CBDC
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- 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
- 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
- Central bankers lay out digital currency cyber threatAround 130 countries are now exploring central bank digital currencies (CBDC) to keep up with technological change, but there are worries t...07 Jul, 2023, 11.42 PM IST
- Digital currency to further bolster digital economy, says RBIChaudhary was addressing an outreach seminar on 'Central Bank Digital Currency: The India Story' organised by the Reserve Bank of India. Th...25 Jan, 2023, 06.19 PM 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
- What is Digital Rupee, how it worksDigital Rupee is a central bank digital currency (CBDC) that will be launched in 2022-23, the FM said. CBDC is the same as currency issued ...17 Feb, 2022, 11.35 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
- RBI to issue Central Bank Digital Currency in FY23: FM Sitharaman in BudgetThe move on CBDC comes at a time when there has been a huge shift seen towards private virtual currencies called cryptocurrencies.01 Feb, 2022, 02.58 PM IST
- Fed kicks off debate on issuing its own digital currency with new white paperThe paper tiptoes around a subject that has sparked debate inside the Fed's top ranks, even as other central banks across the globe are exp...21 Jan, 2022, 07.28 AM IST
- Will Mint Street's digital currency ambition break the banking system?Central banks now understand the huge impact the blockchain and distributed technology is creating in the financial system which solves the...24 Oct, 2021, 11.39 AM IST
- Will CBDC be a gamechanger?The term Central Bank Digital Currency (CBDC) has started to gain traction and attention of central banks and financial and tech enthusiast...10 Oct, 2021, 10.31 AM IST
- Fed to release paper on central bank digital currency soon, Powell saysPowell said on Wednesday that no decision has been made and that the priority is for the U.S. payments system to remain "stable and trustwo...23 Sep, 2021, 07.13 AM 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
- What to watch as Fed ramps up exploration of a digital dollarThe dollar is the world's reserve currency, giving the US government privileged status as a borrower on global markets. It accounted for ne...27 May, 2021, 07.42 PM IST
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