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WHOLESALE CBDCS
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- RBI plans to widen use of wholesale digital currencyThe Reserve Bank of India is planning to introduce wholesale a central bank digital currency (CBDC) in the call money market, an official t...05 Sep, 2023, 03.37 PM IST
- Twenty-four central banks will have digital currencies by 2030 - BIS surveyThe past 18 months have seen turmoil in the crytpo market, including the failure of TerraUSD, an unbacked stablecoin, in May 2022, the coll...10 Jul, 2023, 03.19 PM IST
- Twenty-four central banks will have digital currencies by 2030: surveySome two dozen central banks across emerging and advanced economies are expected to have digital currencies in circulation by the end of th...10 Jul, 2023, 02.45 PM IST
- 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...03 May, 2023, 07.49 PM IST
- 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...06 Feb, 2023, 03.34 PM IST
- India's digital rupee fails to excite interest, bankers sayThe RBI has devised the e-rupee basically as a digital alternative to cash - one using blockchain distributed-ledger technology, to some de...01 Dec, 2022, 04.28 PM IST
- RBI mulls pilot project for its digital currency; Will CDBC create an enigma for stable coins?Wholesale CBDCs will impact the usage of fiat collateralized stablecoins used for business specific remittances and payment settlements," h...10 Sep, 2022, 03.03 PM IST
- Building a resurgence for better futureDiscussing ways in which companies can build resilient models to withstand the changes in the future and stay sustainable.22 Mar, 2022, 01.04 PM IST
- How Central Bank Digital Currencies may impact the monetary system02 Feb, 2022, 02.15 PM IST
- After Mastercard, Visa offers central banks a way to test digital currenciesVisa will begin piloting a programme with blockchain software firm ConsenSys after discussions with 30 central banks about goals related to...13 Jan, 2022, 04.16 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
- 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...02 Sep, 2021, 01.05 PM IST
- RBI is working on making virtual currency a realityA CBDC is a form of virtual currency or cryptocurrency that is issued by a central bank as an alternative to its currency. These are largel...23 Jul, 2021, 06.31 AM IST
- RBI working on digital currency, pilot projects likely in near future: Dy GuvIntroduction of CBDC, he said, has the potential to provide significant benefits such as reduced dependency on cash, higher seigniorage due...22 Jul, 2021, 10.26 PM IST
- RBI working towards 'phased introduction' of digital rupeeA CBDC is a form of virtual currency that is issued by a central bank as an alternative to cash.22 Jul, 2021, 07.29 PM IST
- Is India ready for digital rupee?While both Central Bank Digital Currencies or CBDC and cryptocurrencies work on the DLT technology, the goals are different. CBDC could be ...27 Apr, 2021, 08.56 AM IST
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