For now, it seems that India’s vision is abreast of many ... Similar is the case with the Bank of Korea, which in its CBDC report notes, “While there is no immediate need to issue CBDC in ...

On his last day as the governor of the Reserve Bank of India (RBI), Shaktikanta Das shared his vision to transform India’s economy with a home-grown central bank digital currency (CBDC), the ...

Reserve Bank of India spent about 5,000 crore rupees in printing currencies in 2021-22. Thirdly, CBDC will offer the government and the central banks flexibility in terms of managing their monetary ...

RBI partners with fintech firm Cred to launch retail e-Rupee wallet, marking a major expansion of India's CBDC program.

Yep, you heard him right: CBDCs are banned now. Governments around the world—China, Russia, India, Sweden ... current dollar-based system." This, notes Carter, would "throw the system into ...

The Reserve Bank of India (RBI) has stated that it would implement its central bank digital currency (CBDC) plans via a graded approach and in step with the country's monetary policy. RBI’s ...

CRED founder Kunal Shah has announced the launch of the beta version of its CRED e₹ wallet in collaboration with the Reserve ...

Recently, the credit card managing platform, CRED has launched the beta version of its e₹ wallet. Reportedly, it is developed ...

Nearly five years after China launched its first digital renminbi (e-CNY) trials, only two other Asian countries actually have a functioning retail CBDC: India and Cambodia. Elsewhere in the ...

MobiKwik is now scaling its CBDC project and has launched a full-fledged e-rupee (e₹) acceptance in partnership with the Reserve Bank of India (RBI) and YES BANK. With this, MobiKwik has becom ...

All in all, 48 trades were executed using CBDC on the first day of the trial, according to data from the Clearing Corporation of India. “It was indeed a landmark moment in the history of money ...

India reassesses crypto regulation amid global adoption but maintains existing crypto tax structures and delays the discussion paper.