A significant portion of central banks worldwide have delayed their plans for launching CBDCs, citing regulatory challenges.

India's Reserve Bank deputy governor has revealed that transaction volumes using the nation's central bank digital currency (CBDC) have trended downwards since December 2023 – and may even have ...

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 ...

India's Crypto Economy is a brand-new weekly ... And this time, it is all about central bank digital currencies, or CBDCs. From the ease of issuance to reducing the settlement risk in the ...

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 ...

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 ...

China or India, where existing payment rails are so effective that it is unclear how a CBDC can improve them, and the unbanked are a minority rather than a majority of the population. Sanzhar ...

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

Rabi Sankar, the deputy governor of the Reserve Bank of India, India’s central bank, said during an address about CBDCs and cryptocurrencies last week. Sankar is amongst many central bank ...