Ripple (XRP-USD) is charging forward despite the recent XRP downturn, having aligned with the Digital Euro Association (DEA) to spearhead Central Bank Digital Currency (CBDC) initiatives.

The Reserve Bank of India started a pilot for the CBDC, or e-rupee, a digital alternative to physical currency, in December 2022, and last April, it expanded the scope of transactions to payment ...

The Bank of Israel released a preliminary design proposal for a digital shekel (DS), Israel’s potential central bank digital currency (CBDC), despite no solid intent as yet for an official launch.

Mumbai: Nine months after the Reserve Bank of India (RBI) announced allowing non-bank payments players into central bank digital currency (CBDC) pilots, two private fintech firms, CRED and ...

But what does that future look like? With 90 per cent of central banks now exploring their own CBDC (Central Bank Digital Currency) according to McKinsey, the once-fanciful notion that governments ...

Russia completed the first phase of digital ruble testing in late 2024. The finance ministry says a full-scale CBDC pilot will begin in July 2025, with over 15 financial institutions participating.