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 ...

The recent discussions surrounding the potential ban of digital currencies in the United States represent a significant shift ...

For users without bank accounts, the system would need to provide access points (like that of the m-pesa2 mobile payment system in Kenya) that allow cash-to-CBDC purchases and redemption. The primary ...

India's Crypto Economy is a brand-new weekly ... From the ease of issuance to reducing the settlement risk in the financial system, the CBDC offers a slew of advantages over paper or polymer ...

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 ...

Vipin Bharathan: You have established a CBDC Think tank ... Witness economists designing the “architecture” of stablecoins. Everyone speaks in the language of software development, even ...

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 ...

Currently, 15 banks offer CBDC wallets, RBI's website says. After the announcement, many, including PhonePe, AmazonPay, Google Pay, Mobikwik and Cred, were seeking to join the Indian central bank ...