Yes Bank has been selected as the primary sponsor bank to facilitate the issuance of the CBDC for both of these third-party ...

What transaction details should be shown to a payer’s MSB? Should users be able to transact outside of KYC regulations to some extent? By using a framework to document CBDC privacy requirements, ...

This launch follows RBI's announcement in April 224, which proposed extending CBDC to a broader user base. While Cred has introduced a beta version of its e₹ wallet for a select group of users, ...

The product was developed in collaboration with the Reserve Bank of India (RBI) and Yes Bank, which will act as the sponsor bank for CBDC issuance.

Now that US President Donald Trump has taken his oath of office, the chances for a US central bank digital currency (CBDC) are all but finished. Trump has been a vocal opponent of CBDCs ...

Offline money transfers: CBDC enables offline money transfers in ... Further, both CRED and MobiKwik have Know Your Customer (KYC) requirements for wallet users, making any claims toward anonymity ...

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...

MobiKwik is now scaling its CBDC project and has launched a full-fledged ... With MobiKwik’s extensive 100% KYC-compliant user base, MobiKwik users may immediately set up their e₹ wallet ...

CRED launches e-rupee wallet, integrating RBI's CBDC, with Yes Bank as sponsor bank, enabling secure digital payments.

New users will be required to complete a video KYC procedure in order to access this ... Payments Interface and transfer funds to other CBDC wallets. To avail of this service, users must complete ...