The lender is registering about 22,000 CBDC transactions daily, with an average value of ₹6 crore per day. SBI did not respond to businessline queries till press time. “We have also started ...

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 ...

A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020 ...

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 ...

“By leveraging Spydra’s blockchain and CBDC capabilities, we are well-positioned to develop secure and cutting-edge digital payment solutions that empower our customers to thrive in an evolvin ...

The central bank digital currency (CBDC) is going to completely revolutionise the entire payment space in terms of how one makes a payment, just like UPI did, Debadatta Chand, MD and CEO of Bank ...

Leithner sees the launch of a permanent CBDC as a key element of the EU’s digital agenda and as a crucial component of its financial strategy. Using the digital Euro as a strategic asset ...

JAMAICA’S central bank digital currency (CBDC), Jam-Dex, remains mired in stagnation two years after its high-profile roll-out, with circulation stagnating at just 0.09 per cent of the country ...

Despite a challenging year for global fintech investment in 2024, the sector showed signs of recovery in the last quarter, ...

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The mission assisted the authorities in establishing the groundwork for a feasibility study of a retail central bank digital currency (rCBDC) and drafting a roadmap for the BoN's CBDC exploration. The ...

Without question, the Legislature should pass and the governor sign bills to enhance penalties for both excessive speeding and wrong-way driving while impaired. Government has a duty to protect ...