A significant portion of central banks worldwide have delayed their plans for launching CBDCs, citing regulatory challenges.
As the third phase of the expanded Thai/HK CBDC project, mBridge was conceived in 2021, with the involvement of the BIS Innovation Hub, the Central Bank of the United Arab Emirates (UAE ...
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Former RBI deputy governor SS Mundra had expressed similar skepticism about the CBDC project, suggesting that it did not serve any special purpose given the prevalence of UPI. However, there could ...
The RBI had launched its CBDC, or E-Rupee, project in 2022, as a digital form of a country’s fiat currency. There are two types of CBDCs – wholesale and retail, with the former meant for ...
The Reserve Bank of India had started a pilot for the e-rupee, which is a digital alternative to the physical currency, in December 2022. Initially, the central bank had permitted only banks to offer ...
MUMBAI, Jan 28 (Reuters) - Tiger Global and Peak XV backed Indian firm Cred has become the first fintech platform to roll out access to India's central bank digital currency, the company said on ...
Trump’s move to ban CBDCs in the US will impact “any retail CBDC project in the next four years,” according to CBDC observer Yifan He, who founded the Chinese blockchain firm Red Date ...
BS BFSI Summit: RBI is actively working to link UPI with other countries, aiming for global acceptance that would allow Indians abroad to make payments using UPI, said RBI Deputy Governor ...
President Trump is reportedly set to sign an executive order potentially banning the creation of a US CBDC. The Federal Reserve is currently exploring the feasibility of a CBDC in the US.
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 ...
Bank of England launches Digital Pound Lab in 2025 to test CBDC capabilities through hands-on experimentation No final decision made on digital pound implementation; earliest possible launch in second ...
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