The RBI launched the wholesale pilot of CBDC on November 1 ... Bank of India (SBI), Bank of Baroda (BoB), Union Bank of India (UBI), HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC ...

(Image/Reuters) With the use of central bank digital currency (CBDC) remaining low, the Reserve Bank of India (RBI) is now exploring cash transfer schemes by state governments as a means to ...

US President Donald Trump has banned the creation and issuance of Central Bank Digital Currency (CBDC) in the United States. While campaigning for the US Presidential Elections, Trump had often ...

Don't Miss: ‘Scrolling To UBI' — Deloitte's #1 fastest-growing ... As the name suggests, CBDC is a digital version of a country’s fiat currency, controlled by the central bank, whose ...

Reserve Bank of India (RBI) Governor Shaktikanta Das recently spoke about utilising the full potential of CBDC at a conference in Bengaluru. “The programmability feature of CBDC could serve as a ...

AI and CBDC advancements are boosting corporate profits ... be 'solved' through governmental Universal Basic Income (UBI) payments and subsidized corporate distribution programs.

India's retail CBDC pilot has over 5 million users with as many as 16 banks participating. The nation's central bank Governor hinted at the possibility of avoiding a full-scale implementation.

The Governor has shared his plans for India’s Central Bank Digital Currency (CBDC), e-rupee. The RBI’s latest pilots for CBDC aim to increase credit access by overcoming the challenge of ...

The Bangko Sentral ng Pilipinas (BSP) will complete its Philippine Central Bank Digital Currency (CBDC) pilot by the end of the year, according to financial news outlet Central Banking.

The RBI had shared its plans to include non-bank payment system operators in offering Central Bank Digital Currency (CBDC) wallets earlier this year in April. The Central bank shared its aims to ...

Central Bank Digital Currency (CBDC) is a major revolution in the world of fintech and e-Rupee is rapidly expanding its footprint. Acknowledging the meteoric rise of UPI usage, the RBI Governor ...

McHenry’s (R-NC) broader legislation. Setting aside which members support broader crypto bills, stopping the Fed from issuing a CBDC should not be the partisan issue it is becoming. A CBDC gives ...