Singapore and Hong Kong—two of Asia’s most prominent private banking hubs—are at the forefront of implementing ...

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, ...

while new users must complete video KYC verification. The wallet supports denominations ranging from 50 paise to ₹500. This development follows RBI’s April 2024 decision to extend CBDC access ...

Selected beta testers from CRED's member community have access to UPI-linked bank payments for moving funds into their CBDC wallets. The feature requires users to finish video KYC before they can ...

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

The country’s largest digital wallet Mobikwik, has launched a full-service version of the Reserve Bank of India’s Central Bank Digital Currenc.

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 ...

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