Why the RBI Wants to Support CBDC Distribution via Non-Bank Payment Firms

Several countries, including India, are expanding central bank digital currency (CBDC) trials, hoping to integrate then…

SWIFT Plans to Launch New CBDC Platform Within Next Two Years

Global bank messaging network SWIFT is planning a new platform in the next one to two…

CBDC Not Widely Recognised in Japan Despite Ongoing Trials: Details

The CBDC concept in Japan, has not quite spread out to the residents there, new findings…

CBDC Transactions Hit Rs. 5.7 Crore in First 4 Months of Retail Pilot: Report

eRupee, the Indian central bank digital currency (CBDC), was reportedly used to process transactions worth Rs.…

eRupee CBDC to Support Offline Payments, Programmability Tweaks: RBI Governor

The Reserve Bank of India (RBI) is looking to adopt offline strategies to ensure that the…

NFT-Supporter Trump Vouches to Squash CBDC Creation in US: Details

The US, in recent years, has emerged as one of the most crypto-friendly nations in the…

E-Rupee CBDC Said to Cross 1 Million Daily Transactions by End of 2023

Indian banks disbursed some employee benefits through the digital rupee in December, helping the Reserve Bank…

Digital Pound Benefit Assessment Conducted in UK as CBDC R&D Intensifies

The UK is pacing up its efforts to understand the possible outcomes of rolling out a…

Standard Chartered Bank Joins China’s CBDC Pilot Trials: Details

China, that became one of the first nations in the world to launch trials of its…

SBI Introduces UPI Interoperability With CBDC for Seamless Transactions

The State Bank of India (SBI) has announced the implementation of Unified Payments Interface (UPI) interoperability…