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CBDC)

digital currencies: Biggest potential for CBDC will be cross-border money transfer

by Mark McDuffie
digital currencies: Biggest potential for CBDC will be cross-border money transfer

Kolkata: India’s central bank governor Shaktikanta Das has backed the role of legal digital currencies in fostering trade beyond national frontiers, underscoring how such monetary units limit the scope for …

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e-rupee: Permanent deletion of transactions can help make e-rupee anonymous: Shaktikanta Das

by Mark McDuffie
e-rupee: Permanent deletion of transactions can help make e-rupee anonymous: Shaktikanta Das

Governor Shaktikanta Das on Monday said that permanent deletion of transactions can make the e-rupee or central bank digital currency (CBDC) become anonymous and make it at par with paper …

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Trump vows to block creation of digital dollar

by Sipho Sepamla
Trump vows to block creation of digital dollar

Former President Trump vowed to block the creation of a federal digital currency on Wednesday night, calling it a “dangerous threat to freedom.” “Tonight, I am also making another promise …

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Digital or physical, cash is not king for reserve ratio

by Mark McDuffie
Digital or physical, cash is not king for reserve ratio

Mumbai: India’s central bank digital currency pilots in wholesale and retail segments have largely met with success since last year, but some banks have recently hit a bump as statutes …

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Sbi: SBI to allow UPI transactions for Digital Rupee: What it means for users

by Sipho Sepamla
Sbi: SBI to allow UPI transactions for Digital Rupee: What it means for users

The Reserve Bank of India (RBI) launched the first pilot of the Digital Rupee or e-rupee in December 2022. The Digital Rupee is a tokenised digital version of the Indian …

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SBI Digital Rupee Now Interoperable With UPI For Convenient Payments, Check Details Here

by Mark McDuffie
SBI Digital Rupee Now Interoperable With UPI For Convenient Payments, Check Details Here

Home Business SBI Digital Rupee Now Interoperable With UPI For Convenient Payments, Check Details Here The seamless integration of CBDC with UPI marks a significant leap for the bank, enhancing …

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