When it comes to CBDC, RBI seems to have taken Edward Hickson's 1840 moral song, 'Perseverance, Or Try Again', to heart: 'If at first you don't succeed, try, try, try again.' Launched in late 2022 ...

The pace of retail transactions using the central bank digital currency has picked up but more needs to be done to attain the kind of acceptance that the Unified Payments Interface enjoys, Reserve ...

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 promote the digital rupee.

CBDC should work within UPI, not as a separate system. If Digital Rupee is just another option on the same app people already ...

The U.S. House Financial Services Committee passes the Anti-CBDC Surveillance State Act, aiming to block the Federal Reserve ...

The problem is that for a CBDC to reach its financial inclusion potential for women, the right ecosystem needs to be in place, women consumers need to have adequate financial capability, and a ...

The recent GENIUS stablecoin bill in the US is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis ...

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Built like crypto but regulated by the RBI, India's eRupee CBDC is currently under its advanced trial phase. The country’s apex bank, at this point, is looking at the eRupee to become a tool to ...

The idea of digital money has been one of huge controversy worldwide, and India is no exception. The introduction of cryptocurrencies and new digital payment options has prompted government ...

India has promoted rupee-based trade settlements with key partners The RBI is developing a central bank digital currency (CBDC), part of a process that has seen the country depend less on physical ...