CBDC

SBI Introduces UPI Interoperability With eRupee CBDC for Seamless Transactions

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

2 months ago

‘CBDC and Blockchain’: Mukesh Ambani’s Jio Financial Services Set to Make Web3 Foray

Mukesh Ambani, one of the world's richest men settled in India's financial capital, is prepared to explore the Web3 arena.…

2 months ago

Canara Bank Rolls Out CBDC App Interoperable With UPI, Users Highlight Issues

India's Canara Bank has launched a new mobile app focussed on taking India's Central Bank Digital Currency (CBDC) trials to…

3 months ago

Mastercard Launches CBDC Partner Program for Discussions on Digital Currencies Among Crypto Players: Details

Mastercard has taken another step into its Web3 foray with the launch of a CBDC-focussed forum. The aim is to…

3 months ago

Singapore’s Stablecoin Regulatory Framework Announced: All Details

Singapore has announced a framework for stablecoins, as the overall global crypto sector faces increased rules and regulations in different…

3 months ago

Chandrayaan-3 to Web3: Landmark Developments in India’s Evolution Towards Tech Independence

India has prioritised research and development in different tech sectors over the past few decades as successive governments have increased…

3 months ago

Iran to Launch its Digital Rial CBDC into Public Pilot Phase

Central Bank Digital Currencies, or CBDCs, are picking up the pace in several nations around the world, and Iran is…

3 months ago

Bharat Web3 Association Notes India’s Interest in DeFi as Country Posts G20 Presidency Note on Crypto

India is making its name as a lucrative startup hub for Web3 projects with its large pool of developer talent,…

4 months ago

RBI Assigns CBDC Expansion Targets to Banks, Aims for 1 Million Daily Transactions by December: Report

The Reserve Bank of India (RBI) is aiming to clock one million transactions in India's under-trial CBDC, the eRupee, daily…

4 months ago

Emerging Markets Record Greater Interest in CBDCs; India, China Lead the Charge: CFA Institute Survey

Central Bank Digital Currencies or CBDCs are foraying into existing global financial systems, whether governments around the world like it…

4 months ago

RBI to Deploy eRupee CBDC Payments via UPI QR Codes Soon: All Details

India may take the next big leap in its eRupee central bank digital currency (CBDC) venture any day now. The…

4 months ago

Digital Ruble Bill Signed by President Vladimir Putin Allowing Russia’s Central Bank to Introduce CBDC

Russia is inching closer to facilitating a widespread roll out of its CBDC, the digital ruble. A bill, that proposed…

4 months ago

Bank of Japan Initiates Discussion With 60 Firms on Pilot Programme for Digital Yen

The Bank of Japan on Thursday kicked off a series of discussions with 60 companies on a pilot programme for…

5 months ago

China Begins Offline Trials of CBDC Payments, Stitches e-CNY Payments to SIMs

China, despite its stern anti-crypto stance, is among the fastest growing examples of how big economies can experiment with CBDCs.…

5 months ago

Reserve Bank of India Calls on More Lenders to Take Part in Pilot for Retail Digital Rupee: Report

The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes…

5 months ago

IMF Working on New Central Bank Digital Currencies Platform to Enable International Transactions

The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between…

5 months ago

Existing UPI QR Codes Could Begin Processing Transactions in eRupee CBDC: RBI’s T Rabi Sankar

India is planning to introducing its own blockchain-based eRupee CBDC for commercial use. The country is mulling more ways to…

5 months ago

Hong Kong Commences CBDC Pilot; Multiple Fintech Players Onboarded for Trial of e-HKD

The introduction of central bank digital currency (CBDC) by central banks in different parts of the world has emerged among…

5 months ago

RBI’s CBDC Can Now Be Accepted at Reliance General Insurance Through Yes Bank

Reliance General Insurance on Wednesday said it has become a forerunner general insurance company in the country to accept the…

5 months ago

Zimbabwe Set to Introduce Gold-Backed Digital Currency to Stabilise Zimbabwean Dollar: Report

Zimbabwe, in a bid to keep its economy stable amid the fluctuating status of the dollar, is exploring the launch…

5 months ago