Finance

E-rupee set for broader adoption as cloud facility gathers steam
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6 January, 2025

E-rupee set for broader adoption as cloud facility gathers steam

The e-rupee is forecast to gain massive adoption in the cross-border payments sector in 2025. Meanwhile, businesses can expect more...
China stresses digital asset regulation in financial stability report
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6 January, 2025

China stresses digital asset regulation in financial stability report

In its annual Financial Stability Report, PBOC said that 51 jurisdictions globally issued restrictions on digital assets while noting that...
Ukraine counters Russia’s cross-border digital assets use
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3 January, 2025

Ukraine counters Russia’s cross-border digital assets use

Ukraine recently announced "sanctions and other solutions" to prevent Russia from using digital assets for international payments.
IRS issues new digital asset tax rules; industry groups sue
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2 January, 2025

IRS issues new digital asset tax rules; industry groups sue

The new IRS rules will take effect in 2027, but brokers must begin collecting and reporting the necessary data for...
Russia’s CBDC faces opposition; T-Bank dabbles in tokenization
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30 December, 2024

Russia’s CBDC faces opposition; T-Bank dabbles in tokenization

Consumer-to-business payments will be free over the next year, while B2B and C2C payments will be free permanently. Banks say...
Is RBI’s push for instant payments hindering CBDC adoption?
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28 December, 2024

Is RBI’s push for instant payments hindering CBDC adoption?

Despite India seeing CBDC as the future of money, the digital rupee struggles to gain a foothold in the country's...
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