
Central Bank Digital Currency
India’s CBDC has 5M users, RBI in ‘no rush’ to launch it
India’s central bank revealed that 16 local banks are participating in the pilot but says it’s still finetuning features such...
Cambodia’s Bakong app boosts tourism by enabling payments for 3.3M locations
The National Bank of Cambodia confirmed a commitment to setting up QR locations nationwide to streamline payments using the Bakong...
Ghana issues draft digital asset guidelines
The new guidelines require VASPs to obtain licenses from the SEC, abide by AML rules and report crimes while entitling...
Jamaica’s largest bank casts doubt on CBDC
The National Commercial Bank, the only Jamaican bank that currently offers a CBDC wallet, says that while its digital banking...
Tokenized deposits gaining traction in India, central bank says
Michael Debabrata Patra, deputy governor of the RBI, believes that tokenized deposits have various use cases in cross-border and domestic...
Replacement of bank deposits by CBDC an area of key interest for deposit insurers: RBI
At a recent International Association of Deposit Insurers event, Michael Debabrata Patra, deputy governor of RBI, said that CBDC will...
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