Instead of speculative coins, RBI Governor Shaktikanta Das says CBDCs will address the growing 'cryptoization' of the economy while providing...
A number of commercial banks will participate in the project with RBI noting that each financial institution will test the...
The Reserve Bank of India expects the digital rupee would “pre-empt the need for settlement guarantee infrastructure or for collateral...
The world is facing a manpower crunch of developers knowledgeable in the blockchain space, with India working to address the...
One of the reasons the RBI explores the possibilities of a CBDC is its potential to improve cross-border payments while...
The adoption of CBDCs in India will be conducted in phases on FY 2022-2023, beginning with wholesale businesses, as the...