Building on their individual plans to improve the payments system, the central banks of India and the United Arab Emirates...
Firms offering digital currency services in India are now covered by the PMLA of 2002, under which they are mandated...
Reserve Bank of India Executive Director Ajay Kumar Choudhary said that since the CBDC will have all features of physical...
RBI's Deputy Governor Rabi Sankar assured that existing payment services in India will remain and that exploring use cases of...
The UPI-PayNow integration will provide a seamless cross-border transaction between India and Singapore, with citizens of both nations being able...
India’s digital rupee pilot already had over 50,000 users and 5,000 merchants, but despite the impressive numbers, the Reserve Bank...