Search For "central bank digital currency"
Gujarat: Amit Shah inaugurates first Central Bank Digital Currency (CBDC)
Updated : 3 weeks, 6 days ago IST
On this occasion, Union Home Minister Amit Shah launched the distribution of chickpeas and tur dal in 1 kg sealed packets, inaugurated the Annapurti Grain ATM facility in the Sabarmati zone of Ahmedabad, and initiated the ''Garima Poshan - Suposhit Garudeshwar Taluka' campaign, according
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Hashtag Web3 Releases a Collaborative Report on India's Digital Currency
Updated : 1 year, 4 months ago IST
New Delhi [India], November 12: Hashtag Web3's latest report, Central Bank Digital Currency in India, provides a comprehensive look at India's transition to the Digital Rupee. This collaborative analysis, enriched by insights from over 30 industry experts and the Web3 community, examines the
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"India is at the threshold of a major structural shift in its growth traje
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], June 26: India is at the threshold of a major structural shift in its growth trajectory, moving towards 8 percent GDP growth in a sustained manner, said RBI Governor Shaktikanta Das. He was speaking at the 188th AGM of Bombay Chamber of Commerce & Industry.
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Private digital currencies are potentially dangerous, CBDC a safer alterna
Updated : 1 year, 10 months ago IST
Reserve Bank of India Governor Shaktikanta Das said on Monday that Central Bank Digital Currency (CBDC) or digital currency, can drive financial inclusion and provide a much safer alternative to potentially dangerous private digital currencies.
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RBI proposes cash deposits through UPI; widens digital currency for retail
Updated : 1 year, 11 months ago IST
The Reserve Bank of India has proposed the idea of depositing cash in Cash Deposit Machines (CDMs) using UPI mechanism, in what could be another boost to already widely recognised technology.
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At Davos, RBI Governor says digital currency will make cross border paymen
Updated : 2 years, 1 month ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das feels digital currency or Central Bank Digital Currency (CBDC) will make cross-border payments more efficient and fast, in addition to being cost-effective.
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US: Donald Trump pledges to block creation of federal digital currency, ca
Updated : 2 years, 1 month ago IST
Donald Trump on Wednesday night (local time) pledged to block the creation of a federal digital currency.
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RBI to showcase innovative financial technologies at G20 Summit
Updated : 2 years, 6 months ago IST
The Reserve Bank of India (RBI) will unveil a display of cutting-edge financial technologies at the G20 Summit, showcasing their potential to revolutionize the financial landscape.
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SBI introduces UPI interoperability for CBDC
Updated : 2 years, 6 months ago IST
With this step, the bank is poised to provide unparalleled convenience and accessibility to its customers. This feature, accessible through the 'eRupee by SBI' application, empowers SBI CBDC users to effortlessly scan any merchant UPI QR code, facilitating swift and secure transactions.
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RBI’s digital rupee, KCC loan innovations displayed at G20 FMCBG event in
Updated : 2 years, 8 months ago IST
The Reserve Bank of India (RBI) has showcased its innovations -- ‘Frictionless Credit’ and ‘Central Bank Digital Currency’ -- at the innovation pavilion on the sidelines of the 3rd meeting of Finance Ministers and Central Bank Governors (FMCBG) under India’s G20 presidency here at the Mahatm
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UST Delivers API Prototypes for Retail Central Bank Digital Currency (CBDC
Updated : 2 years, 8 months ago IST
London [UK]/Bengaluru (Karnataka) [India], June 27: UST, a leading digital transformation solutions company, has announced its role as an Innovation vendor for Project Rosalind, an experiment in application programming interface (API) prototypes for central bank digital currencies (CBDC) fro
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China's "yuan diplomacy": A new form of debt trap
Updated : 2 years, 11 months ago IST
News reports suggested that China has now been trapping African nations into debt and as part of "forgiving" that debt China wants them to use the Chinese CBDC the Digital Yuan for all international commerce, trade and finance payments. By doing so, China has been establishing the Digital Yu
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