RBI forms dedicated fintech department to focus on the ‘dynamically’ rising sector The department will also address CBDCs
The fintech sector in India has been at the forefront of receiving funding from marquee investors. The Reserve...
CBDC
CBDC
India’s central bank expresses concerns over private cryptocurrencies
Given their highly speculative structure, private cryptocurrencies offer immediate risks to customer protection and are prone to fraud...
RBI in favor to introduce basic version of CBDC with minimal disruption on monetary policy
As India gears up with regulatory uncertainties surrounding cryptocurrencies, the country’s central bank, the Reserve Bank of India...
Bank of Russia takes steps against Illegal use of digital assets
Bank of Russia is taking some strong steps against digital assets and their illegal use cases. They have...
Nigeria’s CBDC eNaira is finally announced
Nigeria’s CBDC eNaira is finally announced making them the first African country to introduce a digital currency. This...
Bhutan Partners With Ripple to Pilot Digital Ngultrum on a Private Ledger
The Royal Monetary Authority (RMA), Bhutan’s central bank has teamed with Ripple to begin testing a model of...
HSBC CEO says Crypto not for us because of volatility and opaque nature
As most banks are trying to dip their waters into the world of digital currency, HSBC has refused...
BOE’s Dy. Governor Jon Cunliffe says launch of British CBDC probable
Since Rishi Sunak, the British Chancellor of Exchequer declared the launch of a Fintech taskforce in April, the...
All your questions about Central bank digital currency (CBDC) answered!
Central bank digital currency is the digital form of a country’s centralized cryptocurrency. It’s a legal tender with...