CBDC, also known as the e-rupee, is a digital currency issued by the Reserve Bank of India (RBI) as an alternative to the physical rupee. While the Central Bank ran a pilot for this back in 2022 ...

The Reserve Bank of India started a pilot for the CBDC, or e-rupee, a digital alternative to physical currency, in December 2022, and last April, it expanded the scope of transactions to payment ...

The CBUAE has unveiled a new symbol for the UAE's national currency, the Dirham, along with the announcement of the Digital ...

What Happened: Mintoak, a provider of merchant payment services, has finalized the purchase of Digiledge, a firm specializing in CBDC and bill ... a central bank digital currency under his watch ...

Discussions are underway with other state governments to use the digital currency for similar programmes. CBDC can be held and transacted through e-rupee wallets provided by both banks and non ...

Launched by RBI in 2022, CBDC aimed to reduce India's reliance on the dollar and counter cryptocurrencies. Despite lackluster adoption, fintech companies like CRED and MobiKwik are introducing CBDC ...

India has promoted rupee-based trade settlements with key partners The RBI is developing a central bank digital currency (CBDC), part of a process that has seen the country depend less on physical ...

CBDCs or central bank digital currencies are increasingly being studied by entities such as the Bank of Canada for their ...

The GOP Majority Whip said he’s “vehemently against” the project and any other attempt by a state, Republican-led or not, to ...

Digiledge is known for its specialisation in CBDC and bill payments ... The RBI initiated a pilot for the e-rupee, a digital alternative to physical currency, in December 2022.