Philip Lane said the prevalence of electronic payments using Apple Pay, Google Pay and PayPal "exposes Europe to risks of ...

E-Commerce Surge--The rise of e-commerce ... and JioMart expanding rapidly. Digital Rupee Pilot--The Reserve Bank of India launched the pilot for Central Bank Digital Currency (CBDC) in 2022 to ...

The Bank of Korea has announced that it will hold trials for its central bank digital currency (CBDC) project from April to June. The bank said the pilot project referred to as “Hangang" will involve ...

Russia’s Central Bank has asked the Republic of Tatarstan to help it test the digital ruble’s smart contracts functions.

Christine Lagarde, President of the European Central Bank, has announced the intent to launch a Digital Euro in October.

In designing central bank digital currencies (CBDCs), it is imperative that central banks carefully consider its legal foundations. As with any form of money, CBDCs require a solid basis under public ...

India's crypto market is witnessing a breathtaking boom, even as the government stays guarded. Stringent taxation, regulatory ...

Almost a third of Russian banks face technological hurdles in their preparation for the digital ruble, according to a new ...

Nearly 30% of Russian banks do not want to adopt digital ruble due to outdated infrastructure, cybersecurity risks, and ...

The European Central Bank (ECB) is struggling to explain why Europeans should adopt a central bank digital currency (CBDC).

“The Subhadra scheme was the first government programme to distribute funds using the digital rupee. Following the success in ...

The recent move by the Tamil Nadu government to replace the Rupee symbol (₹) with the Tamil letter "ரூ" in the state’s budget ...