Key Takeaways The Reserve Bank of India (RBI) is advancing its cross-border payments initiative by incorporating central bank digital currencies (CBDCs) for settlements. As per the report, the move aims to enhance the speed and efficiency of international transactions while…
Key Takeaways The Bank of Canada (BOC) recently released a study revealing Canadian consumers’ reservations about adopting a central bank digital currency (CBDC). This comes as the BOC explores a digital Canadian dollar, aiming to gauge public interest and address…
Key Takeaways The Central Bank of Brazil has opened applications for organizations interested in joining the next phase of its central bank digital currency (CBDC) pilot, Drex. From October 14 to November 29, companies can submit their proposals for participating…
Key Takeaways On August 26, the Governor of the Reserve Bank of India, Shri Shaktikanta Das, spoke about the progress of India’s digital rupee initiative adding that Central Bank Digital Currency (CBDC) pilot, which began in late 2022, now has…
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