Tag: central bank digital currencies
RBI cryptocurrency policy: RBI remains cautious on crypto, backs underlying technology: Governor Sanjay Malhotra
New Delhi: India has maintained a cautious approach towards cryptocurrencies while promoting the underlying technologies such as distributed ledger technology and tokenisation, RBI Governor Sanjay…
India, Russia explore digital currency payments for trade in cross-border breakthrough
India and Russia are working on a mechanism to use digital currencies for bilateral trade settlements, potentially opening a new route for faster and more…
BRICS can boost local-currency trade with deeper financial markets, stronger banking links: Experts
New Delhi: BRICS countries can strengthen trade in local currencies and facilitate cross-border investments by deepening financial markets, strengthening banking linkages and putting in place…
RBI proposes linking BRICS’ digital currencies, sources say
India’s central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which…
Adoption of stablecoins could pose risk to monetary sovereignty: RBI
Mumbai: The Reserve Bank of India on Wednesday said widespread adoption of stablecoins could pose significant risks to India’s monetary sovereignty and financial stability. Stablecoins…