central bank digital currency Archives

e-Rupee in circulation grows to ₹1,016 crore; RBI explores cross-border CBDC pilots

May 29, 2025May 29, 2025cpooldigitalLeave a Comment

“The RBI is exploring the commencement of CBDC pilots on cross-border payments,” it said in the annual report. File | Photo Credit: Reuters “The value of Central Bank Digital Currency (CBDC) or e-rupee in circulation jumped to ₹1,016 crore at the end of March 2025 from ₹234 crore in the year-ago period,” the Reserve Bank […]

Don’t create ‘fear psychosis’ on privacy concerns: RBI governor Shaktikanta Das

December 7, 2022December 7, 2022cpooldigitalLeave a Comment

Reserve Bank of India governor Shaktikanta Das, at a press conference at the RBI head office, in Mumbai, on December 7, 2022. | Photo Credit: AP Asserting that the newly-introduced Central bank digital currency (CBDC) does not leave any trail with a bank, RBI governor Shaktikanta Das on December 7 said there is no need […]

Central Bank Digital Currency is going to be a major transformation in the way business is done: RBI Governor Shaktikanta Das

November 2, 2022November 2, 2022cpooldigitalLeave a Comment

“Will to try and launch the CBDC in a full-fledged manner in the near future,” says Reserve Bank of India Governor Shaktikanta Das “Will to try and launch the CBDC in a full-fledged manner in the near future,” says Reserve Bank of India Governor Shaktikanta Das Reserve Bank of India (RBI) Governor Shaktikanta Das said […]

Demonetisation behind the buoyancy in tax collections, says RBI MPC member

October 23, 2022October 23, 2022cpooldigitalLeave a Comment

Demonetisation enhanced digitisation and formalization in the economy and reduced tax evasion, said Ashima Goyal Demonetisation enhanced digitisation and formalization in the economy and reduced tax evasion, said Ashima Goyal RBI Monetary Policy Committee (MPC) member Ashima Goyal has attributed the rise in tax collections to demonetisation and said that it will help the nation […]

Explained | RBI’s concept note on introducing CBDCs

October 15, 2022October 15, 2022cpooldigitalLeave a Comment

The RBI floated a concept note delving into the risks and benefits of introducing Central Bank Digital Currencies (CBDCs) in India as part of their phased implementation strategy The RBI floated a concept note delving into the risks and benefits of introducing Central Bank Digital Currencies (CBDCs) in India as part of their phased implementation […]

European Central Bank steps in as banks dip toes in cryptocurrency and blockchain pool

August 18, 2022August 18, 2022cpooldigitalLeave a Comment

The ECB said banks were also considering whether to get involved in the crypto sector The ECB said banks were also considering whether to get involved in the crypto sector The European Central Bank (ECB) said on Wednesday it would harmonise how banks offer cryptoassets to ensure they have enough capital and expertise in a […]

Why are regulators swooping down on stablecoins?

July 26, 2022July 26, 2022cpooldigitalLeave a Comment

As regulators train their sights on stablecoins, what should people know about this asset class As regulators train their sights on stablecoins, what should people know about this asset class The story so far: In early July, the Financial Stability Board (FSB), a body which advises major economies on international finance, promised to push for stablecoin […]

China vows privacy, information protection in using digital yuan

July 25, 2022July 25, 2022cpooldigitalLeave a Comment

Beijing is strongly encouraging adoption of the e-CNY central bank digital currency with trials and pilot schemes Beijing is strongly encouraging adoption of the e-CNY central bank digital currency with trials and pilot schemes China will fully respect privacy and protect personal information in using the digital yuan, state media quoted a senior central bank […]

Privately issued but regulated digital currencies have benefits, say central bank chiefs

July 18, 2022July 18, 2022cpooldigitalLeave a Comment

The benefits would hinge on how such private companies issuing digital assets are regulated The benefits would hinge on how such private companies issuing digital assets are regulated Consumer-focused digital tokens issued by private companies could be better than central bank-issued tokens assuming the companies can be regulated appropriately, the Australian central bank governor said […]

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