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The RBI’s reported moves towards encouraging India’s BRICS partners to link their digital currencies with the RBI’s own Central Bank Digital Currency (CBDC) are sensible but one that could pose some risks. According to news reports, the RBI has recommended to the Centre that a proposal connecting the CBDCs of the BRICS countries be made…
Read More “Building bridges: On Central Bank Digital Currency and BRICS” »
Reserve Bank of India Governor Shaktikanta Das. File | Photo Credit: PTI Digital Rupee users will soon be able to execute transactions in areas with limited internet connectivity as the Reserve Bank of India (RBI) on February 8 announced that offline capability will be introduced on the Central bank digital currency (CBDC) pilot project. RBI…
Read More “RBI to introduce offline eRupee transactions soon: Shaktikanta Das” »