Former Reserve Bank of India Deputy Governor SS Mundra is not optimistic about the success of the central bank digital currency (CBDC) or electronic form of rupee, despite the central bank’s efforts to popularise it. “If we talk about CBDC vis-a-vis UPI (united payments interface), usage of UPI is already prevalent and I don’t see … Read more
Governor Shaktikanta Das on Monday said that permanent deletion of transactions can make the e-rupee or central bank digital currency (CBDC) become anonymous and make it at par with paper currency. Speaking at the BIS Innovation Summit, Das said India is also working on making the CBDC transferable in the offline mode along with introducing … Read more
Former President Trump vowed Wednesday night to block the creation of a federal digital currency, calling it a “dangerous threat to freedom.” “Tonight, I am also making another promise to protect Americans from government tyranny,” Trump said at a rally in Portsmouth, N.H. “As your president, I will never allow the creation of a central … Read more
