News
3,644 articles tracked
India explores CBDC links with Thailand, Malaysia and Vietnam for cross-border paymentsmoneycontrol.com
The latest BRICS declaration emphasizes interoperable payment systems and local currency settlement. It explicitly avoids proposing a common BRICS currency or linking central bank digital currencies. This approach acknowledges the impracticality of a unified …
In an innovative move, Sebi has rolled out Demat 2.0, a pilot scheme aimed at tokenising corporate bonds. This initiative facilitates rapid settlement and instant fund retrieval for investors. It automates interest and redemption payments through smart contra…
With the Federal Reserve and the Bank of Japan set to make pivotal interest rate decisions against a backdrop of escalating energy prices, global financial markets brace for change. Meanwhile, BRICS leaders convene in India to explore the integration of centr…
The challenge for India lies in navigating complex landscape to its best advantage. The BRICS Summit will test its navigation skills, asserts former foreign secretary Shyam Saran.
The global financial plumbing is undergoing a simultaneous, high-stakes renovation, with two distinct blueprints emerging from opposite ends of the system. The Diplomatic Delay At the 18th BRICS Summit in New Delhi this week, the conversation turned toward th…
SEBI’s Demat 2.0 pilot brings tokenised corporate bonds, CBDC settlement and smart contracts. Here’s what changes for investors and what stays the same.
Finance Minister Nirmala Sitharaman highlighted artificial intelligence as a double-edged sword for financial systems. She advocated for a soft-touch regulatory framework for emerging technologies and innovation. The minister urged the Reserve Bank of India t…
Demat 2.0 can allow investors to receive tokenised bonds instantly against payments made through the central bank digital currency (CBDC), significantly reducing the time gap in securities settlement, NSDL Managing Director Vijay Chandok said, while noting th…
India's Demat 2.0 pilot could revolutionize the bond market by enhancing efficiency, reducing risks, and paving the way for broader digital finance. The post India’s SEBI Demat 2.0 pilot raises over $100M in tokenized bonds settled via wholesale CBDC appeared…
Accelerated CBDC adoption could revolutionize India's financial system, enhancing efficiency but also posing risks like faster fraud and errors. The post India’s finance minister urges Reserve Bank to expand CBDC adoption appeared first on Crypto Briefing.
Russia’s largest bank, Sberbank on Friday said that it sees major opportunities for India-Russia bilateral trade settlements through CBDCs. The bank also plans to open 10 branches in India.
Sensex, Nifty, Stock Price Highlights: Benchmark indices Sensex and Nifty ended marginally lower on Friday after registering sharp losses during the day following a drop in crude oil prices and buying in blue-chip HDFC Bank and IT stocks.
Finance Minister Nirmala Sitharaman urged the Reserve Bank of India to advance digital rupee pilots. She highlighted tokenisation's role in enabling near-instantaneous settlement of financial transactions. Sitharaman advocated for a soft-touch regulatory appr…
BRICS Summit 2026: the summit will begin at 2:35 pm on Saturday with a closed-door session for BRICS member countries themed “Inclusive Global Governance and Strengthening Multilateralism.” On Sunday, leaders from BRICS member states, partner nations, and o…