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India is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems and CBDCs to make cross-border transactions faster and cheaper. The story traces India’s opposition to a new BRICS curren…
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…
Three companies have issued tokenised bonds worth Rs 1,025 crore so far; the pilot will test issuance, holding, trading and settlement using distributed ledger technology
By Nikunj Ohri and Jaspreet Kalra NEW DELHI, Sept 10 (Reuters) - India is pushing to link central bank digital currencies (CBDCs) across BRICS nations for cr...
Sebi has launched Demat 2.0, a pilot for tokenised corporate bonds using distributed ledger technology and wholesale e-rupee settlement. REC, L&T and IIFL have raised Rs 1,025 crore, while future phases will enable trading and retail investor access in India.
Uzbekistan's stablecoin trial could enhance regional financial integration and stability, offering a state-backed alternative to volatile tokens. The post Uzbekistan tests government bond-backed stablecoin HUMO with merchants appeared first on Crypto Briefing.
Italy's proposal could boost small businesses' adoption of digital payments, potentially accelerating the digital euro's integration in the economy. The post Italy proposes no fees for digital euro payments under €10 appeared first on Crypto Briefing.
More than 500 institutional investors, pension funds, and family offices managing a total wealth of over USD 1 trillion will participate in the inaugural iBRICS Summit 2026 here next week, organisers said on Saturday. The two-day summit, convened alongside th…
Over 500 investors managing USD 1 trillion will attend the iBRICS Summit 2026. This event will connect sovereign capital with infrastructure and energy projects. The summit occurs alongside the 18th BRICS Summit in New Delhi next month. It addresses shifti…
Kyrgyzstan's digital asset initiatives could enhance regulatory efficiency and financial innovation, potentially boosting economic growth by 2027. The post Kyrgyzstan plans to digitize crypto licensing and test CBDC by 2027 appeared first on Crypto Briefing.
India's tokenized bond pilot could revolutionize institutional debt markets by enhancing settlement speed, reducing risks, and lowering costs. The post REC seeks bids for up to 5 billion rupees in tokenized bonds appeared first on Crypto Briefing.
Sebi is set to launch Demat 2.0 next week, with REC expected to issue India's first tokenised bond using CBDC-based settlement
Artificial intelligence (AI) agents, stablecoins and tokenized securities put some of the mechanics of digital finance before lawmakers Wednesday (Sept. 2), including how software-driven transactions will be authorized and settled. At a House Financial Servic…
Despite government promotion of digital transactions like UPI and e-Rupee, cash remains prevalent, especially in rural areas and for large-value transactions. While digital payments offer convenience, they have also led to increased cyber fraud and financial …