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Central Bank Governor says India’s CBDC has 5 million users and can be introduced gradually
August 26, 2024India’s retail CBDC pilot has seen remarkable success, boasting over 5 million users and the participation of 16 banks. However, the central bank Governor, Shaktikanta Das, has wisely cautioned against…
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Despite the inherent risks, central banks are embracing artificial intelligence (AI) capabilities.
February 1, 2024The Bank for International Settlements (BIS) has released a new report titled “Artificial intelligence in central banking,” which delves into the use cases and risks associated with AI tools in…
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Central Bank Reports Domestic Exchanges Make Up 99.7% of Brazilian Cross-border Crypto Trades
January 12, 2024Please be aware that crypto assets are considered a high-risk asset class and the information in this article is intended for informational purposes only and should not be considered as…
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Bank Indonesia Plans to Trial Central Bank Digital Currency in 2024
January 5, 2024Bank Indonesia (BI) is moving forward with its plans to explore a central bank digital currency (CBDC) in 2024, and is set to conduct full-scale trials in collaboration with major…
