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Ukraine torpedoes G20 policymakers' statement
1 year, 5 months ago

Ukraine torpedoes G20 policymakers' statement

Live Mint  

Countries of the G20 grouping could not agree on a joint statement at the end of a meeting of their finance ministers and central bank governors, as the grinding war in Ukraine continued to polarize the bloc, which counts Russia, China, and the US as members. “China stated that the G20 FMCBG meeting is not the right forum to discuss …

India China Ukraine Russia G20 Members Sitharaman
What is a digital pound and how would I use it?
1 year, 11 months ago

What is a digital pound and how would I use it?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Treasury and the Bank …

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Time is right for a digital rupee
2 years, 1 month ago

Time is right for a digital rupee

Hindustan Times  

Starting this month, the Reserve Bank of India will begin a pilot project that will put a digital rupee, or e ₹, in the hands of individuals. In simple terms, a CBDC is the closest virtual equivalent of cash with the liability for its value resting directly with the central bank, instead of — as is the case at present …

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How India’s crypto industry reacted to Budget 2022
2 years, 11 months ago

How India’s crypto industry reacted to Budget 2022

Live Mint  

Union Finance Minister Nirmala Sitharaman, in her Budget 2022-23 speech on Tuesday, announced plans to start a digital currency and tax crypto assets, as the country keeps pace with the global move toward virtual financial instruments. Here's how India's crypto industry has reacted to Budget 2022: CoinSwitch CEO Ashish Singhal We welcome the government's decision to introduce central bank digital …

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Fed chief says, more important for U.S. to get digital currency right than be first
4 years, 2 months ago

Fed chief says, more important for U.S. to get digital currency right than be first

The Hindu  

In any development of a cross-border digital currency, it is more important for the United States “to get it right than be first,” U.S. Federal Reserve Chair Jerome Powell said on Monday. “We do think it's more important to get it right than to be first and getting it right means that we not only look at the potential benefits …

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