Reserve Bank Governor Shaktikanta Das believes that Central Bank Digital Currency (CBDC) can be instrumental in facilitating cross-border payments. The RBI has conducted successful pilot projects on CBDC, leading to the conviction that it can be an effective mode for cross-border transactions. Das emphasized that while paper currency will continue to exist, CBDC will be the future currency worldwide.
Nigerians urged to adjust tastes to address forex crisis – The Sun Nigeria sunnewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunnewsonline.com Daily Mail and Mail on Sunday newspapers.
CAPITALISING ON AFRICA S ECONOMIC INTEGRATION: MULTIGATE ATTAINS MONEY REMITTANCE BUSINESS LICENSES FOR UGANDA AND NIGERIA techcabal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcabal.com Daily Mail and Mail on Sunday newspapers.
India and Bangladesh have signed three Memorandums of Understanding (MoUs) to enhance commercial ties and cooperation in agricultural research and education. One MoU is between NPCI International Payments Limited and Bangladesh Bank, which aims to facilitate cross-border transactions and the acceptance of RuPay Card in Bangladesh.
JPMorgan explores blockchain-based deposit token to speed up cross-border payments kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.