India - Digital Pound Foundation

RBI Reportedly In Talks With Four Public Sector Banks To Launch Digital Currency This Year

Original Source: India Times India’s central bank, the Reserve Bank of India (RBI), has reportedly asked four public sector banks to run a pilot Central Bank Digital Currency (CBDC) project ahead of a possible rollout in this financial year. RBI is also said to be holding consultations with a clutch of fintech companies. The list of […]

Explained: CBDC, the ‘digital rupee’ that RBI could introduce this year, and how it will help

Original Source: The Indian Express Reports on Monday (August 22) said the Reserve Bank of India’s (RBI) digital rupee — the Central Bank Digital Currency (CBDC) — may be introduced in phases beginning with wholesale businesses in the current financial year. In her Budget speech on February 1, Finance Minister Nirmala Sitharaman had said that the central […]

Phased implementation of digital currency for wholesale, retail segments in the works: RBI official

Original Source: The Hindu The Reserve Bank of India (RBI) is in the process of implementing the Central Bank Digital Currency (CBDC) in a phased manner for wholesale and retail segments, an official said on Wednesday. The introduction of CBDC was announced in the Union Budget 2022-23, by Finance Minister Nirmala Sitharaman and necessary amendments […]

CBDC Launch To Be Gradual To Avoid Disruption In Banking, Financial System: RBI

Phased introduction of Indian CBDC to start this financial year

Budget speech proposes the introduction of a Digital Rupee starting 2022-23

Digital Currencies and Stablecoins: Risks, Opportunities, and Challenges Ahead

Impending arrival – a sequel to the survey on central bank digital currency

Proceeding with caution – a survey on central bank digital currency

CPMI Markets Committee Report

About the Foundation

Whilst most CBDC experiments have involved private sector technology providers, the overwhelming majority of these experiments, to date, have not involved participation from other private sector actors. The Digital Pound Foundation is unique in proposing a model whereby the public and private sectors can fully engage in the design, development and adoption of a digital Pound, thus contributing to its successful roll-out and helping drive forward the UK’s transition to a digital economy.

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Collaborate with other members through our various working groups, discussing and building concepts around use cases and payments, innovative approaches to privacy, identity, and sustainability, and addressing legal and regulatory concerns collaboratively. Join our events, both in-person and online, and participate across our panel discussions, roundtables, and webinars. Meanwhile, our audience is large and growing quickly, providing members with additional outlets to share and amplify their latest news and developments.