The Singapore Monetary Authority (MAS) has ultimately chosen 15 companies to assist in the development of retail CBDC. These companies will take part in the Global CBDC challenge and contribute to the development of an in-house retail central bank digital currency. Singapore Central Bank Select 15 retail CBDC Companies According to the MAS release, four…
By December, India Could Start Digital Rupee Trials, Says The Governor Of The Central Bank
Central Bank Governor Shaktikanta Das told CNBC that the Reserve Bank of India may launch its first digital currency trial programs by December. According to Das, the RBI is researching various aspects of digital currency, such as its security, impact on India’s financial sector, and how it would affect monetary policy and currency in circulation.…