India trials RBI-backed digital food coupons for PDS, enhancing efficiency and reducing leakages. Pilot programme begins in ...
India is piloting a digital food currency, a Central Bank Digital Currency (CBDC), for its free ration scheme in select ...
China has made its CBDC interest-bearing, reshaping incentives for users and banks. The decision could force global central banks to rethink CBDC design.
The UAE has joined the global CBDC race, officially launching its Digital Dirham pilot. Over 130 countries — representing 98% of global GDP — are developing or testing CBDCs. Only four countries have ...
South Korea's 7-Eleven stores are now accepting the Bank of Korea’s central bank digital currency (CBDC) as part of a limited-time test that runs through June. The company is participating in the ...