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Russia’s largest bank, Sberbank on Friday said that it sees major opportunities for India-Russia bilateral trade settlements through CBDCs. The bank also plans to open 10 branches in India.
Sensex, Nifty, Stock Price Highlights: Benchmark indices Sensex and Nifty ended marginally lower on Friday after registering sharp losses during the day following a drop in crude oil prices and buying in blue-chip HDFC Bank and IT stocks.
Finance Minister Nirmala Sitharaman urged the Reserve Bank of India to advance digital rupee pilots. She highlighted tokenisation's role in enabling near-instantaneous settlement of financial transactions. Sitharaman advocated for a soft-touch regulatory appr…
BRICS Summit 2026: the summit will begin at 2:35 pm on Saturday with a closed-door session for BRICS member countries themed “Inclusive Global Governance and Strengthening Multilateralism.” On Sunday, leaders from BRICS member states, partner nations, and o…
India is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems and CBDCs to make cross-border transactions faster and cheaper. The story traces India’s opposition to a new BRICS curren…
Finance Minister Nirmala Sitharaman highlighted artificial intelligence as a double-edged sword for financial systems. She advocated for a soft-touch regulatory framework for emerging technologies and innovation. The minister urged the Reserve Bank of India t…
Three companies have issued tokenised bonds worth Rs 1,025 crore so far; the pilot will test issuance, holding, trading and settlement using distributed ledger technology
By Nikunj Ohri and Jaspreet Kalra NEW DELHI, Sept 10 (Reuters) - India is pushing to link central bank digital currencies (CBDCs) across BRICS nations for cr...
Sebi has launched Demat 2.0, a pilot for tokenised corporate bonds using distributed ledger technology and wholesale e-rupee settlement. REC, L&T and IIFL have raised Rs 1,025 crore, while future phases will enable trading and retail investor access in India.
Uzbekistan's stablecoin trial could enhance regional financial integration and stability, offering a state-backed alternative to volatile tokens. The post Uzbekistan tests government bond-backed stablecoin HUMO with merchants appeared first on Crypto Briefing.
Italy's proposal could boost small businesses' adoption of digital payments, potentially accelerating the digital euro's integration in the economy. The post Italy proposes no fees for digital euro payments under €10 appeared first on Crypto Briefing.
More than 500 institutional investors, pension funds, and family offices managing a total wealth of over USD 1 trillion will participate in the inaugural iBRICS Summit 2026 here next week, organisers said on Saturday. The two-day summit, convened alongside th…
Over 500 investors managing USD 1 trillion will attend the iBRICS Summit 2026. This event will connect sovereign capital with infrastructure and energy projects. The summit occurs alongside the 18th BRICS Summit in New Delhi next month. It addresses shifti…
Kyrgyzstan's digital asset initiatives could enhance regulatory efficiency and financial innovation, potentially boosting economic growth by 2027. The post Kyrgyzstan plans to digitize crypto licensing and test CBDC by 2027 appeared first on Crypto Briefing.
India's tokenized bond pilot could revolutionize institutional debt markets by enhancing settlement speed, reducing risks, and lowering costs. The post REC seeks bids for up to 5 billion rupees in tokenized bonds appeared first on Crypto Briefing.