India’s financial landscape is undergoing a remarkable transformation as digital currency gains traction among businesses, consumers, and policymakers. From everyday payments to cross-border ...

The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...

In the evolving landscape of global finance, Central Bank Digital Currencies (CBDCs) have emerged as a pivotal innovation. At its core, a digital currency is simply money in a digital form, much like ...

Japan has long been known for its love of cash, but that is rapidly changing. From just 13.2 per cent in 2010, cashless payments made up 42.8 per cent of all transactions by 2024, exceeding the ...

South Korea is actively laying the groundwork for its digital currency future. The Bank of Korea recently proposed the creation of “deposit tokens”—stablecoins backed by the Korean won and issued in ...