rbi cbdc cross-border settlements: RBI in CBDC talks with US & Hong Kong, Swift
India’s banking regulator is in discussions with its counterparts in the US and Hong Kong, and the Society for Worldwide Interbank Financial Telecommunications (Swift), to assess the feasibility of quick and inexpensive digital cross-border settlements that will likely involve transacting through central bank digital currencies (CBDC), sources close to the development told ET. An internal … Read more