MUMBAI: India central bank has proposed linking the official digital currencies of BRICS countries to facilitate cross-border trade and tourism payments, potentially reducing reliance on the US dollar amid rising geopolitical tensions. The recommendation was made by the Reserve Bank of India (RBI) to the government ahead of India hosting the 2026 BRICS summit. Read […]
CBDC
Pakistan urged to regulate crypto, explore digital rupee
ISLAMABAD: Pakistanis are estimated to have invested between $20-30 billion in asset-backed crypto instruments, with trading potentially reaching $300 billion — nearly the size of the country’s $400 billion GDP, experts told the Sustainable Development Policy Institute (SDPI) Conference on Friday. The figures, they stressed, remain indicative due to the absence of a legal framework […]