Singapore launches expanded initiative for cross-border usage of digital currency

Nov 04, 2022

The enhanced initiative is named Ubin+, which will strengthen Singapore's capabilities to use digital currency-based infrastructure for cross-border transactions.

RBI, UAE Central Bank sign MoU to facilitate cross-border CBDC transactions

Mar 18, 2023

Under the MoU, the two central banks will collaborate on various emerging areas of fintech, especially central bank digital currencies (CBDCs) and explore interoperability...

UPI merchant transactions in Nepal cross 100,000 milestone

Aug 11, 2024

NPCI International Payments Limited (NIPL) has achieved a major milestone by surpassing 100,000 cross-border Unified Payments Interface (UPI) Person-to-Merchant (P2M) transactions in Nepal, the...

India, UAE sign MoUs to promote use of local currencies for cross-border transactions

Jul 15, 2023

Prime Minister Narendra Modi said, "This is a very important aspect of India-UAE cooperation. It paves the way for enhanced economic collaboration and will...

Majority of narcotic drugs in India coming from Pakistan through cross border transactions: Survey

Sep 30, 2020

New Delhi [India], September 30 : India has witnessed several instances of increased availability of narcotic drugs in the last one decade and the...

RBI inks treaty for cross border transactions with Maldives to promote use of local currencies

Nov 22, 2024

The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) signed a Memorandum of Understanding (MoU) in Mumbai to establish a framework...