Brind.

BRICS and the Reserve Bank of India are exploring ways to reduce cross-border payment costs and rolling out the digital rupee pilot scheme.

Steady: 0 in the last 7 days Updated sep 27

The latest in this situation

  1. It was explicitly stated that Central Bank Digital Currencies (CBDCs) are capable of enabling programmable money.
  2. BRICS members integrated payment infrastructure with India's system.

How it started

32 reports, 4 independent, last reported Sep 24. The briefing below covers this first event.

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Well supportedReported by 4 independent outlets

BRICS and the Reserve Bank of India are exploring ways to reduce cross-border payment costs and rolling out the digital rupee pilot scheme.

Who's involved

What this event is mainly about
BRICSReserve Bank of India

How it developed

Newest first. Tap a step to see who reported it.
  1. BRICS members integrated payment infrastructure with India's system.Sub-event
  2. BRICS and central bank representatives are discussing dedicated financial corridors and testing instant payment platforms using CBDCs.Sub-event
  3. RBI pilots CBDC for welfare payments; BRICS members discuss linking payment systems.1 source
  4. BRICS and RBI focus on lowering cross-border payment costs and launching the digital rupee.1 source

Keep exploring

The entities involved

Related events

Coverage

Newest first; wire copies grouped
28 more outlets ran the same wire story