Sitharaman Urges RBI To Sharpen Digital Rupee Capabilities Amid Tokenisation Push
She warned that tokenisation and artificial intelligence are moving faster than safeguards, while citing a tokenised bond pilot that settled money and assets instantly.
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8 Articles
Sitharaman Urges RBI To Sharpen Digital Rupee Capabilities Amid Tokenisation Push
Sitharaman said the successful pilot of India's first tokenised corporate bond demonstrated the importance of CBDC in enabling simultaneous movement of the asset and money legs of a transactio
Nirmala Sitharaman Calls For Faster CBDC Progress And Stronger Cybersecurity Measures
Finance Minister Nirmala Sitharaman has urged the Reserve Bank of India to accelerate its central bank digital currency initiatives, emphasising the need to sharpen capabilities with the digital rupee amidst rapid advancements in tokenisation, agentic AI, and quantum computing. She also highlighted critical concerns regarding cybersecurity, warning that autonomous AI systems are evolving rapidly and require robust safeguards. Sitharaman proposed…
Tokenisation is Arriving, RBI Must Sharpen Digital Rupee Capabilities: FM Sitharaman
Get latest articles and stories on Business at LatestLY. Finance Minister Nirmala Sitharaman on Thursday said tokenisation is emerging as a defining development in the financial system and urged the Reserve Bank of India to further develop its Central Bank Digital Currency (CBDC) capabilities as digital assets and financial platforms increasingly expand across borders. Business News | Tokenisation is Arriving, RBI Must Sharpen Digital Rupee Capa…
Tokenisation is arriving, RBI must sharpen digital rupee capabilities: FM Sitharaman - The Tribune
Finance Minister Nirmala Sitharaman on Thursday said tokenisation is emerging as a defining development in the financial system and urged the Reserve Bank of India to further develop its Central Bank Digital Currency (CBDC) capabilities as digital assets and financial platforms increasingly expand across borders.
FM Sitharaman urges RBI to ‘sharpen capability’ of digital Rupee platform
Digital Desk | Mumbai, Sep 11 (IANS) Union Finance Minister Nirmala Sitharaman on Friday urged the Reserve Bank of India to bolster the country’s digital rupee platform and boost both wholesale and retail central bank digital currencies. Addressing the Global Fintech Fest here, FM Sitharaman said the central bank should “sharpen capability with digital rupee.” Reflecting on the theme of GFF, the finance minister warned THAT Artificial Intelli…
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