Thus, CBDCs need to provide tangible benefits for users to switch from an already working system. For instance, India’s e-rupee plans to target those who don’t have bank accounts, in contrast to UPI, which enables bank-to-bank transfers. Further, UPI doesn’t permit cross-border transactions, but CBDCs can potentially tackle this issue once a global standard is established.
London Stock Exchange Debuts First Blockchain-Powered Fundraising
The London Inventory Alternate (LSEG) has accomplished its first blockchain-powered transaction, marking the launch of its new digital markets platform....
