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.
US Military Action Against Iran Exposes Split Between Polymarket and Kalshi Models
US and Israeli strikes on Iran over the weekend despatched shockwaves by prediction markets, exposing sharp operational contrasts as a...
