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- Dear Mom, Forget the Cash by TOMMASOMy dear mother, I hope this letter finds you well, back in Italy. We are fortunate to have just visited; now we’ll go back to seeing each other on screen for a few months. Still, how far we’ve come since the immigrants of the last century who could only write letters—and hope they would eventually arrive. And yet, as I unpacked, I found remnants of our visit: euro...
- Indian central bank looking at phased launch of its own digital currencyMUMBAI, July 23 (Reuters) - The Reserve Bank of India is considering a phased introduction of its own central bank digital currency (CBDC), deputy governor T. Rabi Shankar said, and is examining various issues including the underlying technology and issuance method. "CBDCs are likely to be in the arsenal of every central bank going forward. Setting this up will require careful calibration and a...