BRICS nations explore linking CBDCs and payment systems, RBI chief says

AI Summary BRICS members are exploring plans to connect their CBDCs and fast payment systems, a move that could cut the cost of moving money between the bloc’s economies, Reserve Bank of India Governor Sanjay Malhotra said on Tuesday. Malhotra spoke at an event in Mumbai, where he described cross-border transfers as one of the priorities the... fulltext: 341 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/brics-cbdcs-payment-systems-rbi-governor/ Source: CryptoPolitan