Currencies

October 9, 2025
Noah
Currencies

Indians Using Central Bank Digital Currency Cross 70 Lakh, RBI In “No Hurry” For Rollout

Mumbai: Over 70 lakh Indians currently use the central bank digital currency (CBDC) as part of its pilot project, and the Reserve Bank is in “no hurry” for a...

October 9, 2025
Noah
Currencies

Top 10 weakest currencies in Africa, naira ranks ninth — Forbes

The Nigerian Naira has been ranked as the ninth weakest currency in Africa, according to a Forbes currency calculator report for September 2025. The development reflects continued pressure on...

October 9, 2025
Noah
Currencies

Global Fintech Fest 2025: PFRDA to expand NPS coverage to gig workers, farmers, SHGs; may allow commodity investments

S Ramann, chairperson Pension Fund Regulatory and Development Authority (PFRDA) (file photo) In a bid to modernise India’s pension framework and expand its reach, the Pension Fund Regulatory and...

October 9, 2025
Noah
Currencies

Hargreaves Lansdown warns UK retail investors on crypto despite FCA U-turn

Stay informed with free updates Simply sign up to the Cryptocurrencies myFT Digest — delivered directly to your inbox. Hargreaves Lansdown has warned UK investors over exposure to cryptocurrencies,...

October 9, 2025
Noah
Currencies

RBI launches digital currency retail sandbox

In a significant push towards digital financial innovation, Reserve Bank of India (RBI) on Wednesday launched a sandbox of retail Central Bank Digital Currency, allowing fintech firms to build...

October 9, 2025
Noah
Currencies

UK Central Bank Eyes Stablecoins to Reduce Reliance on Banks

Bank of England (BoE) Governor Andrew Bailey suggested that stablecoins could reduce the United Kingdom’s reliance on commercial banks, signaling a potential shift in the central bank’s stance toward...

October 9, 2025
Noah
Currencies

GIFT City mulls expanding Foreign Currency Settlement System to include Euro, GBP & more

The Foreign Currency Settlement System (FCSS) launched recently at GIFT City is set to expand soon, with plans to support multiple global currencies such as the Euro and British...

October 9, 2025
Noah
Currencies

UK investors will be able to put crypto products in Isas

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK investors will be allowed to hold cryptocurrency exchange...

October 9, 2025
Noah
Currencies

Is the Old Lady ready to embrace new money?

Bank of England governor Andrew Bailey, a consistent sceptic when it comes to crypto, used a recent Financial Times opinion piece to signal that stablecoins are now firmly on...