India Pushes CBDC, China Bets on AI, Japan Eyes Payments Boom
In our Crypto Asia News roundup for the week, we see how Asia’s crypto landscape is undergoing a rapid transformation. There is now state-backed innovation happening, strategic partnerships are being made and there is a rising institutional momentum at play. From CBDCs to AI-powered platforms and payment integrations, there is something new happening everyday.
Here’s are the big hitters from this week.
India is doubling down on its CBDC program and has maintained its tough stance on private cryptocurrencies.
According to a local publication, Union Minister Piyush Goyal announced that the Indian government will intensify its efforts around the Reserve Bank of India’s (RBI) Digital Rupee. He cited benefits like faster…