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Key developments of interest over the last month include: Hong Kong: HKMA issues Discussion Paper on crypto and stablecoins Ireland: Central Bank publishes "Dear CEO" letter on...
By June 2022, India will mandate the deletion of card-on-file details for online transactions, opening space for fintech disruptors for card tokenization.
The Reserve Bank of India on Monday released the framework for facilitating small value digital payments in offline mode, which does not require internet or telecom connectivity.
The central bank has placed the ‘Framework for facilitating small value digital payments in offline mode’ on its official website
The new framework is applicable with immediate effect.