FM Sitharaman Pushes RBI to Sharpen Digital Rupee as Tokenisation Takes Off
She warned that tokenisation and artificial intelligence are moving faster than safeguards, while citing a tokenised bond pilot that settled money and assets instantly.
- On Friday, Finance Minister Nirmala Sitharaman urged the Reserve Bank of India to advance central bank digital currency initiatives while addressing the Global Fintech Fest 2026, citing momentum in tokenisation and artificial intelligence developments.
- Sitharaman highlighted the successful pilot of India's first tokenised corporate bond by REC, demonstrating how CBDC enables simultaneous movement of asset and money legs in transactions.
- While tokenisation offers instantaneous transfers by removing intermediaries, Sitharaman cautioned that "greater transaction speed also means errors, fraud and market shocks could spread."
- She warned that autonomous AI capabilities are outpacing control mechanisms, cautioning that "AI acts as a double-edged sword" enabling both fraud detection and sophisticated cyber attacks.
- Sitharaman proposed a federated industry platform to give the Indian technology sector a collective voice internationally, helping companies navigate regulatory barriers and frame emerging technology rules.
14 Articles
14 Articles
The Economic Times
Times of IndiaFM Sitharaman pushes RBI to sharpen digital rupee as tokenisation takes off
Finance Minister Nirmala Sitharaman urged the Reserve Bank of India to advance digital rupee pilots. She highlighted tokenisation's role in enabling near-instantaneous settlement of financial transactions. Sitharaman advocated for a soft-touch regulatory approach to emerging technologies like artificial intelligence. She warned of AI's risks while emphasizing responsible adoption for competitiveness. Greater coordination among regulators and ind…
Sitharaman Urges RBI To Sharpen Digital Rupee Capabilities Amid Tokenisation Push
Sitharaman said the successful pilot of India's first tokenised corporate bond demonstrated the importance of CBDC in enabling simultaneous movement of the asset and money legs of a transactio
Nirmala Sitharaman Calls For Faster CBDC Progress And Stronger Cybersecurity Measures
Finance Minister Nirmala Sitharaman has urged the Reserve Bank of India to accelerate its central bank digital currency initiatives, emphasising the need to sharpen capabilities with the digital rupee amidst rapid advancements in tokenisation, agentic AI, and quantum computing. She also highlighted critical concerns regarding cybersecurity, warning that autonomous AI systems are evolving rapidly and require robust safeguards. Sitharaman proposed…
Tokenisation is Arriving, RBI Must Sharpen Digital Rupee Capabilities: FM Sitharaman
Get latest articles and stories on Business at LatestLY. Finance Minister Nirmala Sitharaman on Thursday said tokenisation is emerging as a defining development in the financial system and urged the Reserve Bank of India to further develop its Central Bank Digital Currency (CBDC) capabilities as digital assets and financial platforms increasingly expand across borders. Business News | Tokenisation is Arriving, RBI Must Sharpen Digital Rupee Capa…
Tokenisation is arriving, RBI must sharpen digital rupee capabilities: FM Sitharaman - The Tribune
Finance Minister Nirmala Sitharaman on Thursday said tokenisation is emerging as a defining development in the financial system and urged the Reserve Bank of India to further develop its Central Bank Digital Currency (CBDC) capabilities as digital assets and financial platforms increasingly expand across borders.
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