According to Bloomberg, India has reached agreements with neighboring Sri Lanka, Bhutan, and Nepal, and plans to include the United Arab Emirates in its cross-border settlement program. India is also exploring the use of a central bank digital currency (CBDC) as the primary settlement mechanism for its cross-border transfer solution.
Nepal's Financial Intelligence Unit (FIU) has found that cryptocurrencies are still widely used to plot cyber fraud despite an official ban on trading digital assets. The FIU is a specialized unit of Nepal's central bank, the National Bank of Nepal, that monitors and combats financial fraud, including money laundering and terrorist financing. The Financial Intelligence Unit (FIU), in its Strategic Analysis Report published on November 18, noted an increase in the use of cryptocurrencies by crimi...
Witnesses say a plane has crashed at Tribhuvan Airport in Kathmandu, Nepal.