Stay updated with the latest news on currencies in the news and current affairs for 2025. This includes new digital payments, crypto updates, e₹ (digital rupee), and smart banking tools. These topics are important for the General Awareness section in many exams.
In this post, you’ll find easy one-liners about the latest news in banking, digital currency, and crypto trends. Stay updated, revise fast, and get exam-ready with the most important currency-related current affairs for 2025!
Currencies in the News 2025
June 2025
◾ Bangladesh has released new currency notes that no longer feature the portrait of the country’s founding father, Sheikh Mujibur Rahman, marking a significant design change by the central bank.
◾ Bulgaria is set to become the 21st member of the euro currency union, advancing the European Union’s goal of deeper economic and monetary integration among its member states.
🔹 The Eurozone currently includes 20 countries: Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
🔹 The euro was introduced in 1999 as a shared accounting currency among 11 EU nations and replaced national notes and coins in 2002.
🔹 The European Central Bank (ECB) manages the monetary policy for euro-using countries, playing a role similar to the US Federal Reserve.
January to May 2025
◾ Bhutan has become the first country in the world to implement a national-level crypto payment system specifically for the tourism sector.
◾ Coinbase Global has become the first digital asset company to be included in the S&P 500 index.
- India renewed a $75 billion bilateral currency swap agreement with Japan to enhance financial cooperation and global financial stability.
- Tether (USDT) is not included in the newly announced United States ‘Crypto Strategic Reserve’, which comprises BTC, ETH, XRP, SOL, and ADA.
- BHIM 3.0 launched ‘BHIM Vega’, an in-app seamless payment solution for merchants, enabling instant payments without switching apps.
- Super.money acquired checkout financing platform ‘BharatX’ to offer checkout financing for D2C and e-commerce brands via credit lines on UPI.
- MobiKwik and Cred have launched an e₹ wallet, becoming the first non-banks to offer CBDC (Central Bank Digital Currency).
- Paytm Money Limited introduced India’s first solar-powered payment device for UPI and RuPay Credit Card payments via QR code.
- Birla Institute of Management Technology (BIMTECH) has launched ‘BIMCOIN’, a blockchain-based digital currency designed exclusively for its campus ecosystem.
Additional Information:
- Purpose: BIMCOIN facilitates secure, transparent, and instant transactions among students, vendors, and administrators through a permissioned blockchain platform.
- Educational Integration: Beyond serving as a payment solution, BIMCOIN provides students with hands-on experience in blockchain technology and digital currencies, preparing them for careers in fintech.
- Pilot Success: BIMCOIN completed over 1,100 transactions in its pilot phase, addressing challenges such as technical integration and user onboarding through iterative testing and user training.
- Future Plans: BIMTECH plans to incorporate BIMCOIN into its academic curriculum through courses on blockchain, fintech, and digital innovation, further reinforcing its commitment to advancing education in financial technologies.
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