The retail digital rupee will be introduced on December 1, 2022, as the Reserve Bank of India (RBI) said today. Eight banks have been chosen by the central bank to take part in this trial in stages. A digital token that stands in for legal cash will be used to represent the retail digital Continue Reading
In an effort to test digital currency in India, the Reserve Bank of India announced today that it will shortly start a trial rollout of the digital rupee, or e-Rupee, for particular use cases. In a concept note on Central Bank Digital Currency, the central bank stated, “As the range and scope of such pilot […]Continue Reading