Blockchain & crypto news from India
The pilot study of the CBDC has raised curiosity about the new digital currency. While the responses of participants are expectedly tepid and restrained, the question uppermost on everyone’s mind is – how is this better than UPI/Bhim/Paytm? The retail pilot of CBDC is planned on a limited scale, and currently only on invite basis….
Updated: December 3, 2022 India’s Reserve Bank of India is currently running two ongoing pilots to test and evaluate e-Rupee, the CBDC under development. The digital rupee is meant to be a response to the challenges of blockchain-based cryptocurrencies, and aims to take India into the age of virtual money, bringing the country in the…