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Shortly after RBI Deputy Governor’s announcement regarding the soon-to-launch digital currency, HDFC Bank commenced its service of CBDC interoperable QR codes.
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Shortly after RBI Deputy Governor’s announcement regarding the soon-to-launch digital currency, HDFC Bank commenced its service of CBDC interoperable QR codes.
Eurogroup has been meeting regularly to discuss the political dimensions of a digital euro, the statement by the informal body explained.
India's central bank RBI has launched its pilot of the digital rupee (e-rupee), the country's own CBDC, in the wholesale segment
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This article addresses the legal and practical ambiguities in understanding the complex crypto ecosystem in India.
The Biden administration is also exploring introducing a digital dollar.
The finance minister also indicated the government's stance on digital banking and IP-related concerns.
The government first announced its plans for a CBDC in January 2021, but the progress has been sluggish.
He also revealed that the RBI is working out the chinks in its CBDC project, but stopped short of providing a timeline.
Taking stock of projects in advanced stages, the IMF proposed ways to operationalise CBDCs and navigate their risks.
