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India’s Central Bank Reveals 50,000 Users and 5,000 Merchants Now Using Digital Rupee

India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using its central bank digital currency (CBDC). Digital rupee transactions are…

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Indian Central Bank RBI Begins First Digital Rupee Pilot Today

India’s central bank, the Reserve Bank of India (RBI), is launching its first digital rupee pilot on Nov. 1. with the participation of nine banks. “Settlement in central bank money…

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