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Digital Rupee
India expands CBDC project; plans programmability, offline use
In its monetary policy statement of 2024, the Reserve Bank of India revealed that it is looking to enable additional...
India’s Web3 industry expects ‘financial proliferation’ of blockchain technology in 2024
As India warms up to blockchain with the federal government emphasizing its benefits, its Web3 industry experts expect more banks...
India’s CBDC pilot hits 1 million daily transactions amid controversy
Reserve Bank of India achieves a significant milestone as the digital rupee pilot surpasses 1 million daily transactions, but controversies...
India pushes for digital rupee in 2023 as provincial governments explore blockchain use cases
India is shaping to become a major player in the blockchain space, gradually embracing the technology and exploring its endless...
Reserve Bank of India opens talks with US, Hong Kong for cross-border CBDC features
India is eyeing a collaboration with U.S. Federal Reserve and HKMA for cross-border CBDC functionality to enhance international remittances and...
India full-scale wholesale CBDC launch may happen in early 2024: report
After the successful pilot, the Reserve Bank of India may launch a full-scale wholesale central bank digital currency in January...
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