Reserve Bank of India’s CBDC enhancements aim to boost adoption
The Reserve Bank of India is planning upgrades for its digital rupee to encourage wider adoption, including offline payments and integration with Unified Payments Interface.
The Reserve Bank of India is planning upgrades for its digital rupee to encourage wider adoption, including offline payments and integration with Unified Payments Interface.
Firms offering digital currency services in India are now covered by the PMLA of 2002, under which they are mandated to make proper disclosures with the FIU-IND and comply with KYC rules.