India to kick start its retail CBDC pilot on Dec. 1

The Central Bank of India (CBI) on Tuesday announced the launch date for the first pilot of the country’s retail Central Bank Digital Currency [CBDC] to be on December 1st, 2022. According to the RBI, India’s CBDC, otherwise called Digital Rupee, will be in the form of a digital token and used as legal tender.  … Continue reading India to kick start its retail CBDC pilot on Dec. 1