Digital Rupee

India’s Central Bank Set To Launch Wholesale CBDC Pilot On November 1

The RBI will roll out the first pilot in the Digital Rupee wholesale segment on November 1. The use of the wholesale CBDC pilot is to improve efficiency in settling market transactions.

India’s Central Bank To Adopt CBDCs In A Bid To Combat Crypto Threat

India move to CBDC as a measure to eliminate the perceived threat of cryptocurrencies.