India CBDC preliminary trials may commence in December, says RBI governor
As CBDC exploration continues to gain traction around the world, India’s central bank is carefully weighing the advantages of releasing a digital rupee to the country’s citizens. A preliminary central bank digital currency (CBDC) trial by the Reserve Bank of India could begin before the end of the year, according to reports. In an interview […]
Reserved Bank of India plans to launch CBDC model before 2022
The Reserve Bank of India is set to unveil its digital fiat (CBDC) model, the project is to be rolled to by the end of this year according to the bank’s deputy governor. Deputy Governor T. Rabi Sankar announced today that the Reserve Bank of India (RBI) is preparing to unveil its model for operations […]