Digital Rupee: RBI Aims To Expand Use Cases, Features Of Retail, Wholesale CBDC
The pilot in CBDC-Retail is proposed to be expanded to more locations and to include more participating banks
Source: news18.com
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RBI says it would expand e-Rupee pilot to include more banks, locations in FY24
In its annual report, the central bank said: "During 2023-24, the RBI aims at expanding the ongoing pilots in CBDC-Retail and CBDC-Wholesale by incorporating various use cases and features."
Source: businesstoday.in
Digital Re pilot to be expanded to other banks, locations
The retail e-Rupee has been launched in denominations of 50 paise, 1, 2, 5, 10, 20, 50, 100, 200, 500 and 2000, while wholesale e-Rupee does not envisage any denomination, the annual report said.
Source: livemint.com
DeSantis bans CBDC in Florida. Central bank digital currency explained
Florida Governor Ron DeSantis signed a bill (HB 7049) Friday banning any central bank digital currency (CBDC) issued by the U.S. for use in Florida.
Source: pnj.com
What we know: DeSantis signs legislation to promote financial privacy
Gov. Ron DeSantis signed two new pieces of legislation Friday morning, banning CBDCs and credits cards from using a code to track firearm sales.
Source: news-press.com