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Emerging Markets in Asia Are Rushing to Adopt Central Bank Digital Currencies

For countries like China, India, and Indonesia, CBDCs offer tempting solutions to several issues – including the dominance of the U.S. dollar. ....

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RBI Launches Retail Digital Rupee Pilot in 4 Cities. 10 Things to Know About New Virtual Currency

The RBI said users will be able to transact with the digital rupee through a digital wallet offered by the participating banks and stored on mobile phones/devices. ....

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RBI To Start Pilot of Retail Digital Rupee on December 1

Users will be able to transact with e-rupee through a digital wallet offered by the participating banks and stored on mobile phones or devices, the central bank said. ....

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No difference between RBI digital rupee, normal rupee, says Shaktikanta Das

"RBI Digital Rupee will be launched in the year 2022-23. We can’t predict a timeline for its release yet," Governor Shaktikanta Das said. ....

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India's digital currency to debut by early 2023

Finance Minister Nirmala Sitharaman in her budget speech last week talked about launching a central bank-backed 'digital rupee' soon ....

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