Tag: cbdc
cbdc: Targeting 1 million CBDC users by June end: RBI
Mint Road is targeting one million central bank backed digital currency (CBDC) users by the end of this month, it said on Thursday. While it…
Digital Rupee: RBI plans to expand CBDC pilot to include more banks and locations
The Reserve Bank of India (RBI) wants to expand the ongoing pilot of the Central Bank Digital Currency (CBDC) and incorporate various use cases and…
RBI’s testing labs for e-rupee
(This story originally appeared in on Feb 20, 2023) Jostling your way through the thick flow of tourists and hawkers in the narrow, congested lanes…
digital rupee: Digital currency has 50,000 users, 5,000 merchants: RBI
Mumbai: The recently launched retail central bank digital currency (CBDC) pilot has 50,000 users and 5,000 merchants, the RBI said on Wednesday. “We want the…
eRupee can’t be turned into cash directly, for now
(This story originally appeared in on Jan 19, 2023) Mumbai: Currency notes cannot be directly exchanged for central bank digital currency (CBDC), or the eRupee….
union budget 2023: Budget 2023: How to make RBI’s digital rupee a success
The Central Bank Digital Currency (CBDC) is a digital form of currency notes issued by a central bank. The Reserve Bank of India’s (RBI) retail…