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The Reserve Bank of India (RBI) has recently scaled the pilot of Central Bank Digital Currency (CBDC) or e-rupee for the retail sector. The central bank has received "very satisfactory" feedback and after the pilot, the digital currency…

The Reserve Bank of India this week launched the digital rupee on a pilot basis.  | Photo Credit: FRANCIS MASCARENHAS The story so far: The Reserve Bank of India this week launched the digital rupee on a pilot basis. The digital currency…

The pilot project for central bank digital currency (CBDC) in the retail segment went live on Thursday with the Reserve Bank of India (RBI) issuing Rs 1.71 crore to four participating banks based on their indents. The central bank has…

Bitcoin on December 1, Thursday, opened trading with a small gain of 1.02 percent. The overall crypto market resembled a mix-bag of reds and greens, with more cryptocurrencies reflecting small profits. As per Gadgets 360's crypto price…

India's central bank RBI will launch the country's first pilot for a retail e-rupee on December 1st (Tuesday). The e-rupee will be the Reserve Bank of India's version of the central bank digital currency (CBDC) and will cover select…

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The RBI refuses to classify cryptocurrency as an asset since it doesn't have future cash flow and its value is always fluctuating because of speculation.There is also no consumer protection, observes Tamal Bandyopadhyay, and hence the…

Tribune News Service New Delhi, November 2The RBI will conduct a trial of the Central Bank Digital Currency (CBDC) or e-rupee on the retail side this…