Reserve Bank of India
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Expanding the User Base of Digital Rupees: CBDC-R
According to reports, two people familiar with the matter stated that the goal of the architect of the Retail Bank of India\’s Digital Currency (CBDC-R) is to expand the user base o
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The Reserve Bank of India seeks to delete clauses to address CBDC’s privacy issues
According to reports, a senior source said that the Central Bank of India is advocating legislation to allow users of its retail Central Bank Digital Currency (CBDC) to delete any transactions in the online ledger to remain anonymous. The Reserve Bank of India (RBI) is currently conducting retail and wholesale CBDC pilot projects. Retail CBDC is currently active in at least 15 cities. According to the source, the latest data shows that more than 100000 customers and 13 banks have participated in the pilot project. Interpretation of this information: The…
