Reserve Bank of India – Page 10

India CBDC pilot may commence in December, says RBI governor

India’s central bank is carefully considering the merits of issuing a digital rupee as CBDC exploration continues to gather steam across the globe.

Users will be able to earn yield paid in BTC on all the rewards they’ve accumulated through the app.

RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo.

The bank has also asked users not to invest any fiat currency that may have links to previous cryptocurrency investments.

India’s crypto exchanges continue to cope with the burden of limited access to banking services.

India’s crypto exchanges continue to cope with the burden of limited access to banking services.