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471 e-Rupee: India is about to commence CBDC pilot in phases

Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia · 10/12/2022 00:00 EDT

e-Rupee: India is about to commence CBDC pilot in phases

The phased introduction of a digital currency, known as e-Rupee, will be followed by large scale pilot projects before deciding upon a final design. The RBI is exploring the option of implementation of an account-based  CBDC for the wholesale segment and token-based currency for the retail sector. RBI acknowledged that privacy and data protection takes... Read more »

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