CBDC Trials Expanding to 50,000 Users in India, RBI Backs Cautious Approach: Report

CBDC trials in India have been expanded to 50,000 testers, and the RBI has temporarily halted onboarding newer testers. The central bank of India aims to take a slow and steady approach around its digital rupee. In the last two months, over 770,000 transactions have been facilitated via the digital rupee so far in select cities.

source https://www.gadgets360.com/cryptocurrency/news/cbdc-trial-india-rbi-expanded-50000-users-cautious-approach-central-bank-digital-currency-3777638#rss-gadgets-all

Atanu Das

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