India’s digital finance system has taken a big leap forward with the Reserve Bank of India (RBI) rolling out the first pilot digital currency or e-rupee but concerns over privacy issues remain unaddressed. In the first phase, the wholesale version of the digital currency has been launched with the participation of nine banks while the […]
The buzzword of the day is ‘CBDC’ or Central Bank Digital Currency (e-rupee) as indicated by the Reserve Bank of India (RBI) in a recent concept paper.
