India’s RBI announces pilot launch of ‘Digital Rupee’ for ‘specific use cases’

The Reserve Bank of India, India’s central bank, has notified that its central bank digital currency (CBDC) pilot project will commence tomorrow. Earlier this month, the RBI announced the pilot of Digital Rupee (e₹) for specific use cases. The first pilot in the wholesale segment (e₹-W) will commence on 1 November 2022. Its use case […]