The future of CBDC in India has always been a bit ambiguous ... Should India Go For Wholesale, Retail Or A Hybrid Architecture? China has adopted a hybrid architecture that includes both retail ...

The Reserve Bank of India (RBI) has stated that it would implement its central bank digital currency (CBDC) plans via a graded approach and in step with the country's monetary policy. RBI’s ...

For users without bank accounts, the system would need to provide access points (like that of the m-pesa2 mobile payment system in Kenya) that allow cash-to-CBDC purchases and redemption. The primary ...

India's Crypto Economy is a brand-new weekly ... From the ease of issuance to reducing the settlement risk in the financial system, the CBDC offers a slew of advantages over paper or polymer ...

Indian merchant Software-as-a-Service (SaaS) platform Mintoak has acquired Digiledge, a fintech company specialising in billings and Central Bank Digital Currency (CBDC)-based solutions ...

With the use of central bank digital currency (CBDC) remaining low, the Reserve Bank of India (RBI) is now exploring cash transfer schemes by state governments as a means to promote the digital rupee.

India has promoted rupee-based trade settlements with key partners The RBI is developing a central bank digital currency (CBDC), part of a process that has seen the country depend less on physical ...