The rate of change of technology has never been faster than what we are seeing now, and yet it is at its slowest pace ...

The Reserve Bank of India (RBI) has a digital currency under trial, but it may be time for RBI-regulated rupee-pegged ...

The Digital Rupee, with its centralized trust and digital sophistication, and DeFi decentralized innovation can complement and coexist. If done deliberately and thoroughly, both provide a pathway ...

The digital rupee can coexist with cryptocurrencies if policies differentiate their respective uses—CBDCs for sovereign monetary use and private tokens for innovation-based use.

How the digital rupee is different from cryptocurrency? Cryptocurrency and digital rupee are differentiated basis the underlying technology as well as the authority issuing the currency. The digital ...

RBI has said that the retail digital rupee (e-R) pilot will launch on December 1 with four banks - State Bank of India, ICICI Bank, IDFC First Bank and Yes Bank. The project will be run in Mumbai ...

The Reserve Bank of India (RBI) has launched digital Rupee pilot in 4 cities today. The aim is to gradually do away with paper money.

Digital Rupee, also called E-Rupee, denominated as e₹ or eINR, is a tokenised digital version of the Indian Rupee issued and regulated by the RBI. It is built using blockchain distributed-ledger ...

A key use-case for the e-Rupee that has consistently been articulated is the ability to achieve wider penetration in remote areas and to develop low cost, instant cross-border payment solutions.

But the digital rupee is centralised and issued by the central bank. CBDC uses a private blockchain network that has prior permission whereas cryptocurrencies use a permission-less open network.