The country launched an e-rupee pilot for the wholesale segment on November 1.
Recent CBDC News
The National Bank of Kazakhstan decided to integrate its upcoming digital tenge into BNB Chain.
The youngest prime minister in modern UK history is a crypto believer.
SWIFT's CBDC experiment suggested that such monetary products can facilitate cross-border transactions and benefit the global financial network.
As part of the experiment, several central banks participated in the mBridge project, a multi-CBDC platform for international payments.
Stablecoins have the potential to "revolutionize both domestic and cross-border payments," Mhel Plabasan claimed.
"The so-called 'crypto-winter' is no reason for complacency or inaction," Villeroy stated.
Russia has been doubling down on crypto usage to overcome the odds arising out of Western sanctions after the Ukraine
A hypothetical CBDC would include privacy protection, but also verify users’ identities, according to Jerome Powell.
Australia's central bank partnered with the DFCRC to introduce a White Paper of its CBDC.