Market News Top Crypto News India Pushes Ahead With E-Rupee Trials – Top Crypto Updates India pushes ahead with E-Rupee trials India is pushing ahead with plans to launch an e-rupee as concerns about the volatility and regulatory risks of cryptos continue to grow amidst the collapse of FRX. The Reserve Bank of India rolled out its first pilot scheme for the e-rupee at the beginning of November. It has allowed […] Written by Cherian Varghese November 28, 2022November 28, 2022
Editorial The RBI’s E-Rupee Explained On November 1, the Reserve Bank of India (RBI) launched the first trial of the Digital Rupee (e-rupee or e₹) in the wholesale segment for government securities. The central bank will also launch a similar trial of e₹ in the retail segment later this month. The RBI has selected nine banks to engage in the […] Written by Suhani T November 7, 2022November 7, 2022
Market News Top Crypto News India to Test ‘E-Rupee’ Soon – Top Crypto Updates India to test ‘E-Rupee’ digital currency soon The Reserve Bank of India has proposed a phased pilot of its version of a Central Bank Digital Currency (CBDC). In a paper released on Friday, the RBI outlined its vision for a digital version of the rupee, referred to as the “e-rupee”. It also explained its rationale […] Written by Cherian Varghese October 10, 2022October 10, 2022