india digital rupee

Nov

Why India is slow-walking the digital rupee

What happened to the digital rupee? With each passing week, it seems that India’s CBDC project is fading further into the background of the subcontinent’s financial ecosystem. In contrast to China, which is unswervingly pressing forward with the digital renminbi – irrespective of actual market demand, it should be noted…

Oct

Blockchain Research

India reportedly expands CBDC pilot

India has reportedly launched the next phase of its wholesale digital rupee pilot, according to the Indian media MoneyControl. The digital rupee is now being tested in the call money market where banks borrow from or lend to each other for the short term, usually one day, at market-determined rates,…

Aug

Blockchain Research

Assessing the progress of the digital rupee

Why is it that central bankers are always more enthusiastic about CBDCs than anyone else? That seems to be the case with India’s digital rupee, which appears to not be seeing especially fast uptake in its second year of testing. In July, the Reserve Bank of India (RBI) asked Indian…

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