CBDCs: India’s digital rupee falls flat as low volumes blight trial run
Initial reports suggest the e-rupee has failed to catch on among retail users. Worse still, bankers blasted it as an inefficient administrative burden.
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Initial reports suggest the e-rupee has failed to catch on among retail users. Worse still, bankers blasted it as an inefficient administrative burden.
Samuel Wan 3 min read
After reiterating the need for crypto regulation in the EU, the ECB is back at it with allegations of price manipulation.
The retail e-rupee, which will be interoperable with existing payment methods, will be hosted by the National Payments Corporation of India.
Uptake of the eNaira Central Bank Digital Currency has been woefully low, leading to congratulations from dissenters.
The Innovation Hub of the Bank for International Settlements (BIS) launched its latest project to explore the use of automated market makers to facilitate foreign exchange markets and CBDC payments.
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