India’s central bank, the Reserve Bank of India (RBI), has announced significant progress in its digital rupee initiative. As of June 2024, there are five million digital rupee users and 420,000 merchants participating in the retail central bank digital currency (CBDC) pilot. The RBI aims for the digital rupee to complement cash and existing payment … Continue reading "India’s Digital Rupee Reaches 5 Million Users and 420,000 Merchants" The post India’s Digital Rupee Reaches 5 Million Users and 420,000 Merchants appeared first on Cryptoknowmics-Crypto News and Media Platform .
