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India unveils its first commercial digital rupee to empower SMEs

By Puja Sharma

November 30, 2022

  • CBDC
  • Central Bank Digital Currencies
  • Digital Currency
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The Reserve Bank of India (RBI) has planned to launch its first commercial digital rupee (e₹-R) pilot on the 1st of December 2022. The central bank announced in an official publication that the currency will be a digital token representing legal tender. It will be issued in the same denominations as paper currency and coins […]

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