Bitcoin (BTC) $63,998.90 -1.51%
Ethereum (ETH) $1,856.24 -1.36%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 73.853134 -1.65%
Chainlink (LINK) $8.31 -1.63%
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Polygon (MATIC) 0.25693 2.45%
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Cryptocurrencies: 29566

Markets: 110674

Market Cap: $2,184,968,630,586

24h Vol: $54,896,336,928

Coinnounce

2022-12-02 15:04:02

India Launches CBDC to a Lackluster Response

India Launches CBDC to a Lackluster Response

India launched its CBDC with much fanfare on December 1st ( 1 ). But, early data suggests the e-rupee has not gained traction with consumers. Even worse, financial experts panned it as a needless bureaucratic hassle. The digital rupee has been mostly ignored, according to reports from multiple Indian media outlets. According

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