Bitcoin (BTC) $84,995.21 0.28%
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Tether (USDT) $1.00 -0.01%
Solana (SOL) 119.912763 0.27%
Chainlink (LINK) $13.90 -1.61%
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Cryptocurrencies: 30150

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Market Cap: $2,895,431,239,319

24h Vol: $56,676,348,802

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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