Bitcoin (BTC) $77,601.05 -0.57%
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Solana (SOL) 85.464772 -0.56%
Cardano (ADA) $0.25 0.68%
Chainlink (LINK) $9.29 0.51%
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Cryptocurrencies: 28815

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Market Cap: $2,591,835,126,436

24h Vol: $142,277,053,634

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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