Bitcoin (BTC) $70,757.62 -3.15%
Ethereum (ETH) $2,191.50 -4.11%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 81.532601 -4.02%
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Chainlink (LINK) $8.74 -3.66%
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Cryptocurrencies: 28771

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Market Cap: $2,408,198,839,716

24h Vol: $75,873,079,466

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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