Bitcoin (BTC) $62,444.30 0.81%
Ethereum (ETH) $1,756.85 0.94%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 81.800951 0.37%
Cardano (ADA) $0.18 4.33%
Chainlink (LINK) $7.91 0.58%
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Dash (DASH) $35.26 -2.41%
Polygon (MATIC) 0.25693 2.45%
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X-Cash (XCASH) 1.0E-6 0.14%
Dogecoin (DOGE) $0.00 3.74%

Cryptocurrencies: 29369

Markets: 112833

Market Cap: $2,166,161,064,961

24h Vol: $58,377,025,419

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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