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Cryptocurrencies: 29800
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Cryptocurrencies: 29800
Markets: 111421
Market Cap: $2,617,152,915,462     
24h Vol: $169,104,824,870
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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