Bitcoin (BTC) $71,332.12 3.79%
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Tether (USDT) $1.00 -0.01%
Solana (SOL) 91.081875 4.30%
Cardano (ADA) $0.26 2.62%
Chainlink (LINK) $9.14 4.01%
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Cryptocurrencies: 28644

Markets: 116584

Market Cap: $2,436,697,908,746

24h Vol: $109,845,975,901

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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