RBI issues concept paper on digital currency; says will soon launch pilot e-rupee for specific use cases soon

The RBI on Friday released a Concept Note on Central Bank Digital Currency (CBDC) to create awareness about the Digital Rupee. It explains the objectives, choices, benefits, and risks of issuing a digital currency in India. The concept note also discusses issues such as technology and design choices, possible uses of the Digital Rupee, issuance […]