Finance

India CBDC pilot may commence in December, says RBI governor By Cointelegraph

India CBDC pilot may commence in December, says RBI governor

The Reserve Bank of India (RBI) could commence preliminary central bank digital currency (CBDC) trials before the end of the year.

Speaking to CNBC on Thursday, RBI governor Shaktikanta Das said that the central bank was “being extremely careful” in its handling of a potential digital rupee, even as its counterparts around the world have been exploring their own sovereign digital currencies.