Cryptocurrency Q&A
Which banks are allowed in CBDC?
Which banks are allowed in CBDC?
Nicola
Tue Nov 19 2024
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5 answers
1204
I'm wondering about the banks that are permitted to participate in CBDC. Specifically, I want to know which banks have been authorized or are eligible to be a part of the Central Bank Digital Currency system.
5 answers
Emanuele
Thu Nov 21 2024
Four additional banks have been confirmed to take part in the retail pilot.
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TaekwondoMasterStrength
Wed Nov 20 2024
The pilot for e₹-R was rolled out on December 1, 2021.
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RainbowlitDelight
Wed Nov 20 2024
These banks include the Bank of Baroda, the Union Bank of India, the HDFC Bank, and the Kotak Mahindra Bank.
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Elena
Wed Nov 20 2024
The Minister made this announcement in response to a question regarding the pilot program.
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Bianca
Wed Nov 20 2024
According to the Minister, the Reserve Bank of India (RBI) has already launched a pilot for the retail version of the Central Bank Digital Currency (CBDC), known as e₹-R.
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