5,000 Merchants in India Now Accept Payments in Digital Rupee: Deputy Governor
5,000 merchants and 50,000 users are now participating in India’s CBDC pilot project, the RBI’s deputy governor has said, noting that the central bank intends to proceed with the project slowly to avoid unwanted fallouts...
Rabi Sankar, Deputy Governor at Reserve Bank of India (RBI), announced the first milestones of India’s digital currency at a policy press conference on Wednesday, detailing that the country's CBDC pilot now has 50,000 users and 5,000 merchants....
Read More: 5,000 Merchants in India Now Accept Payments in Digital Rupee: Deputy Governor
Original source
Read on CryptonewsRelated market context
Abu Dhabi airports to accept Bitcoin and crypto payments through new fintech partnership
The integration of crypto payments at Abu Dhabi airports signals a strategic shift towards mainstream digital currency adoption in...
Ripple and Bitso Unleash MXNB on XRPL to Transform a $65B U.S.-Mexico Payments Corridor
Key Takeaways: Ripple is strengthening its collaboration with Bitso by launching the first regulated stablecoin on the XRP Ledger,...
ZachXBT: Canada More Negligent On Crypto Fraud Than India or Nigeria
Onchain investigator ZachXBT said he has begun turning away all fraud victims in Canada, calling the country’s law enforcement res...
Iran to open Strait of Hormuz under new agreement, with crypto toll payments in the mix
Iran's crypto tolls for the Strait of Hormuz could escalate regulatory scrutiny on stablecoins, impacting global energy prices and...
Bitcoin sales are necessary for Strategy's digital credit business, Saylor says
Strategy's recent Bitcoin sale appeared to clash with Saylor's "never sell" mantra, but he says the move reflects how the company'...
Pendle named to Fortune’s Crypto Innovators list among 30 leading projects
Pendle's recognition highlights the growing importance of innovative DeFi solutions, but also underscores the volatility and risks...