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CBDC Transactions Soar: 150 Million and Counting, Baby!

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CBDC Transactions Soar: 150 Million and Counting, Baby!

Hey there! So, check it out: CBDC transactions are like, totally rockin' it with over 150 million and a whopping Rs 34,000 crore in value! RBI's T Rabi Sankar says this digital cash is the future, but we gotta wait for the perfect moment, like waiting for a pizza to cool down. They're working on some fancy tech, but no rush, folks! Slow and steady wins the race, right?

few days ago | Aathira Varier

Quick rundown

1.CBDC transactions have surpassed 150 million.
2.RBI is focusing on programmability for CBDC.
3.CBDC is seen as the future of payments.
4.RBI plans an SRO-based approach for tech regulation.
5.AI sandbox with curated databases is in the works.

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