Reserve Bank of India expands its digital rupee CBDC pilot to two new territories, testing programmable welfare payments across at least 10

Under the new system, beneficiaries will receive food subsidies through the Digital Rupee (e ₹), which will be programmed specifically for purchasing entitled foodgrains such as…

Reserve Bank of India expands its digital rupee CBDC pilot to two new territories, testing programmable welfare payments across at least 10