Thursday, June 8, 2023

India launches a CBDC

By DAC000 , in CBDC India , at November 3, 2022 Tags: ,

aka, digital Rupee. About a one minute read.

Comment: wow, excellent move, so India joins Nigeria and other developing nations with a Central Bank Digital Currency (CBDC). And what are developed nations doing? Moving very, very slowly. No doubt to protect the interests of incumbents, who need to insure they are properly positioned to maintain their competitive advantage once a CBDB launches. How soon for The Digital Dollar? Likely to finish last in the race.