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The digital rupee is intended as a supplement to the current payment system and not its replacement.

The Reserve Bank of India to launch a retail CBDC pilot in December 

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Binance CEO Changpeng &ldquo;CZ&rdquo; Zhao has come out and said that he believes India is currently not a viable business environment for his exchange and takes issue with the country&rsquo;s strict tax regime.

Binance CEO: India is Not Viable for Business

The Reserve Bank of India (RBI), the country&#8217;s central bank, is finalizing the rollout of the retail digital rupee pilot, the Economic Times of India (ETI) reported on November 19. 

Indian central bank on track to launch retail CBDC pilot next month

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This forced the firm into bankruptcy, put Bankman-Fried into the crosshairs of regulators, and shattered confidence once again in the burgeoning crypto industry. The image of cryptocurrencies as an asset class will be damaged for a long time. Stay away from crypto investing until the dust settles, as money will be flowing out of the space at least through the end of the year.

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The Reserve Bank of India to launch a retail CBDC pilot in December

Binance CEO: India is Not Viable for Business

Indian central bank on track to launch retail CBDC pilot next month

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