RBI to launch first pilot for digital Rupee on Dec 1, to be tested in 4 cities initially
The digital rupee is finally becoming a reality as the Reserve Bank of India (RBI) has announced the launch of it. The RBI says the e-Rupee would be in the form of a digital token that will represent legal tender. It will first be launched on a pilot basis for retail. However, it won’t be available to all retail…