TechFlow news, according to Coindesk, sources indicate that India aims to launch its central bank digital currency nationwide before the end of 2023.
India launched two CBDC pilot programs last year. The first, CBDC-W, began on November 1 with participation from nine banks. The second, CBDC-R, started on December 1 in four cities—Mumbai, New Delhi, Bangalore, and Bhubaneswar. CBDC-R is available to the private sector and Indian citizens, while CBDC-W is limited to financial institutions and aims to improve the efficiency of interbank payments.
Additionally, according to the Atlantic Council's Central Bank Digital Currency Tracker, 105 countries representing more than 95% of global GDP are exploring CBDCs. Source link
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