A Collaborative Report on India’s Central Bank Digital Currency
Delhi, India, 11th November 2024, ZEX PR WIRE, India’s financial system is changing fast with the launch of the Digital Rupee, highlighted in a new report by Hashtag Web3 called Central Bank Digital Currency in India. This report, created with insights from 30 experts and members of the Web3 community, is a useful guide to understanding India’s move towards a digital currency. The report covers several important topics, including the rapid rise of digital payments through UPI, which recently saw over 1,650 crore transactions in just one month. It explains how a digital currency could help with financial inclusion and make cross-border payments easier. A key point is that the Digital Rupee could help bring financial services to around 19 crore Indians who don’t have access to banks.
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