India could start trials for digital rupee by 2021 end

All major nations, including India, had been experimenting with the idea of Central bank digital currencies. While some smaller nations have already launched it or have started trials, major nations are still behind. But it seems India could start trials for the digital rupee by the end of 2021. This was said by none other than the Central bank governor himself. Some aspects are still being studied by the RBI, after which the testing phase might begin. Central Bank governor on the digital rupee The main reason why banks are exploring this space is the growing interest in Bitcoin. Indian…