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CBDC Transactions Soar: 150 Million and Counting, Baby!

CBDC Transactions Soar: 150 Million and Counting, Baby!

Hey there! So, check it out: CBDC transactions are like, totally rockin' it with over 150 million and a whopping Rs 34,000 crore in value! RBI's T Rabi Sankar says this digital cash is the future, but we gotta wait for the perfect moment, like waiting for a pizza to cool down. They're working on some fancy tech, but no rush, folks! Slow and steady wins the race, right?

Quick rundown

  1. CBDC transactions have surpassed 150 million.
  2. RBI is focusing on programmability for CBDC.
  3. CBDC is seen as the future of payments.
  4. RBI plans an SRO-based approach for tech regulation.
  5. AI sandbox with curated databases is in the works.

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