Latest Digital Currency News & Updates

New Delhi, Feb 25 (IANS) The Centre will launch a Central Bank Digital Currency (CBDC)-based food subsidy distribution pilot project under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in the Union Territory of Puducherry on Thursday in a major step towards strengthening India’s digital public infrastructure and enhancing transparency in subsidy delivery, according to an official statement.The digital rupee or e-rupee is a tokenised digital version of the Indian rupee, issued by the Res…