India's central bank reveals its retail CBDC pilot, the digital rupee, has reached 5 million users and 420,000 merchants as of June 2024. The RBI emphasizes the digital rupee complements cash and existing payment systems, promoting financial inclusion.
The Reserve Bank of India's latest report reveals that the retail CBDC pilot has reached 5 million users and 420,000 merchants as of June 2024, aiming to complement cash and existing payment systems while exploring programmable and offline functionalities.
The Reserve Bank of India reports 5 million retail digital rupee users and 420,000 merchants as of June 2024. The CBDC aims to complement cash and existing payment systems, boosting financial inclusion and cross-border efficiency. India is one of 36 countries with ongoing CBDC pilots.
This guide covers the journey from fiat to cryptocurrency, including key factors for choosing an exchange (UX, security, fees, transparency, liquidity) and a five-step process, with a practical example of buying BTC with INR on Mudrex.
Mudrex has released a guide for Indian users on how to buy Terra (LUNA) using INR, detailing account setup, KYC, deposits via UPI or bank transfer, and token purchases on its platform.
This guide explains how users can move from fiat into cryptocurrency, covering exchange selection, security checks, KYC, payment methods, fees, liquidity, and wallet protection.
India’s crypto rules make KYC effectively mandatory for legal USDT purchases. Users can avoid P2P risks through FIU-compliant exchanges and direct bank transfers, but not identity verification.
Indian investors can now buy Bitcoin seamlessly via UPI without a credit or debit card. Platforms like Mudrex, CoinDCX, and ZebPay offer zero-fee deposits and KYC compliance. This article explores the process, legal status, and top exchange comparisons.
