bitcoin
Bitcoin (BTC) $ 16,511.18 0.01%
ethereum
Ethereum (ETH) $ 1,211.44 1.63%
tether
Tether (USDT) $ 1.00 0.04%
bnb
BNB (BNB) $ 313.78 4.22%
usd-coin
USD Coin (USDC) $ 0.999704 0.10%
binance-usd
Binance USD (BUSD) $ 1.00 0.02%
xrp
XRP (XRP) $ 0.403625 0.13%
dogecoin
Dogecoin (DOGE) $ 0.09163 1.36%
cardano
Cardano (ADA) $ 0.316257 0.10%
matic-network
Polygon (MATIC) $ 0.851965 0.66%
polkadot
Polkadot (DOT) $ 5.36 1.37%
staked-ether
Lido Staked Ether (STETH) $ 1,188.87 1.52%
litecoin
Litecoin (LTC) $ 75.87 1.28%
shiba-inu
Shiba Inu (SHIB) $ 0.000009 1.41%
okb
OKB (OKB) $ 21.03 0.70%
dai
Dai (DAI) $ 1.00 0.03%
solana
Solana (SOL) $ 14.18 0.53%
tron
TRON (TRX) $ 0.05297 0.26%
uniswap
Uniswap (UNI) $ 5.46 0.81%
avalanche-2
Avalanche (AVAX) $ 12.84 0.39%
leo-token
LEO Token (LEO) $ 4.02 2.83%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 16,397.51 0.62%
chainlink
Chainlink (LINK) $ 7.19 5.74%
cosmos
Cosmos Hub (ATOM) $ 10.24 2.17%
ethereum-classic
Ethereum Classic (ETC) $ 20.05 0.15%
the-open-network
The Open Network (TON) $ 1.71 1.06%
monero
Monero (XMR) $ 136.21 0.71%
stellar
Stellar (XLM) $ 0.089099 1.64%
bitcoin-cash
Bitcoin Cash (BCH) $ 112.23 1.21%
quant-network
Quant (QNT) $ 121.81 7.28%
algorand
Algorand (ALGO) $ 0.241551 0.67%
crypto-com-chain
Cronos (CRO) $ 0.064917 0.42%
filecoin
Filecoin (FIL) $ 4.30 0.54%
vechain
VeChain (VET) $ 0.019059 0.95%
near
NEAR Protocol (NEAR) $ 1.63 0.81%
apecoin
ApeCoin (APE) $ 3.61 11.82%
hedera-hashgraph
Hedera (HBAR) $ 0.050515 2.11%
frax
Frax (FRAX) $ 0.999008 0.09%
flow
Flow (FLOW) $ 1.13 0.49%
internet-computer
Internet Computer (ICP) $ 3.91 1.27%
elrond-erd-2
MultiversX (Elrond) (EGLD) $ 43.83 3.09%
eos
EOS (EOS) $ 0.927086 1.54%
terra-luna
Terra Luna Classic (LUNC) $ 0.000162 2.31%
huobi-token
Huobi (HT) $ 7.20 9.53%
chiliz
Chiliz (CHZ) $ 0.174019 0.00%
theta-token
Theta Network (THETA) $ 0.917354 1.00%
chain-2
Chain (XCN) $ 0.042517 1.37%
paxos-standard
Pax Dollar (USDP) $ 1.00 0.16%
tezos
Tezos (XTZ) $ 0.995192 0.46%
the-sandbox
The Sandbox (SAND) $ 0.566903 0.18%

India to Commence Pilot Project on Wholesale CBDC

30/11/2022
05/12/2022
07/12/2022
08/12/2022

MetaVentures Bangkok 2022

Bangkok, Thailand
14/12/2022
27/02/2023

ICBM Expo

Dubai, UAE
03/03/2023
The Crypto Times

Indian central financial institution, the Reserve Bank of India (RBI) will start the pilot launch of wholesale CBDC tomorrow, November 1, 2022. The central financial institution of the nation has recognized 9 banks for participation within the first pilot launch. This is the primary pilot within the Digital Rupee- wholesale section. 

The included banks are the State Bank of India (SBI), Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, IDFC First Bank, Yes Bank, and HSBC. The use case for this upcoming pilot launch is the settlement of secondary market transactions in authorities securities. 

The use of the digital rupee can probably make the interbank market extra environment friendly. According to the central financial institution, the settlement in cash would minimize off transaction prices by preempting the necessity for settlement assure infrastructure or for collateral to mitigate settlement threat.

The future pilots can be targeted on wholesale transactions and cross-border funds based mostly on the learnings from this pilot. 

The first pilot within the Digital Rupee- retail section (e₹-R) is deliberate to launch inside a month in choose areas underneath closed consumer teams together with retailers and prospects. The data associated to the operationalization of e₹-R  can be communicated because the undertaking progresses.

Other than this upcoming launch, RBI not too long ago said that personal crypto poses dangers and undermines monetary stability. According to the idea word, the CBDCs are the following step within the evolutionary development of sovereign forex.

Compiled by Coinbold

Top Gainers
NamePrice24h %
Top Losers
NamePrice24h %