San Francisco federal bank eyes CBDC system development, reveals job posting
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The Federal Reserve Bank of San Francisco is looking for a software engineer to help develop and implement systems related to a
As major economies across the world test CBDCs, India onboarded 50,000 users and 5,000 merchants to test out its recently launched digital rupee CBDC.
Reserve Bank of India deputy governor Rabi Sankar stressed that the government plans to proceed with CBDC testing in the smoothest way possible. He said:
“We want the process to happen, but we want the process to happen gradually and slowly. We are in no hurry to make something happen so quickly.”
India’s CBDC project is currently active across five cities, with nine more cities potentially gradually joining the pilot soon.
