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The Reserve Bank of India is said to be working with local banks to link the digital version of e-rupee with the country’s national payments system. India’s central bank, the Reserve Bank of India (RBI), is reportedly collaborating with local financial institutions to make its central bank digital currency (CBDC) also known as e-rupee, more interoperable, Reuters has learned, citing sources familiar with the matter. According to the report, the RBI wants to boost the usage of CBDC as the current retail activity with the digital currency reportedly remains way below the target set for 2023 (18,000 operations a day vs. 1 million expected). Sources close to the matter said the central bank is trying to find a way to enable offline e-rupee transactions and link the digital currency to the Unified Payments Interface (UPI), India’s national real-time payments system. The report says the RBI and the local banks are exploring a payment option which would make the e-rupee...

Binance, a leading exchange, often introduces new Features to enhance user experience and drive industry progress.  These advancements often create enthusiasm and excitement among investors who acknowledge their potential influence on investment tactics. A recent addition to Binance’s services is the option to deposit funds to multiple addresses simultaneously. DigiToads, a new meme coin project, is also attracting attention as investors explore its potential.  Binance’s continuous development Binance now allows users to create multiple deposit addresses for one network, addressing user feedback. This update improves fund management flexibility and efficiency on the platform. Initially, the feature supports ERC-20 tokens and is compatible with platforms like Arbitrum One and BNB Chain. Binance has plans to extend this functionality to additional blockchains in the future. You might also like: Optimism overtakes Arbitrum in daily transactions after W...