India is looking toward using its $80 billion welfare payment system to spur momentum for the adoption of its central bank digital currency. https://www.japantimes.co.jp/news/2026/04/24/asia-pacific/society/india-digital-currency-welfare-system/?utm_medium=Social&utm_source=mastodon #asiapacific #society #india #cryptocurrencies #banks
India’s digital currency push targets its leaky welfare system

If the program gains traction, the world's most populous nation ​could in theory become its biggest issuer of a central bank digital currency.

The Japan Times