Indonesia Says Its CBDC Will Be Suitable for Use In the Metaverse

Under “Project Garuda” Indonesia is pushing further its plans for central bank digital currency (CBDC) – Digital Rupiah -starting with transactions among local banks. Last week, the central bank of Indonesia launched the design for Digital Rupiah. This development comes at a time when other major economies, including India, have been experimenting with CBDCs. In The post Indonesia Says Its CBDC Will Be Suitable for Use In the Metaverse appeared first on CoinGape .