The Reserve Bank of India plans to begin testing its CBDC on November 1, with nine banks participating, and a retail version by the end of November (Amitoj Singh/CoinDesk)

Amitoj Singh / CoinDesk:
The Reserve Bank of India plans to begin testing its CBDC on November 1, with nine banks participating, and a retail version by the end of November  —  A pilot for a retail version will start within a month.  —  India’s central bank will introduce a pilot wholesale central bank digital currency …

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The Reserve Bank of India plans to launch a retail pilot for its CBDC on December 1, after testing with nine banks since November 1 (Swati Bhat/Reuters)

Swati Bhat / Reuters:
The Reserve Bank of India plans to launch a retail pilot for its CBDC on December 1, after testing with nine banks since November 1  —  The Reserve Bank of India’s first pilot for a retail e-rupee, its version of the central bank digital currency (CBDC), will be launched on Dec. 1, it said in a statement on Tuesday.

Changpeng Zhao says the National Bank of Kazakhstan plans to integrate its CBDC on the BNB Chain; Kazakhstan gave Binance a license to operate on October 6 (Savannah Fortis/Cointelegraph)

Savannah Fortis / Cointelegraph:
Changpeng Zhao says the National Bank of Kazakhstan plans to integrate its CBDC on the BNB Chain; Kazakhstan gave Binance a license to operate on October 6  —  Officials in Kazakhstan continue their close relationship with Binance, as the National Bank plans to integrate its CBDC on the BNB Chain.

Senators Elizabeth Warren (D) and Roger Marshall (R) introduce the Digital Asset Anti-Money Laundering Act, including KYC requirements for wallets and miners (Jamie Crawley/CoinDesk)

Jamie Crawley / CoinDesk:
Senators Elizabeth Warren (D) and Roger Marshall (R) introduce the Digital Asset Anti-Money Laundering Act, including KYC requirements for wallets and miners  —  The proposal will bring know-your-customer rules to crypto participants such as wallet providers and miners.

Binance-linked crypto exchange WazirX says India’s Enforcement Directorate has “unfrozen” or restarted its bank account; the ED raided its office on August 5 (Amitoj Singh/CoinDesk)

Amitoj Singh / CoinDesk:
Binance-linked crypto exchange WazirX says India’s Enforcement Directorate has “unfrozen” or restarted its bank account; the ED raided its office on August 5  —  The account was frozen in relation to the “illegal loan apps” scam investigation, which has come under the national spotlight.

Nigeria’s central bank slashes the daily ATM withdrawal limit from ~$337/day to ~$45/day in a bid to boost digital payments and eNaira digital currency adoption (Bloomberg)

Bloomberg:
Nigeria’s central bank slashes the daily ATM withdrawal limit from ~$337/day to ~$45/day in a bid to boost digital payments and eNaira digital currency adoption  —  Nigeria’s central bank slashed the daily withdrawal limit from automatic teller machines in a bid to boost digital payments in Africa’s most-populous nation.

The European Central Bank says that bitcoin is “rarely used for legal transactions” and is on the “road to irrelevance”, without citing any strong data points (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
The European Central Bank says that bitcoin is “rarely used for legal transactions” and is on the “road to irrelevance”, without citing any strong data points  —  European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions …