Crypto readiness score
2/3 status dimensions verified · 1 initiative · last verified 2026-11-11
Score breakdown
How the number above is built — every input is a verified tracker status with a dated source.
| Component | Weight | Points | Basis (verified input) |
|---|---|---|---|
| Commercial availability | 35 | 10.5 | Pilot / proof of concept · initiative |
| Regulatory standing | 25 | — | No verified status — not scored |
| Technical delivery | 20 | 8 | Pilot / proof of concept · initiative |
| Product breadth | 15 | 5 | 1 product category with a verified status: Retail CBDC distribution |
| Recent verified activity | 5 | 0 | No verified change in the last 365 days |
Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology
Initiatives (1)
Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.
Retail CBDC distribution · India
Axis Bank retail digital rupee (e₹-R) wallet in the RBI CBDC pilot
- regulatory
- Unknown
- technical
- Pilot / proof of concept2023-08-25
- commercial
- Pilot / proof of concept2026-11-11
On 25 August 2023 Axis Bank introduced UPI interoperability on its Axis Mobile Digital Rupee app, part of the Reserve Bank of India's CBDC initiative, so users can pay any UPI merchant QR code with digital rupee. Its current product page says Axis is one of the banks selected for the RBI CBDC pilot and invites retail customers and merchants to use the e₹ pilot.
Scope: Retail CBDC pilot run by the RBI; Axis Bank as distributing bank.
In tracker · last verified 2026-11-11
Licences & registrations
Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).
No licence or registration record in our verified data. This means “not reviewed”, not “unlicensed”.
Partners & providers
From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map
- BCV · named role (tracker) · issuer and pilot operator
Regulator records & actions
Register entries and regulator publications that name this institution.
None in our verified data.
Markets (from stated target markets): India
Timeline
Status changes (tracker history), verified items and regulatory dates, newest first.
2026-11-11 · Status
Current product page: Axis Bank says it is one of the selected banks in the CBDC pilot and invites retail customers and merchants to use the e₹ pilot (page undated, live 11 Nov 2026).
2023-08-25 · Status
Axis Bank added UPI interoperability to its Axis Mobile Digital Rupee app as part of the RBI CBDC initiative (25 Aug 2023).
Data: /api/banks.json (CC BY 4.0) · Spot an error? Corrections
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