Indian central bank looking at phased launch of its own digital currency
MUMBAI, July 23 (Reuters) - The Reserve Bank of India is considering a phased introduction of its own central bank digital currency (CBDC), deputy governor T. Rabi Shankar said, and is examining various issues including the underlying technology and issuance method. "CBDCs are likely to be in the arsenal of every central bank going forward. Setting this up will require careful calibration and a...
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