India’s central bank outlines digital rupee CBDC plans
Cointelegraph
Published Oct 07, 2022 09:21AM ET
Updated Oct 07, 2022 11:00AM ET
The Reserve Bank of India (RBI) has outlined the proposed features and reasoning behind its in-development central bank digital currency (CBDC) in a 51-page note published on Oct. 7.
The country’s central bank is looking to raise awareness of CBDCs, which are being developed by a number of central banks around the world, and to clearly define the objectives and choices as well as the potential positive and negative elements of introducing a digital rupee in India.
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Written By: Cointelegraph
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