Cryptocurrency Bill city New Delhi CBDC RBI Cryptocurrency Bill city New Delhi

RBI-backed CBDC likely to feature in crypto bill: official

Reading now: 369
economictimes.indiatimes.com

New Delhi: The proposal for a central bank digital currency (CBDC) backed by the country’s banking regulator may be included in the upcoming bill to regulate cryptocurrency, a top government official told ET.

Terming the Centre’s bill as a response to the central bank’s concerns about macro-economic stability, the official in the know of discussions on the upcoming legislation said the “government’s response is not to ban cryptocurrencies but rather to provide cryptocurrency via the RBI.” The.

Read more on economictimes.indiatimes.com
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA