India city New Delhi Provident CBDC Digital RBI India city New Delhi

RBI Wants Digital Currency Included Under Definition Of 'Bank Note', Proposes Amendment To Law

Reading now: 737
ndtv.com

CBDCs -- digital or virtual currency -- are basically the digital version of fiat currencies.New Delhi: The government on Monday said that it has received a proposal from the Reserve Bank of India (RBI) to include digital currency under the definition of a 'bank note'.

In October, the RBI had introduced the proposal of Central Bank Digital Currency (CBDC).CBDCs -- digital or virtual currency -- are basically the digital version of fiat currencies, for instance, rupee in India.The Ministry of

Read more on ndtv.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.
DMCA