India’s CBDC takes a step-by-step approach: RBI Annual Report
Further strengthen India’s decision to present the interior Central bank digital currency (CBDC) In 2022 and 2323, the Reserve Bank of India (RBI) proposed a three-tiered approach to the adoption of central bank digital currency “with little or no disruption” to the traditional financial system.
In February, during the discussion of the 2022 budget, India’s Finance Minister Nirmala Sitharaman talks about the launch of the Digital Rupee To give a “big boost” to the digital economy. In the annual report chest The Central Bank of India announced on Friday that the Reserve Bank of India is investigating the pros and cons of launching a central bank digital currency.
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