RBI internal panel working on model of central bank's digital currency, decision very soon: Deputy Governor B P Kanungo

It can be noted that the RBI had earlier announced its intent to come out with an official digital currency, in the face of proliferation of cryptocurrencies like Bitcoin about which the central bank has had many concerns. The government last week moved to ban private cryptocurrencies.

from Economy-News-Economic Times https://ift.tt/3rpAWDC