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India's Central Bank ‘Very Much In The Game‘ With Digital Currency Project

Wed, 24 Feb 2021, 09:37 am UTC

Indian authorities continue to express support for a government-backed digital currency to replace privately-issued cryptocurrencies.

According to Bloomberg, RBI governor Shaktikanta Das has expressed the central bank’s determination to create a digital rupee. According to Das, India’s central bank is “very much in the game” and wants to emulate China’s digital currency electronic project, the digital yuan.

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