RBI Archives – Dcryptonews

October 8, 2022

The Reserve Bank of India presents the CBDC model. The Reserve Bank of India (RBI) is finalizing plans to launch a pilot phase of issuing its central bank’s digital currency, the ‘Digital Rupee’. The Reserve Bank of India released a concept paper on 7 October outlining its drivers, design options and technical considerations for the […]

February 15, 2022

Rabi Sankar, deputy governor of RBI, has taken a strong viewpoint against virtual currency referring to it as destabilizing impact, it may have on India’s fiat currency. He even compared cryptocurrency to Ponzi procedures and said that prohibiting them, not governing them, would be a great choice for the Indian administration. He further said they […]

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The Reserve Bank of India presents the CBDC model.

Deputy Governor of Reserve Bank of India: ‘outlawing crypto is the most advisable option’