RBI Plans To Launch India’s Own Cryptocurrency

RBI Plans To Launch India’s Own Cryptocurrency

RBI to develop a sovereign digital currency and will be releasing it appropriately RBI has held internal meetings and discussions with central banks to launch India’s cryptocurrency The technology is still in the nascent stage and it will take some time, says Das After having banned banks from extending any services to crypto entities, the Reserve Bank of India (RBI), on Thursday (December 5), said that it is planning to develop India’s own digital currency in India.