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India’s Central Bank RBI Discusses Digital Currency and CBDC Launch With Minimal Impact on Monetary Policy

India’s Central Bank RBI Discusses Digital Currency and CBDC Launch With Minimal Impact on Monetary PolicyIndia’s central bank, the Reserve Bank of India (RBI), says a basic central bank digital currency (CBDC) model must be adopted initially and tested comprehensively to minimize the impact on the country’s monetary policy and banking system. The Indian apex bank sees several benefits in launching a digital rupee, including “a potential to enhance the […]

Cryptocurrency investment should favor emerging markets

Indian Central Bank RBI Favors Complete Crypto Ban, Says Partial Ban Won’t Work

Indian Central Bank RBI Favors Complete Crypto Ban, Says Partial Ban Won’t WorkIndia’s central bank, the Reserve Bank of India (RBI), has reportedly told the central board of directors that it favors a complete ban on cryptocurrencies, stating that a partial ban will not work. The central bank reiterates that it has serious concerns regarding crypto. Meanwhile, the Indian government is reportedly making additional changes to the […]

Cryptocurrency investment should favor emerging markets