Friday, 24 March, 2023

Indian Government to provide cryptocurrency via RBI

<p>An official said that the Indian govt won&#39;t ban crypto, rather it will be provided via the central bank RBI. He added the proposal for RBI-back CBDC may be included in the Cryptocurrency and Regulation of Official Digital Currency Bill. The bill will be discussed in the winter session of Parliament. A source said this bill aims to ensure control of the country&rsquo;s monetary economics remained under RBI and minimize speculative betting around cryptos.<br /> &nbsp;</p>