India’s central bank is the latest looking at a phased launch of its own digital currency

ndia has become the latest country to consider issuing a central bank digital currency (CBDC), the country’s reserve bank deputy chief announced on Thursday.

T. Rabi Shankar, the deputy governor of the Reserve Bank of India, said the bank was considering a phased introduction of its own CBDC and is examining various issues including the underlying technology and issuance method.

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