The Reserve Bank is planning to carry digital currency into the country. RBI might get Central Bank digital currency in the first quarter one year from now
Due to the increasing trend of Digital currency and lack of transparency in it, the Government of India such as the Reserve Bank of India, the country's central bank, has been expressing its concern from time to time. To put an end to all of these considerations, the government is thinking of bringing digital currency under the ambit of the law. At the time, RBI is working rapidly on introducing its own digital currency.
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