The Reserve Bank of India currently has no plans to launch a CBDC nationwide.
Jinse Finance reported that Kashif Raza, founder of Bitinning, posted on the X platform that the Reserve Bank of India (RBI) currently has no plans to launch a central bank digital currency (CBDC) nationwide in India. Deputy Governor T. Rabi Shankar stated that they are still studying the results of 7 million pilot transactions.
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