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Reserve Bank Of India (RBI) Central Board Discusses Cryptocurrencies, Internal Members Not In Favor
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ndtv.comThe RBI board also reviewed the current domestic and global economic situation
Internal members of the Reserve Bank of India's central board are not in favor of private crypto currencies and majority remain concerned about its impact on financial stability, sources told NDTV. The central bank's board today discussed various aspects related to Central Bank Digital Currency (CBDC) and private cryptocurrencies.
The government plans to regulate the use of cryptocurrency across the country and has listed the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, for consideration in the ongoing Winter Session of Parliament.
It was recently announced in the Parliament that the government had received a proposal from the Reserve Bank
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