US Congressman Pete Sessions has appointed Indian American Himanshu B Patel as his chief economic development and energy infrastructure advisor for his Crypto Technical Working Group.
Government announces Digital Rupee: What is it and more - Rashtra News : Rashtra News #Government #announces #Digital #Rupee #Times #India Finance Minister Nirmala Sitharaman has announced that the Reserve Bank of India (RBI) will launch a central bank digital currency (CBDC). “Introduction of Central Bank Digital Currency (CBDC) will give a big boost to […]
While India is still mulling ways to regulate the crypto sector expanding in the country, investors had been fearing a complete crackdown on crypto activities in India. As per a renowned economist and Monetary Policy Committee (MPC) member, however, a complete ban on cryptocurrencies is difficult to implement for India.
The RBI has been examining use cases and working out a phased implementation strategy for the introduction of a Central Bank Digital Currency with little or no disruption.