‘Too Early’ for Central Bank Digital Currency: India Shelves Plans for a Crypto Rupee

Plans to issue a state-backed cryptocurrency in India have stalled, months after the country’s central bank gave indications that it was considering the idea. According to The Hindu Business Line, the government is no longer interested in the state-backed digital rupee. Citing a source, the report by the publication indicated that the idea of a

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‘Too Early’ for Central Bank Digital Currency: India Shelves Plans for a Crypto Rupee written by Mark Emem @ https://www.ccn.com/too-early-for-central-bank-digital-currency-india-shelves-plans-for-a-crypto-rupee/ January 8, 2019 Mark Emem

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