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RBI MPC meet: 'Working on digital currency model, decision very soon', says Dy Gov BP Kanungo


RBI MPC meet: Working on digital currency model, decision very soon , says Dy Gov BP Kanungo
The RBI had earlier announced its intent to come out with an official digital currency, in the face of proliferation of cryptocurrencies like Bitcoin about which the central bank has had many concerns
PTI | February 5, 2021 | Updated 15:34 IST
With regard to digital currency, I think we have already released our document. Our digital payment document spells out that digital currency is work in progress in RBI, Governor Shaktikanta Das told reporters on Friday
An internal committee within the RBI is taking a close look at the model of the central bank s digital currency and will come out with its decision very soon , Deputy Governor B P Kanungo said on Friday. It can be noted that the RBI had earlier announced its intent to come out with an official digital currency, in the face of proliferation of cryptocurrencies like Bitcoin about which the central bank has had many ....

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