India to Sync Upcoming CBDC With National Monetary Policies, Payment Systems

The RBI, in its latest report, has said that India’s upcoming CBDC will be in alignment with the nation’s financial structures and systems. Tentatively named the ‘Digital Rupee’, this CBDC is expected to release in the current fiscal year 2022-2023. India is aiming at expanding payment systems for its citizens with this CBDC, while also rooting for more financ...

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