Thursday, April 25, 2024
HomeIndiaDigital currency: The govt would do well not to get carried away...

Digital currency: The govt would do well not to get carried away on CBDC



The government is once again using a favourite tactic—”be clear in your opaqueness”. This time it is with Central Bank Digital Currencies (CBDCs), while earlier, it was with cryptocurrency regulation in general. The finance ministry and the RBI have clearly stated that the RBI will soon issue a CBDC. No opacity there.



TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS


What you get on Business Standard Premium?


OR







Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor



First Published: Mon, August 29 2022. 09:32 IST



Source link

- Advertisment -