RBI moves forward with digital currency rollout, in talks with banks, fintech

  • RBI is holding consultations with US fintech company FIS and is said to have asked four public sector banks in India to run a pilot Central Bank Digital Currency project.
  • The RBI is working on phased implementation of CBDC in both the wholesale and retail segments, RBI ED Ajay Kumar Choudhary said in July.

[Via]

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