Shaktikanta Das, Governor of Reserve Bank of India, talking to the CNBC News.
By December or so, India is planning to start some kind of Digital currency but it is not clear whether it is based on centralized system or decentralized. They are also not clear whether the currency is to be issued directly from Central Bank or through other means.
This move is considered to be an important achievement on the journey of digital currencies and the Cryptocurrencies.
All these developments should be viewed very carefully.
He said, we have major concerns about Private Cryptos. He added, we are more concerned about the financial stability of the country.
video Source:
https://twitter.com/CNBCi/status/1431149487494422528?s=19
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