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India to launch its own digital currency in 2022-2023

 
Cornfox
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02/01/2022 10:37 PM
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India to launch its own digital currency in 2022-2023
India to launch its own digital currency in 2022-2023

[link to www.cnbc.com (secure)]


India’s central bank will issue a digital rupee in the 2022-2023 financial year which begins Apr. 1.

India’s finance minister Nirmala Sitharaman said the introduction of the digital rupee would be based on “blockchain and other technologies.”

India would be one of the world’s largest economies to introduce a so-called central bank digital currency (CBDC) if it sticks to its plans, following in the footsteps of China which is testing a digital yuan.
Anonymous Coward
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02/01/2022 10:47 PM
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Re: India to launch its own digital currency in 2022-2023
Indians don't trust the Rupee as it is, now watch the (even greater) stampede into gold and silver.1rof1
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apadahjadi

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02/01/2022 11:56 PM
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Re: India to launch its own digital currency in 2022-2023
Fiat currencies will be worth less or killed
Then real money will be back that is gold and silver
Anonymous Coward
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02/02/2022 12:00 AM
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Re: India to launch its own digital currency in 2022-2023
Not surprising:

Thread: India Is Scanning the Fingerprints, Eyes, and Faces Of All Of Its 1.3 Billion Residents and Requiring To Link It To Cell Phones, Bank Accounts
Anonymous Coward
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02/02/2022 12:03 AM
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Re: India to launch its own digital currency in 2022-2023
Here we go!





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