Central Bank of India created a department to develop digital rupee and cryptocurrency regulation rules
The Reserve Bank of India has formed a dedicated department that will deal with the development of the digital rupee and the creation of regulations for the regulation of the cryptocurrency industry. Ajay Kumar Choudhary has been appointed Executive Director of the new division, who will also lead the financial technology and risk monitoring departments of RBI. Now the Indian central bank is working on the creation of two types of digital rupee – for…
