Today news
About the same in other media
Cyber security, frauds main concerns with digital currency: RBI
Reading now: 508
As the RBI moves ahead for the launch of the central bank digital currency (CBDC), Governor Shaktikanta Das on Wednesday marked out cyber security and digital frauds as the main challenges in the new system.
Deputy Governor T Rabi Sankar said there are two types of CBDCs - wholesale and retail - and a lot of work has happened in the former while the latter was termed as a "complicated" aspect which will take time.
The RBI had earlier this year announced that it has started work on the CBDC, in line with other major central banks of the world which are looking at a fiat digital currency. According to a report, the RBI is looking to start with pilot exercises on the same front by early next year.
"Main concern comes from the angle of
Read more on business-standard.comAbout this in other media
Crypto salary: Why it may be risky to get paid in digital currency cnbctv18.com /3 years ago
Visa has created a crypto advisory group to help steer its clients through the world of digital currencies markets.businessinsider.com /3 years ago
It’s time for the philanthropic sector to embrace digital currencies cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
