India News » Assam News India » Assam » Cryptocurrencies: India's RBI plans digital currency to replace unregulated cryptocurrencies
News channel or source: https://www.msn.com/en-us/money/economy/india-s-rbi-plans-digital-currency-to-replace-unregulated-cryptocurrencies/ar-AA1O0ZQn
Published on: Monday 06 October 2025
India will introduce a sovereign-backed digital currency under the Reserve Bank of India (RBI), as it discourages the use of private cryptocurrencies due to their lack of asset “backing.” According to ...
News India » Assam » Cryptocurrencies: Digital Rupee Coming Soon: India Plans Sovereign-Backed Alternative To Cryptocurrencies
News channel or source: https://www.msn.com/en-us/money/markets/digital-rupee-coming-soon-india-plans-sovereign-backed-alternative-to-cryptocurrencies/ar-AA1O0H05
Published on: Monday 06 October 2025
Indian Commerce and Industry Minister Piyush Goyal announced that India will soon launch a digital currency backed by the Reserve Bank of India (RBI), designed to facilitate faster, paperless, and ...