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News channel or source: https://www.msn.com/en-us/money/markets/indias-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 ...