CBDCs can “kill” private crypto: India's RBI deputy governor to IMF - Cointelegraph

Rabi Sankar also stated that banks will remain crucial for providing liquidity services to the general public in India, warning that technology is merely a tool and cannot be used to create currencies.

In discussion with the International Monetary Fund (IMF), T Rabi Sankar, the deputy governor of the Reserve Bank of India (RBI), reflected an anti-crypto stance as he spoke about Indias potential to … [+2693 chars]

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