Pakistan is studying CBDC for financial inclusion
The governor of the State Bank of Pakistan believes that a state-back digital rupee can bring two-fold benefits to the country.
The governor of the State Bank of Pakistan believes that a state-back digital rupee can bring two-fold benefits to the country.
Finance Minister Nirmala Sitharaman assured that despite reports of government hostility against the industry, it will take a measured approach.
India’s digital currency industry faces an uncertain future, with a proposed draft bill threatening to impose a blanket ban on the entire industry.
In a recent outlook on payments in the digital era, the bank justified its earlier apprehension, but revealed that it’s now open to the possibility of a digital rupee.