India’s Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims

India's Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official ClaimsAn Indian central bank official claims that if there is anything cryptocurrencies like bitcoin and ether can do, the Reserve Bank of India (RBI) should be able to create a product that will do the same job without the associated risks. “This is essentially what we are doing in the CBDC experiments,” he stressed. RBI […]

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Indonesia’s Central Bank Considers Issuing Digital Currency to ‘Fight’ Crypto

Indonesia's Central Bank Wants to Issue Digital Currency to 'Fight' CryptoBank Indonesia, the country’s central bank, is reportedly considering issuing a central bank digital currency (CBDC) to fight the use of cryptocurrency. “A CBDC would be one of the tools to fight crypto. We assume that people would find CBDC more credible than crypto,” said an assistant governor of the central bank. Central Bank Sees […]

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