<p>The post <a href="https://coinpedia.org/crypto-live-news/system-wise-cbdc-roll-out-should-not-be-rushed-rbi-governor/">System-wise CBDC Roll-Out Should Not Be Rushed: RBI Governor</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>India’s central bank Governor Shaktikanta Das has expressed that while the retail CBDC pilot has over 5 million users, there should not be in any rush to roll out a system-wide CBDC. By the end of 2022, the RBI had launched pilots for both CBDCs. By the end of 2023, the retail CBDC had hit a million transactions, at least on one day. He noted that it is crucial to emphasize that there should not be any rush to roll out system-wide CBDC before acquiring a complete understanding of its impact. ‘Actual introduction of CBDC can be phased in gradually’, he stated.&nbsp;</p>

System-wise CBDC Roll-Out Should Not Be Rushed: RBI Governor

CoinPedia News

Other articles published on Aug 26, 2024

Meta Platforms secures geothermal energy deal with Sage Geosystems to power U.S. data centers

Crypto Whales Have Been Accumulating Rollblock (RBLK), Avalanche (AVAX) and FET As Prices Rocket

SwapKit and BitPay Integration Enhances Crypto Payment Flexibility with Cross-Chain Swaps

El Salvador’s Bitcoin Reserves Surge: Bukele’s Strategy with 5,851 BTC Revealed

This is good news for investors, you may want to follow: WikiFX SkyLine Guide is about to be rele...

Shiba Inu Introduces DAO to Enhance The Society’s Governance and Decision-Making

Join our free newsletter for daily crypto updates!