Ấn Độ khám phá khả năng phát hành CBDC
Indian regulator RBI is thinking about issuing a digital rupee. In its new report, the country's Central Bank pays attention to the national digital currency and writes about its intention to study the advantages of launching CBDC
Interestingly, despite India’s inherent skepticism about cryptocurrencies, it decided to take such a step. The country's regulators are very wary of technologies such as PDC, VC, CC. Largely due to the lack of a normal regulatory framework. This is keeping the Indian cryptosphere from moving forward.
Regulators are wary of taking proactive steps in cryptocurrency adoption. In 2018, transactions in cryptocurrency were banned in the country. The ban was overturned in 2020 by the Supreme Court. Since then, the development of cryptocurrencies has been moving in this country in small steps.
Many states are already testing national digital currencies, and India has taken a wait and see attitude. Regulators began looking into the use of CBDC back in the late summer of 2018. However, things have not moved off the ground since then.
At the end of 2019, the head of RBI said that the discussion was at an early stage. However, something needs to be done. Starting this year, the economy of the state is switching to cashless payments, and the digital rupee fits perfectly into this structure.
The authorities expect that the volume of non-cash payments in the country will triple over the next four years. Largely due to the raging pandemic.
This process can be traced by the Digital Payments Index (DPI) launched by the regulator on January 1, 2021. It demonstrates the pace of digitalization of the economy.