India: RBI studies feasibility of digital currencies amid crypto crackdown

India: RBI studies feasibility of digital currencies amid crypto crackdown

FILE PHOTO: The Reserve Bank of India (RBI) seal is pictured on a gate outside the RBI headquarters in Mumbai, India, February 2, 2016. REUTERS/Danish Siddiqui/File photo

India’s central bank is exploring the creation of a digital currency even as it escalates a crackdown on existing instruments such as bitcoin.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter