India’s RBI deputy governor to IMF By Cointelegraph

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CBDCs can “kill” personal crypto: India’s RBI deputy governor to IMF

In dialogue with the Worldwide Financial Fund (IMF), T Rabi Sankar, the deputy governor of the Reserve Financial institution of India (RBI), mirrored an anti-crypto stance as he spoke about India’s potential to disrupt the crypto and blockchain ecosystem.
Rabi Sankar began the dialog by highlighting the success of the Unified Funds Interface (NASDAQ:) (UPI), India’s in-house fiat-based peer-to-peer funds system — which has seen a mean adoption and transaction development of 160% per anum over the past 5 years.
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