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India’s RBI deputy governor to IMF -Breaking

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

In discussion with the International Monetary Fund (IMF), T Rabi Sankar, the deputy governor of the Reserve Bank of India (RBI), reflected an anti-crypto stance as he spoke about India’s potential to disrupt the crypto and blockchain ecosystem.

Rabi Sankar startedThe success of Unified Payments will be highlighted to continue the discussion Interface (NASDAQ:) (UPI), India’s in-house fiat-based peer-to-peer payments system, which has seen an average adoption and transaction growth of 160% per anum over the last five years.