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VIP Wealth Hub
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Top asset management team helps you profit without hassle
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India unveils plans to trigger increased CBDC adoption
India’s banking regulator has expressed confidence that its central bank digital currency (CBDC) could record 1 million transactions each day before the end of the year.
The Reserve Bank of India (RBI) is keep on seeing the digital rupee operate beyond the purview of a payment instrument. In a speech to attendees of a financial conference, RBI Deputy Governor T Rabi Sankar disclosed that the central bank has several plans to trigger increased adoption of the CBDC.
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