# India's Central Bank ‘Very Much In The Game‘ With Digital Currency Project

By Coinness

Canonical URL: https://www.tokenpost.com/news/investing/6859
Published: 2021-02-24T09:37:03.000Z
Updated: 2021-02-24T09:37:03.000Z
Section: Investing

> Indian authorities continue to express support for a government-backed digital currency to replace privately-issued cryptocurrencies.

Indian authorities continue to express support for a government-backed digital currency to replace privately-issued cryptocurrencies.

According to Bloomberg, RBI governor Shaktikanta Das has expressed the central bank’s determination to create a digital rupee. According to Das, India’s central bank is “very much in the game” and wants to emulate China’s digital currency electronic project, the digital yuan.

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