https://www.taxtmi.com/article/detailed?id=10236 The article explains the Reserve Bank of India's proposal for a Digitised Rupee as a form of Central Bank Digital Currency where digital currency units are held in wallets and transferred peer-to-peer. It contrasts private wallet ecosystems with state-distributed wallet models, cites China's pilot using selected banks and telecoms with mixed central and blockchain records, and frames CBDC adoption as aimed at reducing private-wallet dominance, countering private cryptocurrencies, and preserving sovereign currency competitiveness. en-us Wed, 02 Feb 2022 09:21:55 +0530 Wed, 02 Feb 2022 09:21:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10236 The article explains the Reserve Bank of India's proposal for a Digitised Rupee as a form of Central Bank Digital Currency where digital currency units are held in wallets and transferred peer-to-peer. It contrasts private wallet ecosystems with state-distributed wallet models, cites China's pilot using selected banks and telecoms with mixed central and blockchain records, and frames CBDC adoption as aimed at reducing private-wallet dominance, countering private cryptocurrencies, and preserving sovereign currency competitiveness. Articles Budget - Tax Proposals Wed, 02 Feb 2022 09:21:55 +0530 https://www.taxtmi.com/article/detailed?id=10236