RBI had banned all regulated banks from holding and facilitating cryptocurrency transactions in 2018, which the Supreme Court subsequently overturned in March 2020. In the face of rising demand for cryptocurrencies, RBI had to launch its Central Bank Digital Currency. But, why did India suddenly decide to launch its Digital Rupee?

In this episode of Blank Cheque by Black, let’s discuss the Digital Rupee that will give all cryptocurrencies a run for their money in the country!