Private digital currencies are potentially dangerous, CBDC a safer alternative: RBI Governor

New Delhi [India], May 6 (ANI): Reserve Bank of India Governor Shaktikanta Das said on Monday that Central Bank Digital Currency (CBDC) or digital currency, can drive financial inclusion and provide a much safer alternative to potentially dangerous private digital currencies.

"CBDC can drive financial inclusion and provide a much safer alternative to private digital currencies, which, according to us, are potentially dang