In its recent research paper, the India-based non-profit think tank National Council of Applied Economic Research (NCAER) called out the country’s up-and-coming Central Bank Digital Currency (CBDC) as hazardous to institutions, end-users of retail CBDCs, and the central bank’s (Reserve Bank of India) reputation. The paper highlighted that India’s CBDC project is “advanced uncritically,” adding […]The post Report: India’s Government-Backed Digital Currency Hazardous To Institutions, Users appeared first on Vauld Insights.