RBI's digital currency by December

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RBI could introduce a pilot for digital currencies by December

Said RBI Governor Shaktikanta Das in a television interview

It’s not clear if it will be based on the distributed ledger technology or centralised ledger

Cryptocurrencies work on the distributed ledger technology platform

The governor also expressed his concern over private parties

Earlier, the Supreme Court had lifted a ban on cryptocurrencies

Still, there is hesitancy among bankers to use virtual currencies for transactions

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