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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