RBI Governor: It's too early to talk about central bank digital currencies, but research is underway

According to Financial Express, the central bank's governor Shaktikanta Das said on Thursday that it is "too early" to talk about central bank digital currencies because of technical obstacles, but the central bank is studying this and is also working with other governments and central banks Related discussions took place. Das said, "With the development of technology and adequate safeguards, I think the RBI will definitely study this area in due course." However, he also made it clear that the RBA is completely opposed to private digital currencies. The rights of sovereign states in this function.