SBI Director of India's Largest Trading Company: CBDC is coming soon and will play a key role in cross-border trade.

12月
12
2021-12-12 12:25
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According to a report released on December 12, CS Setty, head of the National Bank of India (SBI), India's largest conglomerate, said that CBDC (Central Bank Digital Products) will become a reality and cross-border commerce is in place. Currently, the Reserve Bank of India (RBI) is working on two groups of CBDCs. One is based on wholesale revenue and the other is based on retail. “As cryptocurrencies become an asset, I think CBDCs will eventually change across borders,” Setty said. "It's just time. Are you going crazy?" (India Times)

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