Government And RBI In Complete Harmony On Cryptocurrency, Other Issues: Finance Minister

INSUBCONTINENT EXCLUSIVE:
Government and RBI on same page on various issues including cryptocurrency, the finance minister saidFinance minister Nirmala Sitharaman on
Monday said that there was complete harmony between her department and the Reserve Bank of India (RBI) on all matters including
cryptocurrencies
She added that there is respect towards each other's domain and priorities keeping national interest in mind.She was addressing media
I think there's complete harmony with which we're working, respecting each other's domain and also knowing what we've to do with each
other's priorities and in the interest of the nation
the government
that a digital currency will be issued by the central bank in the next fiscal, which will use the blockchain technology
The budget also proposed to amend the RBI Act to introduce the proposed central bank digital currency (CBDC), which will function
financial stability, and would undermine the central bank's ability to deal with challenges on the two fronts
this is never a "knee-jerk reaction
It is done with consciousness..
And I can see after the announcement, the reception, there is a buzz in the air".