technology

Cybersecurity, frauds main concerns with digital currency: RBI Governor

Cybersecurity, frauds main concerns with digital currency: RBI Governor

RBI Governor Shaktikanta Das has said cybersecurity and the possibility of digital frauds are main concerns with rolling out a central bank digital currency. He added one has to ensure cyber security and take preemptive steps to prevent any kind of fraud. Deputy Governor T Rabi Sankar said work is being done on two types of CBDCs, retail and wholesale..

technology 2021-12-09 Inshorts