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Indian Digital Currency Plans

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The Indian government does not support cryptocurrencies without sovereign or asset backing. They plan to introduce an RBI-backed digital currency. Commerce Minister Piyush Goyal emphasized that only government-backed digital money will be allowed.

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Crypto India

Crypto India

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BREAKING: India Govt does not encourage cryptocurrencies without sovereign or asset backing. India will introduce an RBI-backed digital currency, similar to US stablecoins, to replace normal currency. – Commerce Minister Piyush Goyal

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5:09 AM·Oct 7, 2025·2.4K Views
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ANI

ANI

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#WATCH | Doha, Qatar: Union Minister Piyush Goyal says, "...We have not been encouraging cryptocurrency, which does not have sovereign backing or which is not backed by assets, say it on the federal bank or local currency. India has also announced that we will be coming out with

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4:46 PM·Oct 6, 2025·2.1K Views
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Manoj Arora

Manoj Arora

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Bitcoin is not backed by assets. Gold is backed by? And paper note is backed by? We need educated politicians who understand what decentralisation is, and what gives value to something...

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12:55 PM·Oct 7, 2025·1.8K Views
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Shubham Bhandari

Shubham Bhandari

@@Shubhamb126

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The currency that is backed by govt

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8:51 AM·Oct 7, 2025·1.8K Views
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