RBI Exploring Privacy Solutions for Digital Rupee Pilots, Leaves Crypto Taxes to Government
• RBI exploring technology to address privacy risks in potential digital rupee • Crypto taxation not part of RBI's domain; stance on taxes falls outside its purview • RBI pushing adoption of wholesale and retail CBDC; hit 1M pilot transactions in a day • RBI looking into tech solutions beyond legislation to tackle CBDC privacy concerns • RBI open to future involvement of startups in India's CBDC pilot programs