Mumbai : Over 70 lakh Indians currently use the central bank digital currency (CBDC) as part of its pilot project, and the Reserve Bank is in "no hurry" for a full rollout of the virtual currency, a senior official said on Tuesday."The number of people using CBDC is now 70 lakh. We are in no hurry for a full rollout of CBDC," Sankar told reporters on the sidelines of the annual Global Fintech Fest here.

He said the RBI's focus centres are increasing the use cases for the CBDC, and pointed to the surge in the number of programmable CBDC cases.The CBDC's real advantage is in the cross-border usage, he said, adding that to realise the full benefits of the same, other countries also need to progress on their own CBDC projects. Read Also Bombay HC Upholds SBI’s ‘Fraud’ Tag On Anil Ambani's

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