RBI explores tokenising gold amid push to expand Unified Markets Interface

Image for article RBI explores tokenising gold amid push to expand Unified Markets Interface
News Source : The Times of India

News Summary

  • This platform currently settles tokenised financial instruments using central bank digital currency.
  • RBI aims to expand the interface to include more asset classes beyond existing tested instruments.
  • While gold is a possibility, other financial assets are also under examination.
  • The central bank is carefully considering potential regulatory and systemic risks associated with these expansions.
  • Top Trending Stocks: SBI, Axis Bank, HDFC Bank, Infosys, Wipro, NTPC.

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