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The Economic Times

Economy / The Economic Times

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FM Sitharaman pushes RBI to sharpen digital rupee as tokenisation takes off

Finance Minister Nirmala Sitharaman urged the Reserve Bank of India to advance digital rupee pilots. She highlighted tokenisation's role in enabling near-instantaneous settlement of financial transactions. Sitharaman advocated for a soft-touch regulatory approach to emerging technologies like artificial intelligence. She warned of AI's risks while emphasizing responsible adoption for competitiveness. Greater coordination among regulators and industry self-regulation were also called for.

11 Sep 2026 10:21 pm