
What does RBI's new digital currency bill mean for cryptocurrencies?
Could you elaborate on the implications of the RBI's newly proposed digital currency bill on the cryptocurrency landscape? Specifically, how might it reshape the regulatory framework, affect the trading and use of cryptocurrencies, and potentially influence market sentiment and investor confidence? Also, what challenges and opportunities do you foresee for cryptocurrency enthusiasts, businesses, and regulators as a result of this legislation? Furthermore, how might this bill compare to similar regulatory efforts in other countries, and what can we learn from their experiences?
