PANews October 23 news, according to CryptoSlate, although India ranks first in global cryptocurrency adoption, the government tends to ban private cryptocurrencies like Bitcoin, instead supporting central bank digital currencies (CBDC). Officials believe that the digital rupee can provide all the advantages of private cryptocurrencies but with lower risks. The Governor of the Reserve Bank of India emphasized that the programmability of CBDCs aids in financial inclusion. Currently, the digital rupee has achieved initial success domestically and may expand to international payments in the future, demonstrating the government's strong support for central bank digital currencies.