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CBDC

WHAT IS CENTRAL BANK DIGITAL CURRENCY (CBDC)?

April 29, 2023February 26, 2023 by Koushik Gope
what-is-central-bank-digital-currency-cbdc

A nation’s central bank issues and backs the digital fiat currency known as Central Bank Digital Currency (CBDC). Similar to traditional cash but in digital form, it is used as payment. The purpose of CBDC is to offer an efficient, affordable, and secure alternative to real money in the form of digital fiat currency. India … Read more

Categories Finance Tags bank nifty, CBDC, RBI Leave a comment

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