Central Bank is launching Digital currency for retail use on December 1st, 2022 in India. To start with, the digital currency is rolled out via banks in selected, leading cities. Though this is a pilot launch, we can expect a regular launch pretty soon where digital currency will be available for everyone - in all cities, and via most banks. In today's video I share the … [Read more...] about Central Bank Digital Currency Is Launched For Retail Use On Dec 1 | FAQs And Official information!
digital currency explained
What Is Digital Currency | Doubts & FAQs Explained | How Is It Different From UPI & Cryptocurrency?
Digital currency was pilot launched in India on November 1st, 2022. Initially, the currency, also known as Central Bank Digital Currency (CBDC) was launched only for wholesale transactions - to be used for buying stocks or government bonds. On the launch day Rs. 275 crores digital currency transaction was done. The finance ministry is planning to launch digital … [Read more...] about What Is Digital Currency | Doubts & FAQs Explained | How Is It Different From UPI & Cryptocurrency?