Monday, November 4, 2024

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Central Bank Digital Currency (CBDC)

Can CBDC assist and support the growth and development of the Indian economy?

India is one of the countries that have been exploring the possibility of implementing a CBDC.

Central Bank digital currency सफलता का नया मुकाम भाग- २ 

सीबीडीसी आगे बढ़ने वाले प्रत्येक केंद्रीय बैंक के शस्त्रागार में होने की संभावना है। इसे स्थापित करने के लिए सावधानीपूर्वक अंशांकन और कार्यान्वयन में सूक्ष्म दृष्टिकोण की आवश्यकता होगी। चुनौतियों का भी अपना महत्व है।

Digital Rupee: RBI’s Central Bank Digital Currency (CBDC)

The Central Bank Digital Currency of the Reserve Bank of India can be referred to as the electronic form of the rupee i.e The Digital Rupee, and is exchangeable one-to-one at par with the fiat currency.

The future of money

If all the private crypto currencies will be taxed at such a high rate in India, it would simply push them underground, into the domain of illegal trade and dark web.

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