Central Bank Digital Currency Current Affairs, GK & News

RBI to launch Trial Project of CBDC by December

According to Reserve Bank of India (RBI) Governor Shaktikanta Das, RBI is set to launch the trial program of its digital currency by December 2021. Highlights Currently, RBI is working on bringing its Central Bank Digital Currency (CBDC) in a phased manner. RBI is working on CBDC carefully because it is a new product for ..

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India’s New Central Bank Digital Currency

The Reserve Bank of India (RBI) is in process of examining if India needs a new central bank digital currency (CBDC) and is exploring ways to operationalise the digital currency. Highlights The statement from the RBI has come in the light of gaining popularity of the private digital currencies, virtual currencies and cryptocurrencies. These currencies ..

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