RBI Digital Currency, the term ‘digital currency’ refers to money exclusively available in digital or electronic form. It is also known as cyber cash, digital money, electronic money, or electronic currency. Typically, digital currencies do not require intermediaries and it is frequently the most cost-effective way to trade currencies. RBI digital currency or central bank digital currency have the ability to transfer value seamlessly and reduce transaction costs. India’s official digital currency is in the works and would be launched by 2022–23, according to the Reserve Bank of India (RBI). For more details visit our website for getting the exact report.
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