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Central Bank Digital Currency (CBDC) in India: A Game Changer?

Introduction The financial landscape of India is evolving rapidly with the advent of digital technologies, fintech innovations, and the widespread adoption of digital payments. One of the most significant developments in this trajectory is the emergence of Central Bank Digital Currency (CBDC). A CBDC is a digital form of a country’s fiat currency issued and…

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current affairs

Central Bank Digital Currencies (CBDCs): The Future of Monetary Systems

Introduction In the digital age, financial systems around the world are undergoing rapid transformation. One of the most groundbreaking developments in this evolution is the emergence of Central Bank Digital Currencies (CBDCs). These are digital forms of fiat money issued and regulated by a country’s central bank, designed to coexist with physical currency but with…

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