Digital Currency vs UPI – RBI Digital Rupee Explained | All about CBDC (in Simple Language)

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The central bank digital currency (CBDC) is a digital form of currency issued by a central bank. The CBDC will be the first instance of a sovereign issuer of digital money.

A CBDC can be used for retail transactions, wholesale payments and in financial markets to transfer money without the need for intermediaries. It could also be used as an additional channel for monetary policy transmission, lowering the cost of transactions and providing new channels for liquidity management.

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1. Neither Research Analyst nor the entity nor his associates or relatives have any financial interest in the subject Company;
2. Neither Research Analyst nor the entity nor its associates or relatives have actual / beneficial ownership of one per cent or more securities of the subject Company, at the end of the month immediately preceding the date of publication of the research report or date of public appearance;
3. Neither Research Analyst nor the entity nor its associates or his relatives have any other material conflict of interest at the time of publication of the research report or at the time of public appearance.
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1. The Research Entity and its associates have not received compensation from the subject company in the past twelve months.
2. The subject company is not or was not a client during the twelve months preceding the date of recommendation. , 1668061815 , 2022-11-10 06:30:15 , 00:18:24 , UCPohbSYq4IXhv0yxiy-sT4g , Yadnya Investment Academy , 716 , , Yadnya,Invesment,Yadnya Investment Academy,Personal Finance,#investyadnya,Digital Rupee,Digital Rupee in India,CBDC,CBDC Central Bank Digital Currency,CBDC Explained , , , ,, #Digital #Currency #UPI #RBI #Digital #Rupee #Explained #CBDC #Simple #Language -The trustworthy Virtual Currency/Digital Currency Miner/Mining supplier
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