CBDC pilot programmes for CPs, CDs likely: RBI
Why in the news? RBI Governor Shaktikanta Das unveiled plans for a pilot program targeting the wholesale segment of Central Bank Digital Currency (CBDC) focusing on commercial papers (CPs) and certificates of deposits (CDs). What is Central Bank Digital Currency (CBDC)? CBDC is a legal tender to be issued by the central bank in digital… Continue reading CBDC pilot programmes for CPs, CDs likely: RBI