Friday, 23 July 2021

India's own digital currency in the offing, RBI working on phased introduction

Zee News Central bank digital currency is the same as currency issued by a central bank but takes a different form than paper. It is sovereign currency in an electronic form and it would appear as liability (currency in circulation) on a central bank’s balance sheet.  https://ift.tt/eA8V8J July 23, 2021 at 05:28PM Central bank digital currency is the same as currency issued by a central bank but takes a different form than paper. It is sovereign currency in an electronic form and it would appear as liability (currency in circulation) on a central bank’s balance sheet. 

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