A central bank digital currency (CBDC) is a digital currency issued by the central bank of a country. It’s under the jurisdiction of the government of that country. Unlike crypto, CBDC is reliant on a central authority. That’s why it is also known as “digital fiat currency.” The RBI states that CBDC is the legal The post Explainer: What is CBDC? What is RBI’s ‘Digital Rupee’ Pilot Programme? appeared first on CoinGape.
