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File: Conceptnoteacb531172e0b4dfc9a6e506c2c24ffbpdf
Concept Note on Central Bank Digital Currency FinTech Department Reserve Bank of India October 2022 1 Concept Note on CBDC Preface Central Bank Digital Currency (CBDC) is a digital form ...

icon picture PDF Filetype PDF | Posted on 07 Feb 2023 | 2 years ago
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...Concept note on central bank digital currency fintech department reserve of india october cbdc preface is a form notes issued by while most banks across the globe are exploring issuance key motivations for its specific to each country s unique requirements this explains objectives choices benefits and risks issuing in referred as e rupee will provide an additional option currently available forms money it substantially not different from banknotes but being likely be easier faster cheaper also has all transactional other purpose behind issue create awareness about cbdcs general planned features particular seeks explain approach towards introduction governed two basic considerations that close possible paper manage process introducing seamless manner discusses such technology design uses mechanisms etc examines implications banking system monetary policy financial stability analyses privacy issues soon commence limited pilot launches use cases expected would facilitate deeper appreciati...
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