India’s CBDC (Central Bank Digital Currency) by the RBI – Explained

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India’s CBDC (Central Bank Digital Currency) by the RBI – Explained || bekifaayati

India is amongst the very few countries which is launching its very own Central Bank Digital
Currency – or in simple words Digital Rupee. RBI has named this E- Rupee and it will
be officially launched in another 2-3 months.

But what exactly is this? Why was there a need for Digital Currency when we already have a Physical Currency? And If we were planning to launch a Digital Rupee, why did we put a Ban on Cryptocurrencies? Watch this video to understand the answer to all these pertinent questions.

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