Today, countries are sized with idea of cryptocurrency as in this modern digital age, paper banknotes are gradually losing their role as a reference value in payment system across the worlds. A cryptocurrency like bitcoin is cryptography-based peer-to-peer electronic cash system, founded on blockchain and distributed ledger system, that allow the transfer of values without any financial intermediary such as banks. CBDC is a digital or virtual currency, but it differs from the private virtual currencies and cryptocurrencies that have exploded in popularity over the last decade. Because there is no issuer, private virtual currencies do not represent any person’s debt or liabilities. They aren’t money, and they aren’t even close to being currency. The Reserve Bank of India has been a vocal opponent of private cryptocurrencies, claiming that they could jeopardize national security and financial stability. The Reserve Bank of India (RBI) will issue Central Bank Digital Currency (CBDC), which will be a digital form of legal tender.
Which chess player is not among the FIDE Chess Top 5 Players?
Amnesty International is an organization which is associated with
In addition to Zanzibar, Tanzania, where IIT Madras has established its first campus outside India, where are the other planned locations for IIT campus...
Which of the following is the least densely populated place in the world?
Which of the following is NOT a part of the hind-brain?
As per RBI committee for asset reconstruction companies (ARCs), for accounts above_________, two bank-approved external valuers should carry out a valua...
Equatorial plane and Orbital plane are inclined to each other at which angle?
Which of the following is not an atomic mineral?
Who is the famous santoor player in India?
In which year was the National Hydrogen Mission launched by India to promote green hydrogen and meet climate targets?