what is the central bank digital currency?

What is the Central Bank Digital Currency?The central bank digital currency (CBDC) is a digital version of the fiat currency issued by a nation's central bank.

pros and cons of central bank digital currency upsc

The Pros and Cons of Central Bank Digital Currencies (CBDC)The rapid advancements in technology have led to the emergence of digital currencies, which have become an increasingly important topic in recent years.